Methode Electronics director awarded phantom stock
METHODE ELECTRONICS INC director Therese M. Bobek reported an automatic acquisition of 258.220 shares of phantom stock on January 31, 2026.
Rhea-AI Filing Summary
METHODE ELECTRONICS INC director Therese M. Bobek reported an automatic acquisition of 258.220 shares of phantom stock on January 31, 2026. These theoretical common shares were credited under the company’s Nonqualified Deferred Compensation Plan through its dividend reinvestment feature, and are held indirectly in the deferred compensation plan.
Following this credit, Bobek holds 27,991.160 phantom stock units indirectly in the plan and 21,543 shares of common stock directly. The activity reflects compensation and dividend reinvestment mechanics rather than an open‑market purchase or sale.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 258.22 | $5.37 | $1K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The amount shown reflects additional theoretical common shares (i.e., phantom stock) which were credited pursuant to the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan.
FAQ
What did Methode Electronics (MEI) director Therese Bobek report on this Form 4?
What is the nature of the phantom stock credited to MEI director Therese Bobek?
How many phantom stock units does MEI director Therese Bobek hold after this transaction?
Was this MEI Form 4 for an open-market stock purchase or sale by Therese Bobek?
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