Methode Electronics (MEI) director gains phantom stock via deferred plan

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bobek Therese M

(Last) (First) (Middle)

25650 W 11 MILE RD

(Street)

SOUTHFIELD MI 48034

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
METHODE ELECTRONICS INC [ MEI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/31/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Phantom Stock	01/31/2026		A		258.22(1)	A	$5.37	27,991.16	I	In Deferred Comp. Plan
Common Stock								21,543	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

	/s/ Kerry Vyverberg as attorney-in-fact for Therese M. Bobek	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did Methode Electronics (MEI) director Therese Bobek report on this Form 4?

Therese M. Bobek reported an automatic acquisition of 258.220 phantom stock units on January 31, 2026. These units were credited under Methode Electronics’ Nonqualified Deferred Compensation Plan through its dividend reinvestment feature, rather than through an open-market stock purchase or sale.

What is the nature of the phantom stock credited to MEI director Therese Bobek?

The phantom stock represents theoretical common shares credited within a deferred compensation plan, not tradable stock. For Bobek, 258.220 additional phantom shares were added via the plan’s dividend reinvestment feature, increasing her indirect compensation-linked balance without a cash transaction in the open market.

How many phantom stock units does MEI director Therese Bobek hold after this transaction?

After the January 31, 2026 credit, Therese Bobek holds 27,991.160 phantom stock units indirectly in Methode Electronics’ Nonqualified Deferred Compensation Plan. This reflects cumulative accrued theoretical shares tied to compensation and dividend reinvestment, rather than standard common stock holdings in a brokerage account.

How many MEI common shares does Therese Bobek hold directly after the reported activity?

The filing shows Therese Bobek holding 21,543 shares of Methode Electronics common stock directly following the reported date. This direct holding is separate from her 27,991.160 phantom stock units, which are maintained within the company’s Nonqualified Deferred Compensation Plan as theoretical share equivalents.

Was this MEI Form 4 for an open-market stock purchase or sale by Therese Bobek?

No, the primary transaction was a grant or award acquisition of phantom stock units credited via dividend reinvestment in a deferred compensation plan. The Form 4 does not report any open-market purchase or sale of Methode Electronics common shares by director Therese Bobek on that date.