Methode director credited phantom stock units

Cadwallader Brian J reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Cadwallader Brian J reported acquisition or exercise transactions in this Form 4 filing.

METHODE ELECTRONICS INC director Brian J. Cadwallader reported routine compensation-related activity. On May 1, 2026, he was credited with 270.59 phantom stock units at $8.63 per unit under a nonqualified deferred compensation plan’s dividend reinvestment feature, bringing that plan balance to 46,974.75 units held indirectly. A separate entry shows 6,800 shares of common stock held indirectly in trust, reported as a holding rather than a new trade.

Insider Trade Summary

Grant/Award: 270.59 shares

Grant/Award 2 txns

Insider Cadwallader Brian J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	270.59	$8.63	$2K
holding	Common Stock	--	--	--

Holdings After Transaction: Phantom Stock — 46,974.75 shares (Indirect, In Deferred Comp. Plan); Common Stock — 6,800 shares (Indirect, In Trust)

Footnotes (1)

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.

Key Figures

Phantom stock units granted: 270.59 units Phantom stock unit reference price: $8.63 per unit Total phantom stock after transaction: 46,974.75 units +1 more

4 metrics

Phantom stock units granted 270.59 units Credited via dividend reinvestment on May 1, 2026

Phantom stock unit reference price $8.63 per unit Price associated with May 1, 2026 phantom stock credit

Total phantom stock after transaction 46,974.75 units Indirectly held in Nonqualified Deferred Compensation Plan

Common stock held in trust 6,800 shares Indirect ownership reported as holding entry

Key Terms

Phantom Stock, Nonqualified Deferred Compensation Plan, dividend reinvestment, In Trust

4 terms

Phantom Stock financial

"The amount shown reflects additional theoretical common shares (i.e., phantom stock) which were credited"

A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.

Nonqualified Deferred Compensation Plan financial

"credited pursuant to the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan"

A nonqualified deferred compensation plan is an arrangement where an employer lets select employees postpone receiving part of their pay or bonuses until a future date, often at retirement, so taxes are paid later. It matters to investors because these payouts are typically unsecured promises by the company—like an internal IOU—so they create future cash obligations and expose the company to extra liability risk if the business falters, and they also reveal how executives are being paid and motivated.

dividend reinvestment financial

"credited pursuant to the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan"

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

In Trust financial

"total_shares_following_transaction: 6800.0000, nature_of_ownership: In Trust"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider activity did MEI director Brian Cadwallader report?

Brian Cadwallader reported a credit of 270.59 phantom stock units. These units were added through a dividend reinvestment feature in a nonqualified deferred compensation plan, reflecting routine compensation accrual rather than an open-market stock purchase or sale.

How many phantom stock units does the MEI director hold after this Form 4?

After the reported transaction, the director holds 46,974.75 phantom stock units indirectly. These units track the value of Methode Electronics common stock within a deferred compensation plan and were increased by dividend reinvestment on May 1, 2026.

Was the MEI Form 4 transaction a market buy or sell of shares?

The Form 4 does not show any open-market buy or sell. It reports a grant of 270.59 phantom stock units via dividend reinvestment and a holding entry for 6,800 common shares in trust, both classified as indirect ownership positions.

What does ‘phantom stock’ mean in the MEI deferred compensation plan?

Phantom stock represents theoretical common shares credited in a deferred compensation plan. For MEI, 270.59 phantom shares were credited due to dividend reinvestment, giving the director an account balance that tracks the value of the company’s common stock over time.

How many MEI common shares does the director report holding indirectly?

The filing reports 6,800 shares of MEI common stock held indirectly in trust. This is listed as a holding entry, indicating the position after the reported date rather than a new purchase or sale of those common shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/05/2026 - 07:00 PM EDT Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Cadwallader Brian J

(Last) (First) (Middle)

25650 W 11 MILE RD

(Street)

SOUTHFIELD MICHIGAN 48034

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

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

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

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

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	05/01/2026		A		270.59(1)	A	$8.63	46,974.75	I	In Deferred Comp. Plan
Common Stock								6,800	I	In Trust

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 Brian J. Cadwallader	05/05/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)