Methode Electronics (NYSE: MEI) director adds phantom stock units
Rhea-AI Filing Summary
Cadwallader Brian J reported acquisition or exercise transactions in this Form 4 filing.
Methode Electronics director Brian J. Cadwallader was credited 167.88 phantom stock units on 2026-07-31 at $13.99 per unit. These theoretical common shares were added through the dividend reinvestment feature of the company’s Nonqualified Deferred Compensation Plan, raising his indirect phantom stock balance to 47,142.63 units. He also indirectly holds 6,800 common shares in a trust.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 167.88 shares
Net Buy
2 txns
Insider
Cadwallader Brian J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock F1 | 167.88 | $13.99 | $2K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock — 47,142.63 shares (Indirect, In Deferred Comp. Plan);
Common Stock — 6,800 shares (Indirect, In Trust)
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.
Key Figures
Phantom stock units credited: 167.8800 phantom stock units
Phantom stock credit price: $13.9900 per unit
Phantom stock units after transaction: 47,142.6300 phantom stock units
+1 more
4 metrics
Phantom stock units credited
167.8800 phantom stock units
Grant, award, or other acquisition on 2026-07-31
Phantom stock credit price
$13.9900 per unit
Reference price for phantom stock units credited on 2026-07-31
Phantom stock units after transaction
47,142.6300 phantom stock units
Indirect holdings in Nonqualified Deferred Compensation Plan following the transaction
Common shares held in trust
6,800.0000 shares
Indirect common stock holdings reported as of 2026-07-31
Key Terms
Phantom Stock, Nonqualified Deferred Compensation Plan, dividend reinvestment feature
3 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 feature financial
"credited pursuant to the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did MEI director Brian J. Cadwallader report?
Brian J. Cadwallader reported an acquisition of 167.88 phantom stock units of Methode Electronics on 2026-07-31 at $13.99 per unit. The units were credited as part of a dividend reinvestment feature in a Nonqualified Deferred Compensation Plan.
How many phantom stock units does MEI’s Brian J. Cadwallader now hold?
After this credit, Brian J. Cadwallader holds 47,142.63 phantom stock units indirectly in a Methode Electronics Nonqualified Deferred Compensation Plan. These units represent theoretical common shares used for deferred compensation accounting purposes.
Does Brian J. Cadwallader hold Methode Electronics (MEI) common stock directly or indirectly?
Brian J. Cadwallader holds 6,800 common shares of Methode Electronics indirectly in a trust. In addition, he holds 47,142.63 phantom stock units indirectly through a Nonqualified Deferred Compensation Plan rather than as directly owned common shares.
What is the nature of the phantom stock credited to MEI director Brian J. Cadwallader?
The filing describes the phantom stock as theoretical common shares credited via the dividend reinvestment feature of Methode Electronics’ Nonqualified Deferred Compensation Plan. These units track the company’s stock for compensation, not as tradable shares.
Was the MEI phantom stock transaction under a Rule 10b5-1 trading plan?
The document-level checkbox indicates no Rule 10b5-1 trading plan for this report. Cadwallader’s 167.88 phantom stock units were credited through a deferred compensation plan feature, not under a pre-arranged 10b5-1 stock trading plan.
How is Brian J. Cadwallader’s ownership in MEI characterized in this Form 4?
All reported interests are indirect. Phantom stock units are held in a Deferred Compensation Plan and 6,800 common shares are held in a trust, reflecting beneficial interests rather than direct share ownership in his own name.