Methode Electronics: Lindsey gets 107 phantom shares

The director’s separate restricted stock units vest in three scheduled installments, ending September 22, 2029.

Available on EDGAR 11/03/2026 - 06:00 PM EST Accepted by SEC EDGAR 11/03/2026 - 06:00 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Mary A. Lindsey reported acquisition or exercise transactions in this Form 4 filing. Methode Electronics director Mary A. Lindsey reported 107 phantom shares credited on October 31, 2026, through the dividend-reinvestment feature of the company’s Nonqualified Deferred Compensation Plan, at a reported $14.72 per share. Her reported indirect phantom-stock position after the credit was 31,695 shares. She also reported 9,186 directly held restricted stock units and 25,970 directly held common shares.

Insider Trade Summary

Grant/Award: 107.3 shares

Grant/Award 1 txn

Insider LINDSEY MARY A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock F1	107.3	$14.72	$2K
Holding	Restricted Stock Units F2	--	--	--
Holding	Common Stock	--	--	--

Holdings After Transaction: Phantom Stock — 31,695.48 shares (Indirect, In Deferred Comp. Plan); Restricted Stock Units — 9,186 contracts for 0 underlying shares (Direct); Common Stock — 25,970 shares (Direct)

Holdings Before and After: Phantom Stock, 31,588.18 to 31,695.48 shares (Indirect, In Deferred Comp. Plan)

Footnotes (2)

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.
2. F2. Restricted Stock Units granted under the Company's 2026 Omnibus Incentive Plan. The Restricted Stock Units will vest 33% on 9/22/27; 33% on 9/22/28; and 34% on 9/22/29.

Key Figures

Phantom shares credited: 107 shares Reported price per share: $14.72 per share Indirect phantom-stock position: 31,695 shares +3 more

6 metrics

Phantom shares credited 107 shares October 31, 2026

Reported price per share $14.72 per share Phantom stock credited October 31, 2026

Indirect phantom-stock position 31,695 shares Following the October 31, 2026 credit

Restricted stock units 9,186 units Direct holdings reported October 31, 2026

Common shares 25,970 shares Direct holdings reported October 31, 2026

Restricted stock unit vesting 33%, 33%, and 34% Scheduled for September 22, 2027; September 22, 2028; and September 22, 2029, respectively

Key Terms

Phantom Stock, Nonqualified Deferred Compensation Plan, dividend reinvestment feature, Restricted Stock Units, +1 more

5 terms

Phantom Stock financial

"additional theoretical common shares (i.e., phantom stock)"

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

"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"

Restricted Stock Units financial

"Restricted Stock Units granted under the Company's 2026 Omnibus Incentive Plan"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

2026 Omnibus Incentive Plan financial

"granted under the Company's 2026 Omnibus Incentive Plan"

FAQ

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

How many phantom shares did MEI director Mary A. Lindsey acquire?

Mary A. Lindsey reported 107 phantom shares credited on October 31, 2026, at a reported $14.72 per share. The credit was made through the dividend-reinvestment feature of the Nonqualified Deferred Compensation Plan, and her reported indirect phantom-stock position afterward was 31,695 shares.

When do Mary A. Lindsey’s MEI restricted stock units vest?

Her 9,186 restricted stock units are scheduled to vest 33% on September 22, 2027, 33% on September 22, 2028, and 34% on September 22, 2029, under the company’s 2026 Omnibus Incentive Plan.

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

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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^*

LINDSEY MARY A

(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)
10/31/2026

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	10/31/2026		A		107.3(1)	A	$14.72	31,695.48	I	In Deferred Comp. Plan
Common Stock								25,970	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
Restricted Stock Units	$0							(2)	(2)	Common Stock	0		9,186	D

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.

2. Restricted Stock Units granted under the Company's 2026 Omnibus Incentive Plan. The Restricted Stock Units will vest 33% on 9/22/27; 33% on 9/22/28; and 34% on 9/22/29.

	/s/ Kerry Vyverberg as attorney-in-fact for Mary A. Lindsey	11/03/2026
	** 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)