[Form 4] METHODE ELECTRONICS INC Insider Trading Activity

Rhea-AI Filing Summary

Methode Electronics director Mary A. Lindsey received a grant of 18,543 units of phantom stock on 09/16/2025 that vested immediately and was deferred into the company's Nonqualified Deferred Compensation Plan. Each phantom share equals the economic value of one share of Methode Electronics common stock and is payable in common shares upon distribution from the Plan. The filing also reports a disposition of 25,970 shares of common stock. Following the phantom-stock award and deferral election, the reporting person is shown as beneficially owning 30,870.41 phantom shares (indirectly) in the deferred compensation plan.

Positive

• Director received 18,543 units of phantom stock with immediate vesting, which aligns compensation with company performance.
• Election to defer the award into the Nonqualified Deferred Compensation Plan preserves long-term economic alignment and defers immediate share issuance.

Negative

• Disposition of 25,970 common shares reduced the reporting person's direct holdings; the filing does not disclose the reason or proceeds.
• Form 4 does not state whether the disposal was executed under a trading plan (e.g., Section 10b5-1), leaving timing context unclear.

Insights

Financial Analyst

TL;DR: Director deferred immediately vested phantom stock (18,543 units) into the firm's deferred comp plan; sold 25,970 common shares.

The transaction shows a non-cash compensation grant structured as phantom stock with immediate vesting and an election to defer payout into the company's Nonqualified Deferred Compensation Plan, which preserves economic exposure without current share issuance. The filing lists an acquisition of 18,543 phantom units at a reported price point ($8 recorded) and an ending indirect holding of 30,870.41 phantom shares within the plan. The separate line reporting disposal of 25,970 common shares indicates a reduction in directly held equity; the filing does not provide proceeds, reason for the sale, or whether the disposal was part of a trading plan. For investors, this is an insider compensation and liquidity event rather than a corporate operational disclosure.

Corporate Governance Expert

TL;DR: Immediate-vesting director award deferred into a plan signals alignment with long-term pay structure; reported common-stock disposal reduces direct holdings.

The director's election to defer a stock award into the Nonqualified Deferred Compensation Plan aligns executive/director compensation with longer-term outcomes and may be governed by plan distribution rules; each phantom share mirrors one common share economically and will convert to shares upon distribution. Immediate vesting followed by deferral is permissible under the 2022 Omnibus Incentive Plan and is properly reported. The filing documents the disposition of 25,970 common shares but lacks context on timing of sale proceeds or any Section 10b5-1 plan—information not included in this Form 4.

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).

1. Name and Address of Reporting Person^*

LINDSEY MARY A

(Last) (First) (Middle)

8750 WEST BRYN MAWR AVENUE

SUITE 1000

(Street)

CHICAGO IL 60631

(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)
09/16/2025

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	09/16/2025		A		18,543(1)	A	$8	30,870.41	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

Explanation of Responses:

1. Stock award granted pursuant to the Methode Electronics, Inc. 2022 Omnibus Incentive Plan with immediate vesting. The director elected to defer the award pursuant to the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan (the "Plan"). Each share of phantom stock represents the economic equivalent of one share of the Company's common stock. The phantom stock is payable in shares of the Company's common stock upon distribution from the Plan.

	/s/ Kerry Vyverberg as attorney-in-fact for Mary A. Lindsey	09/18/2025
	** 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.

FAQ

What insider activity did Mary A. Lindsey report on Form 4 for MEI?

The Form 4 reports an acquisition of 18,543 phantom stock units on 09/16/2025 with immediate vesting and a disposition of 25,970 common shares.

What is the nature of the 18,543 units reported in the filing?

They are phantom stock awards granted under the Methode Electronics, Inc. 2022 Omnibus Incentive Plan, each representing the economic equivalent of one common share.

Was the phantom stock paid out immediately?

No. The director elected to defer the award into the company's Nonqualified Deferred Compensation Plan; the phantom shares are payable in common stock upon distribution from the Plan.

How many phantom shares does the reporting person beneficially own after the transaction?

The filing shows an indirect beneficial ownership of 30,870.41 phantom shares in the deferred compensation plan following the reported transactions.

Does the Form 4 disclose proceeds or reason for the 25,970-share disposition?

No. The Form 4 lists the disposition amount but does not provide proceeds, sale price, or explanation for the sale.