STOCK TITAN

[Form 4] METHODE ELECTRONICS INC Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bobek Therese M reported acquisition or exercise transactions in this Form 4 filing.

METHODE ELECTRONICS INC director Therese M. Bobek reported routine compensation-related changes in her holdings. On May 1, 2026, she received 161.680 additional units of phantom stock at $8.63 per unit through the dividend reinvestment feature of the company’s Nonqualified Deferred Compensation Plan. After this credit, her deferred compensation account holds 28,068.170 phantom stock units indirectly. Separately, she directly owns 21,543 shares of the company’s common stock following the reported transactions.

Positive

  • None.

Negative

  • None.
Insider Bobek Therese M
Role null
Type Security Shares Price Value
Grant/Award Phantom Stock 161.68 $8.63 $1K
holding Common Stock -- -- --
Holdings After Transaction: Phantom Stock — 28,068.17 shares (Indirect, In Deferred Comp. Plan); Common Stock — 21,543 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Phantom stock units credited 161.680 units Credited on May 1, 2026 via dividend reinvestment
Phantom unit reference price $8.63 per unit Price per phantom stock unit for the credited amount
Total phantom stock units 28,068.170 units Indirect holdings after May 1, 2026 credit
Direct common shares 21,543 shares Direct MEI common stock holdings after transactions
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
"pursuant to the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan"
dividend reinvestment feature financial
"credited pursuant to the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan"
SEC Form 4
FORM 4UNITED 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*
Bobek Therese M

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Phantom Stock05/01/2026A161.68(1)A$8.6328,068.17IIn Deferred Comp. Plan
Common Stock21,543D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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. Bobek05/05/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did MEI director Therese Bobek report on this Form 4?

Therese M. Bobek reported receiving 161.680 additional phantom stock units on May 1, 2026. These were credited under Methode Electronics’ Nonqualified Deferred Compensation Plan through a dividend reinvestment feature, rather than through an open-market stock purchase or sale.

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

After the May 1, 2026 credit, Therese M. Bobek’s deferred compensation account reflects 28,068.170 phantom stock units. These theoretical common share equivalents are held indirectly in the Methode Electronics Nonqualified Deferred Compensation Plan for long-term compensation purposes.

How many MEI common shares does Therese Bobek own directly after the filing?

Following the reported transactions, Therese M. Bobek directly owns 21,543 shares of Methode Electronics common stock. This direct holding is separate from her phantom stock units credited within the company’s Nonqualified Deferred Compensation Plan.

Was the MEI insider transaction an open-market buy or sell of stock?

No, the reported activity was not an open-market buy or sell. The 161.680 phantom stock units were credited automatically under a dividend reinvestment feature in the Nonqualified Deferred Compensation Plan, reflecting compensation mechanics rather than discretionary trading in MEI shares.

What does phantom stock mean in the context of MEI’s deferred compensation plan?

Phantom stock represents theoretical common shares used for tracking value in a deferred compensation plan. For Methode Electronics, these units mirror the value of common stock and can receive credited amounts via dividend reinvestment, but they are not actual traded shares.