Methode Electronics director gets 160 stock credits

The director's 9,186 restricted stock units will vest in three installments on September 22, 2027, September 22, 2028 and 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

Mark D. Schwabero reported acquisition or exercise transactions in this Form 4 filing. Methode Electronics Inc. (MEI) director Mark D. Schwabero had 160 phantom stock shares credited on October 31, 2026, through the dividend reinvestment feature of the company's Nonqualified Deferred Compensation Plan. His indirect phantom-stock balance in that plan was 47,303 shares after the credit. The company also lists 9,186 directly held restricted stock units and 6,000 directly held common shares as of October 31, 2026.

Insider Trade Summary

Grant/Award: 160.14 shares

Grant/Award 1 txn

Insider SCHWABERO MARK D

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock F1	160.14	$14.72	$2K
Holding	Restricted Stock Units F2	--	--	--
Holding	Common Stock	--	--	--

Holdings After Transaction: Phantom Stock — 47,302.77 shares (Indirect, In Deferred Comp. Plan); Restricted Stock Units — 9,186 contracts for 0 underlying shares (Direct); Common Stock — 6,000 shares (Direct)

Holdings Before and After: Phantom Stock, 47,142.63 to 47,302.77 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 stock credited: 160 shares Reported price per share: $14.72 per share Indirect phantom stock holdings: 47,303 shares +2 more

5 metrics

Phantom stock credited 160 shares Credited on October 31, 2026

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

Indirect phantom stock holdings 47,303 shares After the October 31, 2026 credit; held in the deferred compensation plan

Restricted stock units 9,186 units Direct holdings as of October 31, 2026

Common stock 6,000 shares Direct holdings as of October 31, 2026

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 stock shares did MEI director Mark D. Schwabero receive?

The plan credited 160 phantom stock shares on October 31, 2026, through its dividend reinvestment feature.

When do Mark D. Schwabero's MEI restricted stock units vest?

The 9,186 restricted stock units will vest 33% on September 22, 2027, 33% on September 22, 2028 and 34% on September 22, 2029.

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^*

SCHWABERO MARK D

(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		160.14(1)	A	$14.72	47,302.77	I	In Deferred Comp. Plan
Common Stock								6,000	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 Mark Schwabero	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)