Methode Electronics director receives 9,186 stock units
The units vest in full on the date of Methode's 2027 annual meeting of shareholders.
Rhea-AI Filing Summary
Methode Electronics Inc. director Bruce K. Crowther acquired 9,186 restricted stock units on September 22, 2026, as a grant under the company's 2026 Omnibus Incentive Plan. Each unit represents a contingent right to receive one share of Methode common stock upon vesting, and the units vest in full on the date of the company's 2027 annual meeting of shareholders. A separate holding entry lists 50,654 common shares held indirectly in trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 9,186 shares
Grant/Award
2 txns
Insider
CROWTHER BRUCE K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 9,186 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 9,186 contracts (Direct);
Common Stock — 50,654 shares (Indirect, In Trust)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Methode common stock upon vesting, granted under the Company's 2026 Omnibus Incentive Plan.
- F2. The restricted stock units vest in full on the date of the Company's 2027 annual meeting of shareholders.
Key Figures
Restricted stock units acquired: 9,186 units
Restricted stock units following transaction: 9,186 units
Common shares held in trust: 50,654 shares
+2 more
5 metrics
Restricted stock units acquired
9,186 units
Grant on September 22, 2026
Restricted stock units following transaction
9,186 units
As of September 22, 2026
Common shares held in trust
50,654 shares
Indirect holding listed as of September 22, 2026
Reported transaction price
$0.0000 per share
September 22, 2026 restricted stock unit grant
Common shares represented by each restricted stock unit
1 share
Contingent right upon vesting
Key Terms
Restricted Stock Units, vesting, Omnibus Incentive Plan, contingent right
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
vesting financial
"The restricted stock units vest in full on the date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Omnibus Incentive Plan financial
"granted under the Company's 2026 Omnibus Incentive Plan"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
contingent right financial
"represents a contingent right to receive one share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many RSUs did MEI director Bruce K. Crowther acquire?
Bruce K. Crowther acquired 9,186 restricted stock units on September 22, 2026, as a grant under the company's 2026 Omnibus Incentive Plan. No Rule 10b5-1 plan is reported for the grant.
When do Bruce K. Crowther's MEI restricted stock units vest?
The 9,186 restricted stock units vest in full on the date of Methode Electronics Inc.'s 2027 annual meeting of shareholders. Each unit is a contingent right to receive one share of Methode common stock upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.