Methode Electronics CFO reports tax-withheld shares
Methode Electronics Inc. reported that Chief Financial Officer Laura Michele Kowalchik disposed of 11,268 shares of common stock on 2026-08-08 in a transaction classified as a disposition to the issuer at $16.67 per share.
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Rhea-AI Filing Summary
Methode Electronics Inc. reported that Chief Financial Officer Laura Michele Kowalchik disposed of 11,268 shares of common stock on 2026-08-08 in a transaction classified as a disposition to the issuer at $16.67 per share. According to the company’s disclosure, these shares were withheld to satisfy tax obligations arising from the vesting of restricted stock units, rather than being sold in the open market. Following this withholding, Kowalchik directly holds 149,436 shares of Methode Electronics common stock.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1 | 11,268 | $16.67 | $188K |
Footnotes (1)
- F1. Represents shares withheld to satisfy the reporting person's tax obligations associated with the vesting of restricted stock units.
Key Figures
Key Terms
disposition to issuer financial
restricted stock units financial
withheld to satisfy tax obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Methode Electronics (MEI) report for CFO Laura Kowalchik?
Is the MEI CFO’s Form 4 transaction under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.