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Methode Electronics (MEI) CFO has 11,268 shares withheld to cover RSU taxes

(High)
(Neutral)
Form Type
4

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.

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Insights

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Insider Kowalchik Laura Michele
Role Chief Financial Officer
Type Security Shares Price Value
Disposition Common Stock F1 11,268 $16.67 $188K
Holdings After Transaction: Common Stock — 149,436 shares (Direct)
Footnotes (1)
  1. F1. Represents shares withheld to satisfy the reporting person's tax obligations associated with the vesting of restricted stock units.
Shares disposed (withheld for taxes) 11,268 shares Common stock withheld on 2026-08-08 to satisfy tax obligations from RSU vesting
Reference price per share $16.67 per share Price associated with the 11,268-share disposition to the issuer
Shares held after transaction 149,436 shares Directly owned Methode Electronics common stock after the reported transaction
disposition to issuer financial
"The transaction is classified as a disposition to issuer of common stock."
restricted stock units financial
"Tax obligations associated with the vesting of restricted stock units."
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.
withheld to satisfy tax obligations financial
"Represents shares withheld to satisfy the reporting person's tax obligations."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Methode Electronics (MEI) report for CFO Laura Kowalchik?

Methode Electronics reported that CFO Laura Michele Kowalchik had 11,268 shares of common stock withheld on 2026-08-08 as a disposition to the issuer to cover tax obligations from restricted stock unit vesting.

Was the MEI CFO’s Form 4 transaction an open-market sale of shares?

No. The 11,268 shares reported for CFO Laura Kowalchik were withheld to satisfy tax obligations tied to vesting restricted stock units, not sold in an open-market transaction, and are classified as a disposition to the issuer.

At what price were the MEI shares withheld in the CFO’s Form 4 filing?

The reported disposition for CFO Laura Kowalchik used a reference price of $16.67 per share for the 11,268 shares withheld to cover taxes related to the vesting of restricted stock units on 2026-08-08.

How many Methode Electronics (MEI) shares does the CFO hold after this tax-withholding event?

After the 11,268-share tax-withholding disposition, CFO Laura Kowalchik directly holds 149,436 shares of Methode Electronics common stock, as reported in the Form 4 following the 2026-08-08 transaction.

Is the MEI CFO’s Form 4 transaction under a Rule 10b5-1 trading plan?

The filing indicates the Rule 10b5-1 checkbox is not affirmed. The reported transaction reflects shares withheld for tax obligations on restricted stock unit vesting, rather than a pre-arranged trading plan sale.
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*
Kowalchik Laura Michele

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/08/2026
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
Common Stock08/08/2026D11,268(1)D$16.67149,436D
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. Represents shares withheld to satisfy the reporting person's tax obligations associated with the vesting of restricted stock units.
/s/ Kerry Vyverberg as attorney-in-fact for Laura Michele Kowalchik08/10/2026
** 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)