Methode Electronics (MEI) CFO has 11,268 shares withheld to cover RSU taxes
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 Trade Summary
Net Seller: 11,268 shares
Net Sell
1 txn
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)
- F1. Represents shares withheld to satisfy the reporting person's tax obligations associated with the vesting of restricted stock units.
Key Figures
Shares disposed (withheld for taxes): 11,268 shares
Reference price per share: $16.67 per share
Shares held after transaction: 149,436 shares
3 metrics
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
Key Terms
disposition to issuer, restricted stock units, withheld to satisfy tax obligations
3 terms
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.
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.
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.