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[Form 4] METHODE ELECTRONICS INC Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Mark D. Schwabero, a director of Methode Electronics, Inc. (MEI), reported changes to his holdings related to a stock award and a sale. On 09/16/2025 he was granted 18,543 units of phantom stock under the 2022 Omnibus Incentive Plan with immediate vesting and elected to defer the award into the companys Nonqualified Deferred Compensation Plan; each phantom share represents the economic equivalent of one common share and will be paid in common stock upon distribution from the Plan. The filing also reports a disposition of 6,000 common shares. The form was signed by an attorney-in-fact on 09/18/2025.

Positive
  • 18,543 units of phantom stock were granted with immediate vesting, providing clear alignment between director compensation and company equity
  • The director elected to defer the award into the companys Nonqualified Deferred Compensation Plan, which preserves the economic interest until distribution
  • Form 4 discloses transaction dates and amounts, meeting Section 16 transparency requirements
Negative
  • Reported disposition of 6,000 common shares, which reduces the directors direct holding in the company
  • The filing contains no context on reasons for the 6,000-share disposition or the timing beyond transaction and filing dates

Insights

TL;DR: Director received a deferred, immediately-vested phantom stock award while selling 6,000 shares; disclosure is routine for insiders.

The grant of 18,543 phantom shares that vest immediately and were deferred into the company's Nonqualified Deferred Compensation Plan aligns director compensation with shareholder value without immediate dilution because the award is payable in shares upon distribution. The simultaneous reported disposition of 6,000 common shares is a material transaction for the reporting person but is disclosed here as required; the filing provides dates, amounts, and the director relationship, enabling transparency. No additional financial metrics or context are provided in this Form 4.

TL;DR: Filing properly discloses an award deferral and a share disposition; it appears compliant and informational.

The Form 4 identifies the reporter as a director, specifies the 09/16/2025 transaction date, and includes the explanatory note that phantom stock equals one common share and is payable in shares on distribution. The filing includes the directors election into the deferred compensation plan and a signed submission date of 09/18/2025. The document contains the key elements required by Section 16 reporting: transaction types, amounts, and ownership form. There is no additional company-level financial data in this filing.

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).
1. Name and Address of Reporting Person*
SCHWABERO MARK D

(Last) (First) (Middle)
8750 WEST BRYN MAWR AVENUE
SUITE 1000

(Street)
CHICAGO IL 60631

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 09/16/2025 A 18,543(1) A $8 46,071.42 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
Explanation of Responses:
1. Stock award granted pursuant to the Methode Electronics, Inc. 2022 Omnibus Incentive Plan with immediate vesting. The director elected to defer the award pursuant to the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan (the "Plan"). Each share of phantom stock represents the economic equivalent of one share of the Company's common stock. The phantom stock is payable in shares of the Company's common stock upon distribution from the Plan.
/s/ Kerry Vyverberg as attorney-in-fact for Mark Schwabero 09/18/2025
** 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.

FAQ

What did MEI director Mark D. Schwabero report on Form 4?

He reported a grant of 18,543 phantom stock units (immediately vested and deferred into the companys Nonqualified Deferred Compensation Plan) and a disposition of 6,000 common shares with a transaction date of 09/16/2025.

What is a phantom stock unit in this filing for MEI?

The filing explains each phantom stock unit represents the economic equivalent of one share of common stock and is payable in shares upon distribution from the deferred compensation plan.

When were the transactions and when was the Form 4 signed?

The earliest transaction date reported is 09/16/2025 and the Form 4 was signed by an attorney-in-fact on 09/18/2025.

What relationship does the reporting person have to MEI?

The reporting person, Mark D. Schwabero, is identified as a Director of Methode Electronics, Inc.

Was the phantom stock award vested or subject to future vesting?

The explanation explicitly states the stock award had immediate vesting and the director elected to defer it into the Plan.
Methode Ele

NYSE:MEI

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MEI Stock Data

228.91M
33.91M
3.57%
93.36%
3.96%
Electronic Components
Electronic Connectors
Link
United States
CHICAGO