STOCK TITAN

Methode Electronics (MEI) SVP reports 8,157-share tax withholding disposition

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

METHODE ELECTRONICS INC executive Lars Ullrich, SVP Global Automotive Business, reported a disposition of 8,157 shares of common stock on 2026-08-08 at $16.67 per share. According to the footnote, these shares were withheld to satisfy tax obligations related to vesting of restricted stock units. Following this, he directly holds 83,604 shares, and an additional 15,150 shares are held indirectly through a joint account with his spouse.

Positive

  • None.

Negative

  • None.
Insider Ullrich Lars
Role SVP Global Automotive Business
Type Security Shares Price Value
Disposition Common Stock F1 8,157 $16.67 $136K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 83,604 shares (Direct); Common Stock — 15,150 shares (Indirect, Joint account with spouse)
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 to issuer 8,157 shares Shares withheld on 2026-08-08 to satisfy tax obligations on RSU vesting
Implied value per share $16.67 per share Value applied to 8,157-share disposition to issuer
Direct holdings after transaction 83,604 shares Common stock directly owned by Lars Ullrich following the disposition
Indirect holdings after transaction 15,150 shares Common stock held in a joint account with spouse after the transaction
Disposition to issuer financial
"The transaction code description is listed as "Disposition to issuer""
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.
Joint account with spouse financial
"nature_of_ownership is described as "Joint account with spouse""

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider transaction did MEI executive Lars Ullrich report on this Form 4?

Lars Ullrich reported a disposition of 8,157 shares of Methode Electronics common stock on 2026-08-08, at a value of $16.67 per share, categorized as a Disposition to issuer.

Why were 8,157 MEI shares disposed of by Lars Ullrich on 2026-08-08?

The 8,157 shares were not an open-market sale; they were withheld to satisfy tax obligations arising from the vesting of restricted stock units, as disclosed in the transaction footnote.

How many MEI shares does Lars Ullrich hold after the reported Form 4 transaction?

After the reported tax-withholding disposition, Lars Ullrich directly holds 83,604 shares of Methode Electronics common stock and indirectly holds 15,150 shares through a joint account with his spouse.

What was the implied price per share for Lars Ullrich’s MEI share disposition?

The shares withheld for taxes were valued at $16.67 per share. This price applies to the 8,157 shares disposed of to the issuer in connection with the RSU vesting event.

Does the Form 4 for MEI indicate any planned trading under Rule 10b5-1?

The filing’s Rule 10b5-1 checkbox is not affirmed, and the footnote describes the transaction as shares withheld for tax obligations, not as trades executed under a pre-arranged trading plan.
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*
Ullrich Lars

(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)
SVP Global Automotive Business
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 Stock08/08/2026D8,157(1)D$16.6783,604D
Common Stock15,150IJoint account with spouse
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 Lars Ullrich08/10/2026
** 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)