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Methode Electronics awards director 9,186 stock units

The award is scheduled to vest in full on the date of the company's 2027 annual meeting of shareholders.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

METHODE ELECTRONICS INC (symbol: MEI) is the issuer of record for a Form 4 filing submitted to the SEC. SCHWABERO MARK D reported acquisition or exercise transactions in this Form 4 filing.

METHODE ELECTRONICS INC (MEI) director Mark D. Schwabero received an award of 9,186 restricted stock units on September 22, 2026, under the company's 2026 Omnibus Incentive Plan. Each unit represents a contingent right to receive one share of Methode common stock upon vesting, and the units vest in full on the date of the company's 2027 annual meeting of shareholders. Reported post-transaction holdings include 9,186 restricted stock units, 6,000 common shares held directly, and 47,142.63 phantom stock held indirectly in the Deferred Comp. Plan. No Rule 10b5-1 plan is reported.

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Insider SCHWABERO MARK D
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2 9,186 $0.00 $0.00
holding Phantom Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 9,186 contracts (Direct); Phantom Stock — 47,142.63 shares (Indirect, In Deferred Comp. Plan); Common Stock — 6,000 shares (Direct)
Footnotes (2)
  1. F1. Each restricted stock unit represents a contingent right to receive one share of Methode common stock upon vesting, granted under the Company's 2026 Omnibus Incentive Plan.
  2. F2. The restricted stock units vest in full on the date of the Company's 2027 annual meeting of shareholders.
Restricted stock units awarded 9,186 units Awarded September 22, 2026
Common shares per restricted stock unit 1 share Contingent right upon vesting
Common shares held directly 6,000 shares Reported after the September 22, 2026 transaction
Phantom Stock held indirectly 47,142.63 In the Deferred Comp. Plan; reported after the September 22, 2026 transaction
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right"
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.
contingent right financial
"a contingent right to receive one share"
vesting financial
"The restricted stock units vest in full"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
2026 Omnibus Incentive Plan financial
"granted under the Company's 2026 Omnibus Incentive Plan"
Phantom Stock financial
"Phantom Stock"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Deferred Comp. Plan financial
"In Deferred Comp. Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many MEI restricted stock units did Mark D. Schwabero receive?

Director Mark D. Schwabero received 9,186 restricted stock units on September 22, 2026, under Methode's 2026 Omnibus Incentive Plan.

When do MEI's restricted stock units vest?

The 9,186 units vest in full on the date of the company's 2027 annual meeting of shareholders. Each unit represents a contingent right to receive one share of Methode common stock upon vesting.

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

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Learn about SEC filing dates
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*
SCHWABERO MARK D

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/22/2026
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
Phantom Stock47,142.63IIn Deferred Comp. Plan
Common Stock6,000D
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
Restricted Stock Units$009/22/2026A9,186(1) (2) (2)Common Stock0$09,186D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Methode common stock upon vesting, granted under the Company's 2026 Omnibus Incentive Plan.
2. The restricted stock units vest in full on the date of the Company's 2027 annual meeting of shareholders.
/s/ Kerry Vyverberg as attorney-in-fact for Mark Schwabero09/24/2026
** 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)

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