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.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 9,186 | $0.00 | $0.00 |
| holding | Phantom Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- 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.
- F2. The restricted stock units vest in full on the date of the Company's 2027 annual meeting of shareholders.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
vesting financial
2026 Omnibus Incentive Plan financial
Phantom Stock financial
Deferred Comp. Plan financial
FAQ
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How many MEI restricted stock units did Mark D. Schwabero receive?
When do MEI's restricted stock units vest?
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