Methode Electronics awards Ullrich 27,625 stock units
The award vests 33% on September 22, 2027, 33% on September 22, 2028, and 34% on September 22, 2029.
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Rhea-AI Filing Summary
Methode Electronics Inc. (MEI) reported that Lars Ullrich, SVP Global Automotive Business, acquired 27,625 restricted stock units on September 22, 2026, under its 2026 Omnibus Incentive Plan. Each unit represents a contingent right to receive one common share upon vesting. Reported positions after the award included 27,625 restricted stock units, 83,604 common shares held directly, and 15,150 common shares held indirectly in a joint account with his spouse.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 27,625 | $0.00 | $0.00 |
| Holding | Common 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 will vest 33% on 9/22/27; 33% on 9/22/28; and 34% on 9/22/29.
Key Figures
Key Terms
restricted stock unit financial
contingent right financial
2026 Omnibus Incentive Plan financial
FAQ
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How many MEI restricted stock units did Lars Ullrich receive?
When do Lars Ullrich's MEI restricted stock units vest?
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