Methode Electronics insider withholds shares for RSU tax obligations
Methode Electronics Inc. executive share filing reports a routine equity transaction by the Senior Vice President, Global Automotive Business.
Rhea-AI Filing Summary
Methode Electronics Inc. executive share filing reports a routine equity transaction by the Senior Vice President, Global Automotive Business. On 12/02/2025, 3,696 shares of Methode Electronics common stock were withheld at a price of $8.30 per share to cover the reporting person's tax obligations related to the vesting of restricted stock units. After this tax withholding, the reporting person beneficially owns 91,761 shares directly and 15,150 shares indirectly through a joint account with a spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 3,696 shares
Exercise Price or Tax Liability
2 txns
Insider
Ullrich Lars
Role
SVP Global Automotive Business
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,696 | $8.30 | $31K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 91,761 shares (Direct);
Common Stock — 15,150 shares (Indirect, Joint account with spouse)
Footnotes (1)
- F1. Represents shares withheld to satisfy the reporting person's tax obligations associated with the vesting of restricted stock units.
FAQ
What insider transaction did MEI report in this Form 4?
The filing reports that 3,696 shares of Methode Electronics Inc. common stock were withheld on 12/02/2025 to satisfy the reporting person's tax obligations from vesting restricted stock units.
Who is the reporting person in this Methode Electronics (MEI) Form 4?
The reporting person is an officer of Methode Electronics Inc., serving as SVP Global Automotive Business, with the Form 4 signed by an attorney-in-fact on their behalf.
AI-generated analysis. How Rhea-AI works. Not financial advice.