Methode Electronics Insider: 14,012 Shares Withheld at $7.6
Rhea-AI Filing Summary
Laura Michele Kowalchik, Chief Financial Officer of Methode Electronics Inc. (MEI), reported a transaction dated 10/01/2025 on Form 4. The filing shows 14,012 shares of Common Stock were disposed of via withholding to satisfy tax obligations related to the vesting of restricted stock units, at a per-share price reported as $7.6. After this withholding, the reporting person beneficially owns 160,704 shares, held directly. The form is signed by an attorney-in-fact on behalf of Ms. Kowalchik on 10/03/2025. The filing provides no additional transactions, derivative holdings, or explanatory detail beyond the tax-withholding note.
Positive
- Reporting person retains 160,704 direct shares, indicating continued ownership interest
- Disposition was tax withholding for RSU vesting, not an open-market sale
Negative
- 14,012 shares were surrendered via withholding, reducing free shares available to the reporting person
Insights
CFO withheld 14,012 shares for taxes; retains 160,704 shares.
The Form 4 shows a tax-withholding disposition tied to the vesting of restricted stock units, not an open-market sale. That distinction matters because the shares were surrendered to cover tax obligations rather than representing a decision to liquidate equity holdings.
The remaining direct beneficial ownership of 160,704 shares is disclosed explicitly; the filing does not show any options, warrants, or additional derivative positions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Derivative Expiration | Common Stock | 14,012 | $7.60 | $106K |
Footnotes (1)
- F1. Represents shares withheld to satisfy the reporting person's tax obligations associated with the vesting of restricted stock units.
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