MEI CFO Withholds 14,012 Shares; Beneficial Ownership 160,704
Laura Michele Kowalchik, Chief Financial Officer of Methode Electronics Inc. (MEI), reported a transaction dated 10/01/2025 on Form 4.
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.
FAQ
What did MEI CFO Laura Kowalchik report on Form 4?
Does the Form 4 disclose any derivative securities for the reporting person?
Who signed the Form 4 and when?
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