Methode Electronics (NYSE: MEI) CEO reports 7,986-share tax withholding

Rhea-AI Filing Summary

Jonathan B. DeGaynor, CEO and President of Methode Electronics, reported a Form 4 transaction involving 7,986 shares of common stock on July 15, 2026. These shares were withheld at $15.76 per share to satisfy his tax obligations upon the vesting of restricted stock units. Following the transaction, he directly holds 413,592 common shares, with additional indirect holdings through a Methode 401(k) Plan and a joint account with his spouse.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider DeGaynor Jonathan B

Role CEO and President

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	7,986	$15.76	$126K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 413,592 shares (Direct); Common Stock — 32,733 shares (Indirect, Joint account with spouse)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 7,986 shares Transaction price per share: $15.76 Direct shares owned after transaction: 413,592 shares +2 more

5 metrics

Shares withheld for taxes 7,986 shares Common stock withheld on July 15, 2026 under transaction code F

Transaction price per share $15.76 Value per share for the 7,986-share tax-withholding disposition

Direct shares owned after transaction 413,592 shares Direct common stock holdings following the July 15, 2026 event

401(k) indirect holdings 3,028 shares Indirect common stock held in the Methode 401(k) Plan

Joint account indirect holdings 32,733 shares Indirect common stock held in joint account with spouse

Key Terms

restricted stock units, tax-withholding disposition, Methode 401(k) Plan, indirect ownership

4 terms

restricted stock units financial

"tax obligations associated with the vesting of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

"transaction_action is described as tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Methode 401(k) Plan financial

"nature_of_ownership: Held in Methode 401(k) Plan"

indirect ownership financial

"ownership_type is indirect for certain holdings"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/16/2026 - 01:31 PM Accepted by SEC EDGAR 07/16/2026 - 01:30 PM Learn about SEC filing dates

FAQ

What insider transaction did MEI CEO Jonathan DeGaynor report on this Form 4?

Jonathan DeGaynor reported a tax-withholding disposition of 7,986 shares of Methode Electronics common stock. The shares were withheld at $15.76 per share to cover tax obligations related to the vesting of restricted stock units.

Was the MEI Form 4 transaction an open-market sale of shares?

No, the Form 4 reports a code F tax-withholding disposition, not an open-market sale. Shares were withheld to satisfy the reporting person’s tax obligations associated with the vesting of restricted stock units, according to the filing footnote.

How many MEI shares did Jonathan DeGaynor own directly after the Form 4 transaction?

After the reported transaction, Jonathan DeGaynor directly owned 413,592 shares of Methode Electronics common stock. This figure reflects his direct holdings following the tax-withholding disposition related to restricted stock unit vesting.

What indirect MEI shareholdings does Jonathan DeGaynor report on this Form 4?

The Form 4 lists 3,028 shares held through the Methode 401(k) Plan and 32,733 shares held in a joint account with his spouse, both reported as indirect ownership positions in Methode Electronics common stock.

What was the share price used for the MEI tax-withholding transaction?

The tax-withholding disposition of 7,986 Methode Electronics shares was reported at a price of $15.76 per share. This price is the value used in the Form 4 for the shares withheld to satisfy tax obligations on restricted stock unit vesting.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DeGaynor Jonathan B

(Last) (First) (Middle)

25650 W 11 MILE RD

(Street)

SOUTHFIELD MICHIGAN 48034

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
METHODE ELECTRONICS INC [ MEI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/15/2026		F		7,986(1)	D	$15.76	413,592	D
Common Stock								32,733	I	Joint account with spouse
Common Stock								3,028	I	Held in Methode 401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld to satisfy the reporting person's tax obligations associated with the vesting of restricted stock units.

	/s/ Kerry Vyverberg as attorney-in-fact for Jonathan B. DeGaynor	07/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)