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Methode Electronics (MEI) Director Awarded 18,543 Shares with Immediate Vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bruce K. Crowther, a director of Methode Electronics, Inc. (MEI), received a non-derivative stock award of 18,543 shares on 09/16/2025 under the company’s 2022 Omnibus Incentive Plan with immediate vesting. Following the grant, the filing reports Mr. Crowther beneficially owns 50,654 shares indirectly . The Form 4 was signed by an attorney-in-fact on 09/18/2025 and discloses the transaction price as $8 per share as shown on the form. The filing reports a routine, non-derivative issuance to an insider rather than a market sale or purchase.

Positive

  • Director received a stock award of 18,543 shares with immediate vesting, increasing his beneficial ownership to 50,654 shares.
  • Transaction disclosed on Form 4, providing regulatory transparency about insider compensation and ownership changes.

Negative

  • None.

Insights

TL;DR: A director received an immediate vesting stock award of 18,543 shares, increasing indirect holdings to 50,654 shares.

This Form 4 discloses a routine equity grant to a board member under the 2022 Omnibus Incentive Plan. The award vests immediately, which is relevant for governance transparency because it changes the director's beneficial ownership right away. The filing lists the shares as held indirectly in trust and shows a reported price of $8 per share. There is no indication of sales, option exercises, or derivative transactions; the event appears administrative and consistent with compensation practices for directors.

TL;DR: Insider received stock award; transaction is an acquisition, not a disposition, so it does not signal insider selling pressure.

The report documents an acquisition of 18,543 common shares for Bruce K. Crowther, increasing his reported indirect ownership to 50,654 shares. As a Form 4 disclosure, this confirms insider accumulation via company compensation rather than open‑market purchases. The immediate vesting means the director gained full beneficial interest on the transaction date. The item lacks associated cash proceeds or disposals and does not quantify the award’s value beyond the stated $8 price on the form.

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).
1. Name and Address of Reporting Person*
CROWTHER BRUCE K

(Last) (First) (Middle)
8750 WEST BRYN MAWR AVENUE
SUITE 1000

(Street)
CHICAGO IL 60631

(City) (State) (Zip)
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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 09/16/2025 A 18,543(1) A $8 50,654 I In Trust
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. Stock award granted under the terms of the Methode Electronics, Inc. 2022 Omnibus Incentive Plan with immediate vesting.
/s/ Kerry Vyverberg as attorney-in-fact for Bruce K. Crowther 09/18/2025
** 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.

FAQ

What transaction did the Form 4 for MEI report?

The Form 4 reports that Bruce K. Crowther acquired 18,543 shares of Methode Electronics common stock on 09/16/2025 under the 2022 Omnibus Incentive Plan.

How many shares does Bruce K. Crowther beneficially own after the reported transaction?

The filing shows Mr. Crowther beneficially owns 50,654 shares following the reported transaction, held indirectly .

Was the award vested immediately or subject to vesting conditions?

The explanation on the Form 4 states the stock award had immediate vesting under the 2022 Omnibus Incentive Plan.

What price is shown on the Form 4 for the reported transaction?

The Form 4 lists a price of $8 per share as shown on the form.

Who signed the Form 4 and when was it filed?

The Form 4 was signed by Kerry Vyverberg as attorney-in-fact for Bruce K. Crowther and dated 09/18/2025 on the form.
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