Methode director credited with phantom stock units
LINDSEY MARY A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
LINDSEY MARY A reported acquisition or exercise transactions in this Form 4 filing.
Methode Electronics director Mary A. Lindsey received an automatic credit of 289.57 phantom stock units on January 31, 2026. The footnote explains these are theoretical common shares credited through the dividend reinvestment feature of the company’s Nonqualified Deferred Compensation Plan, so this is a compensation-related accrual rather than an open-market trade.
After this credit, Lindsey holds 31,389.33 phantom stock units indirectly in the deferred compensation plan and 25,970 shares of common stock directly. The filing reflects routine deferred compensation activity, with no open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 289.57 | $5.37 | $2K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The amount shown reflects additional theoretical common shares (i.e., phantom stock) which were credited pursuant to the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan.
FAQ
What insider transaction did Methode Electronics (MEI) report for Mary A. Lindsey?
What is phantom stock in the Methode Electronics (MEI) Form 4 filing?
How many phantom stock units does Mary A. Lindsey hold after this MEI transaction?
Does the Methode Electronics (MEI) Form 4 show any open-market stock purchases or sales?
Is the phantom stock credited to Mary A. Lindsey in MEI’s filing part of a deferred compensation plan?
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