Methode Electronics (NYSE: MEI) director adds phantom stock via deferred plan

Rhea-AI Filing Summary

METHODE ELECTRONICS INC director Mark D. Schwabero received an automatic credit of 432.1500 phantom stock units on January 31, 2026. The footnote explains these are theoretical common share equivalents credited under the company’s Nonqualified Deferred Compensation Plan through its dividend reinvestment feature, so this is a non-cash, compensation-related acquisition rather than an open-market trade.

After this credit, Schwabero indirectly holds 46,845.8600 phantom stock units in the deferred compensation plan and directly holds 6,000.0000 shares of common stock. The filing does not show any common stock purchases or sales, indicating routine adjustments to his deferred compensation balance rather than a change in his direct equity position.

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

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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^*

SCHWABERO MARK D

(Last) (First) (Middle)

25650 W 11 MILE RD

(Street)

SOUTHFIELD MI 48034

(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)
01/31/2026

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
Phantom Stock	01/31/2026		A		432.15(1)	A	$5.37	46,845.86	I	In Deferred Comp. Plan
Common Stock								6,000	D

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. 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.

	/s/ Kerry Vyverberg as attorney-in-fact for Mark Schwabero	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** 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.
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FAQ

What did Methode Electronics (MEI) director Mark D. Schwabero report in this Form 4?

Mark D. Schwabero reported an automatic credit of 432.1500 phantom stock units. These units were added under Methode Electronics’ Nonqualified Deferred Compensation Plan through its dividend reinvestment feature, reflecting a routine compensation-related adjustment instead of an open-market stock purchase or sale.

Is the 432.1500 phantom stock in MEI a stock purchase by the director?

No, the 432.1500 phantom stock units are not an open-market purchase. They were credited automatically as theoretical common share equivalents under a dividend reinvestment feature in Methode Electronics’ Nonqualified Deferred Compensation Plan, making this a non-cash, compensation-linked accrual.

How many phantom stock units does Mark D. Schwabero hold after this MEI transaction?

After the transaction, Mark D. Schwabero holds 46,845.8600 phantom stock units indirectly. These units are maintained within Methode Electronics’ Nonqualified Deferred Compensation Plan and represent theoretical common share equivalents rather than directly owned, freely tradable common stock.

How many MEI common shares does Mark D. Schwabero directly own after this Form 4?

Following the reported activity, Mark D. Schwabero directly owns 6,000.0000 shares of Methode Electronics common stock. This figure is disclosed as a holding entry, with no associated common stock purchase or sale reported in the transaction data for the same date.

Does this MEI Form 4 show any insider buying or selling of common stock?

The Form 4 does not show any common stock buying or selling. It records a grant-type acquisition of phantom stock via dividend reinvestment in the deferred compensation plan and lists a direct holding of 6,000.0000 common shares without a corresponding trade.

What is the nature of ownership for the MEI phantom stock reported by Mark D. Schwabero?

The phantom stock is held indirectly in a deferred compensation plan. The filing labels the ownership as “In Deferred Comp. Plan,” indicating the units are part of Methode Electronics’ Nonqualified Deferred Compensation Plan rather than directly owned common shares in a brokerage account.