Methode Electronics officer withholds shares for taxes
METHODE ELECTRONICS INC officer Erwin John Thomas reported a disposition of 4,068 shares of common stock on 2026-08-08 at $16.67 per share.
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Rhea-AI Filing Summary
METHODE ELECTRONICS INC officer Erwin John Thomas reported a disposition of 4,068 shares of common stock on 2026-08-08 at $16.67 per share. According to the footnote, these shares were withheld by the issuer to cover the reporting person's tax withholding obligation on vested restricted stock units. Following this transaction, Thomas directly holds 54,603 common shares and indirectly holds 1,519 shares through the Methode 401(k) Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1 | 4,068 | $16.67 | $68K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Reflects the withholding of restricted stock units to cover the reporting person's tax withholding obligation.
Key Figures
Key Terms
Disposition to issuer financial
restricted stock units financial
tax withholding obligation financial
401(k) Plan financial
FAQ
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What did MEI officer Erwin John Thomas report in this Form 4?
What role does Erwin John Thomas have at Methode Electronics (MEI)?
What transaction code is used in the MEI Form 4 and what does it mean?
AI-generated analysis. How Rhea-AI works. Not financial advice.