[Form 4] METHODE ELECTRONICS INC Insider Trading Activity
David P. Blom, a director of Methode Electronics, Inc. (MEI), filed a Form 4 disclosing transactions dated 09/16/2025. The filing lists a disposition of 37,531 shares of Common Stock (code D) and, on the same date, a grant of 18,543 shares (code A) at a price of $8. The 18,543 shares are reported as indirectly owned in trust and the filing states the award was made under the Methode Electronics, Inc. 2022 Omnibus Incentive Plan with immediate vesting. Following the reported transactions, the beneficial ownership reported for the newly granted shares is 18,543 (indirect).
- Immediate-vesting equity award: 18,543 shares granted under the 2022 Omnibus Incentive Plan with immediate vesting
- Timely disclosure: Form 4 filed and signed by attorney-in-fact, showing compliance with Section 16 reporting
- Clear post-transaction ownership: 18,543 shares reported as indirectly owned in trust
- Large disposition reported: 37,531 shares marked as disposed (code D), with no explanation of purpose in this filing
- Limited context: The form does not explain reasons for the disposition or whether it affects ongoing insider ownership strategy
Insights
TL;DR Director Blom received an immediate-vesting equity award of 18,543 shares and reported a larger disposition of 37,531 shares on 09/16/2025.
The Form 4 shows routine insider equity activity: a stock award under the 2022 Omnibus Incentive Plan that vested immediately and is held indirectly in trust, increasing reported indirect holdings by 18,543 shares. The filing also records a disposition of 37,531 shares (code D). The disclosure is straightforward and provides clear post-transaction beneficial ownership for the granted shares but does not detail the reason or destination for the disposed shares.
TL;DR The disclosure demonstrates timely reporting of director compensation via equity and a concurrent large share disposition.
The Form 4 documents compliance with Section 16 reporting by showing both a grant and a disposition. The immediate vesting of the award under the company omnibus plan is notable for governance reporting because it creates immediate economic exposure. The report clearly states the 18,543 shares are held indirectly in trust. The filing does not provide context for the 37,531-share disposition, so governance implications (e.g., estate planning, sale) cannot be determined from this form alone.