Methode director credited 112 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 INC director Mary A. Lindsey received an additional 112.49 phantom stock units on July 31, 2026 at $13.99 per unit. These theoretical common shares were credited through the dividend reinvestment feature of the company’s Nonqualified Deferred Compensation Plan. After this credit, she indirectly holds 31,588.18 phantom stock units in the deferred compensation plan and directly owns 25,970 common shares of Methode Electronics.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 112.49 shares
Grant/Award
2 txns
Insider
LINDSEY MARY A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock F1 | 112.49 | $13.99 | $2K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock — 31,588.18 shares (Indirect, In Deferred Comp. Plan);
Common Stock — 25,970 shares (Direct)
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.
Key Figures
Phantom stock units acquired: 112.4900 units
Phantom stock unit reference price: $13.9900 per unit
Phantom stock units after transaction: 31,588.1800 units
+1 more
4 metrics
Phantom stock units acquired
112.4900 units
Additional phantom stock credited on 2026-07-31 via dividend reinvestment
Phantom stock unit reference price
$13.9900 per unit
Reference price used for phantom stock credited on 2026-07-31
Phantom stock units after transaction
31,588.1800 units
Indirect holdings in Nonqualified Deferred Compensation Plan following the credit
Direct common stock holdings
25,970.0000 shares
Directly owned Methode Electronics common shares reported as of 2026-07-31
Key Terms
Phantom Stock, Nonqualified Deferred Compensation Plan, dividend reinvestment feature
3 terms
Phantom Stock financial
"additional theoretical common shares (i.e., phantom stock) which were credited"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Nonqualified Deferred Compensation Plan financial
"feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan"
A nonqualified deferred compensation plan is an arrangement where an employer lets select employees postpone receiving part of their pay or bonuses until a future date, often at retirement, so taxes are paid later. It matters to investors because these payouts are typically unsecured promises by the company—like an internal IOU—so they create future cash obligations and expose the company to extra liability risk if the business falters, and they also reveal how executives are being paid and motivated.
dividend reinvestment feature financial
"credited pursuant to the dividend reinvestment feature of the Methode"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Methode Electronics (MEI) report for director Mary A. Lindsey?
Mary A. Lindsey received 112.49 phantom stock units on July 31, 2026 at $13.99 per unit. These theoretical common shares were credited via the dividend reinvestment feature of Methode Electronics’ Nonqualified Deferred Compensation Plan.
How many Methode Electronics (MEI) phantom stock units does Mary A. Lindsey hold after this transaction?
Following the July 31, 2026 credit, Mary A. Lindsey holds 31,588.18 phantom stock units indirectly in a deferred compensation plan. These units represent theoretical common shares tracked under the company’s Nonqualified Deferred Compensation Plan rather than actual issued stock.
What are Mary A. Lindsey’s direct common stock holdings in Methode Electronics (MEI)?
Mary A. Lindsey directly owns 25,970 shares of common stock of Methode Electronics. This direct ownership position is reported separately from her indirect phantom stock units held within the Nonqualified Deferred Compensation Plan framework.
How were the additional phantom stock units in Methode Electronics (MEI) credited to Mary A. Lindsey?
The additional 112.49 phantom stock units were credited pursuant to the dividend reinvestment feature of Methode Electronics’ Nonqualified Deferred Compensation Plan. Instead of cash, plan dividends were reinvested into theoretical common share equivalents for her account.
Was Mary A. Lindsey’s Methode Electronics (MEI) phantom stock transaction made under a Rule 10b5-1 plan?
The transaction is not designated as being made under a Rule 10b5-1 trading plan. The related checkbox indicating that trades were effected under such a plan is not marked for this reported phantom stock credit.
AI-generated analysis. How Rhea-AI works. Not financial advice.
