Methode Electronics CEO gets 155,840 stock units
The awards have separate vesting schedules: one vests in full on the fifth anniversary, while the other vests in installments through 2029.
Rhea-AI Filing Summary
METHODE ELECTRONICS INC (symbol: MEI) is the issuer of record for a Form 4 filing submitted to the SEC. DeGaynor Jonathan B reported acquisition or exercise transactions in this Form 4 filing.
METHODE ELECTRONICS INC (MEI) CEO and President Jonathan B. DeGaynor received two restricted stock unit awards on September 22, 2026. The 15,000-unit award, granted under the 2026 Omnibus Incentive Plan, represents a contingent right to one common share per unit upon vesting and vests in full on the fifth anniversary of grant. The 155,840-unit award vests 33% on September 22, 2027, 33% on September 22, 2028, and 34% on September 22, 2029. No Rule 10b5-1 plan is reported.
As of September 22, 2026, reported common-stock holdings were 366,324 shares directly, 32,733 shares in a joint account with his spouse, and 1,987 shares held in the Methode 401(k) Plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 15,000 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F3 | 155,840 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of Methode common stock upon vesting, granted under the Company's 2026 Omnibus Incentive Plan.
- F2. The restricted stock units vest in full on the fifth anniversary of the grant date.
- F3. The Restricted Stock Units will vest 33% on 9/22/27; 33% on 9/22/28; and 34% on 9/22/29.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
2026 Omnibus Incentive Plan financial
FAQ
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How many RSUs did MEI's CEO receive?
Were MEI's CEO's RSU awards made under a Rule 10b5-1 plan?
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