Methode Electronics insider Kerry Vyverberg receives 29,595 RSUs; ownership disclosed

Rhea-AI Filing Summary

Methode Electronics Inc. (MEI) reported an insider equity award for Kerry A. Vyverberg, the company's General Counsel and an officer. The filing discloses a grant of 29,595 Restricted Stock Units (RSUs) under the company’s 2022 Omnibus Incentive Plan, with the units vesting one-third on each of the first, second and third anniversaries of the award date. The transaction is recorded with a transaction date of 08/08/2025 and a reported price of $0, consistent with a compensation grant rather than an open-market purchase.

Following the award the filing lists 42,032 shares beneficially owned in a direct capacity and 15,381 shares indirectly held in a 401(k) plan. The disclosure is a routine insider compensation report documenting the RSU grant and current beneficial ownership levels.

Positive

• Granted 29,595 Restricted Stock Units under the 2022 Omnibus Incentive Plan
• Vesting schedule disclosed: one-third vests on each of the first, second and third anniversaries of the award date
• Beneficial ownership disclosed: 42,032 shares direct and 15,381 shares indirect (401(k))

Negative

• None.

Insights

Securities Analyst

TL;DR: General Counsel received 29,595 RSUs, raising reported direct beneficial ownership to 42,032 shares; impact is routine and neutral.

The Form 4 shows a non-cash compensation grant of 29,595 RSUs to Kerry Vyverberg under the 2022 Omnibus Incentive Plan, with a clear three-year vesting schedule (one-third annually). The grant price is listed as $0, indicating a standard equity award rather than a purchase. Post-transaction beneficial ownership is reported as 42,032 shares direct and 15,381 shares indirect (401(k)). For investors, this is a transparency disclosure of insider compensation and ownership; it does not, by itself, convey operational or financial performance changes.

Corporate Governance Expert

TL;DR: The RSU grant aligns management and shareholder interests via time-based vesting; disclosure is standard corporate governance practice.

The filing documents a time-vesting equity award to a senior officer, consistent with common retention and alignment practices. The one-third annual vesting schedule creates a multi-year retention incentive. The report also separates direct and indirect holdings, showing 42,032 direct shares and 15,381 indirect shares in a 401(k), which clarifies the reporting person’s total exposure to company equity. There are no red flags in the disclosure; it fulfills Section 16 reporting obligations for insider transactions.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Vyverberg Kerry A.

(Last) (First) (Middle)

8750 WEST BRYN MAWR AVENUE

SUITE 1000

(Street)

CHICAGO IL 60631

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

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
Common Stock	08/08/2025		A		29,595(1)	A	$0	42,032	D
Common Stock								15,381	I	in 401(k) Plan

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. Restricted Stock Units granted under the Company's 2022 Omnibus Incentive Plan. The Restricted Stock Units will vest 1/3 on each of the first, second and third anniversaries of the award date.

	/s/ Kerry Vyverberg	08/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did MEI report for Kerry Vyverberg?

The Form 4 reports a grant of 29,595 Restricted Stock Units (RSUs) to Kerry Vyverberg recorded on 08/08/2025.

How do the RSUs granted to MEI's General Counsel vest?

The RSUs will vest one-third on each of the first, second and third anniversaries of the award date.

What beneficial ownership does the filing show for Kerry Vyverberg after the grant?

The filing lists 42,032 shares beneficially owned directly and 15,381 shares indirectly in a 401(k) plan.

Was there a purchase price for the shares in the reported transaction?

The transaction is reported with a price of $0, indicating the RSUs were granted as compensation rather than bought.

Under which plan were the RSUs awarded to the MEI officer?

The RSUs were granted under the company’s 2022 Omnibus Incentive Plan.