MEI Form 4: 78,310 RSUs Awarded to CFO with 3-Year Vesting
Rhea-AI Filing Summary
Laura Michele Kowalchik, Chief Financial Officer of Methode Electronics (MEI), was granted 78,310 restricted stock units (RSUs) under the company's 2022 Omnibus Incentive Plan on 08/08/2025. The award carries no cash price and will vest in three equal installments, with one-third vesting on each of the first, second and third anniversaries of the award date. After the grant, her reported beneficial ownership of common stock is 174,716 shares, shown as direct ownership. The filing records a routine executive equity grant and shows no derivative transactions.
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Insights
TL;DR: A standard executive equity award of 78,310 RSUs with a three-year vesting schedule; reported as direct ownership.
The Form 4 discloses a non-cash grant of 78,310 restricted stock units to the company's CFO under the 2022 Omnibus Incentive Plan. The grant vests in three equal installments over three years, which is explicitly stated in the filing. The report shows the CFO's beneficial ownership increased to 174,716 shares. No derivative instruments were reported in Table II.
TL;DR: Insider received 78,310 RSUs (price $0); total direct beneficial ownership reported as 174,716 shares after grant.
The filing documents an acquisition-type transaction coded as an award of restricted stock units: 78,310 RSUs were granted at no cash price and are scheduled to vest one-third annually. The report lists the post-transaction beneficial ownership as 174,716 shares held directly. The filing includes no exercised options, sales, or derivative positions.
FAQ
What transaction did MEI CFO Laura Kowalchik report on Form 4?
How will the 78,310 RSUs vest?
How many shares does Laura Kowalchik beneficially own after the grant?
Was any cash paid for the RSU grant?
Are there any derivative securities reported in this filing for MEI (Form 4)?