Methode (MEI) Director Transaction: 6,500 Sold; Deferred-Comp Phantom Added

Rhea-AI Filing Summary

Form 4 overview: Darren M. Dawson, a Director of Methode Electronics, Inc. (MEI), reported transactions on a Form 4 with an earliest transaction date of 08/01/2025. The filing shows 301.09 theoretical (phantom) common shares credited under the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan via the dividend reinvestment feature, with a reported price of $6.33 and a reported beneficial ownership figure of 27,528.42 (listed as indirect ownership in the deferred comp plan).

The filing also records a disposition of 6,500 common shares (Table I lists 6,500 as a disposition). The form is signed by attorney-in-fact Kerry Vyverberg for Darren M. Dawson, dated 08/04/2025. Table II shows no derivative transactions. The explanation clarifies the phantom shares were credited pursuant to the dividend reinvestment feature of the Nonqualified Deferred Compensation Plan.

Positive

• 301.09 phantom shares were credited under the Nonqualified Deferred Compensation Plan via dividend reinvestment, as explicitly reported
• Form is executed and dated (08/04/2025) and identifies the reporting person (Darren M. Dawson), satisfying filing formalities

Negative

• Table I records a disposition of 6,500 common shares but the table does not specify a transaction price or an explicit transaction date for that line
• The filing does not state whether the common-stock disposition was part of a 10b5-1 plan or provide additional context to assess materiality

Insights

Financial Analyst

TL;DR: Routine director sale and deferred-comp phantom share credit; appears administrative and not immediately material absent further context.

The filing documents two basic items: crediting of 301.09 phantom shares via dividend reinvestment in the company Nonqualified Deferred Compensation Plan and a disposition of 6,500 common shares. These are standard Section 16 reporting items. Without price or date detail for the common-stock disposition in the table, investors cannot assess proceeds or whether the sale was part of a plan. The reported phantom-share credit is non-cash, recorded as indirect beneficial ownership in the deferred-compensation plan.

Corporate Governance Expert

TL;DR: Director participation in deferred-comp plan and a reported sale; file is procedural but warrants monitoring for trading pattern.

The report identifies Darren M. Dawson as a Director and discloses participation in the Nonqualified Deferred Compensation Plan via credited phantom shares (301.09) and a reported disposition of 6,500 common shares. The explanation itemizes the phantom-share credit as dividend reinvestment. The filing is signed by an attorney-in-fact on 08/04/2025. Governance review would note the sale quantity and absence of price/date detail for the common-stock line in the table, so further transparency (e.g., transaction price or whether sale was pursuant to a 10b5-1 plan) is not provided in this form.

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

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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^*

Dawson Darren

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

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
Phantom Stock	08/01/2025		A(1)		301.09	A	$6.33	27,528.42	I	In Deferred Comp. Plan
Common Stock								6,500	D

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. 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.

	/s/ Kerry Vyverberg as attorney-in-fact for Darren M. Dawson	08/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did Darren M. Dawson report on the Form 4 for MEI?

He reported 301.09 phantom shares credited under the Nonqualified Deferred Compensation Plan (dividend reinvestment) and a disposition of 6,500 common shares.

What is the reported transaction date on the Form 4?

The form lists an earliest transaction date of 08/01/2025; the form is signed on 08/04/2025 by attorney-in-fact Kerry Vyverberg.

How many phantom shares were credited and at what price?

The filing shows 301.09 phantom shares credited at a reported price of $6.33, with a reported beneficial ownership figure of 27,528.42 (indirect).

What is Darren M. Dawson 's relationship to MEI?

The filing identifies him as a Director of Methode Electronics, Inc.

Are there any derivative securities reported in this Form 4?

No. Table II lists no derivative securities acquired, disposed of, or beneficially owned in this filing.