STOCK TITAN

[Form 4] Methode Electronics Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Lars Ullrich, SVP Global Automotive Business at Methode Electronics (MEI), was granted 56,689 restricted stock units (RSUs) on 08/08/2025 under the companys 2022 Omnibus Incentive Plan. The award is structured to vest in three equal installments, with one-third vesting on each of the first, second and third anniversaries of the grant date.

Following the reported award, the filing shows 95,457 shares beneficially owned directly and 15,150 shares held indirectly via a joint account with his spouse. The disclosure is a routine executive equity compensation grant and specifies the restricted nature and multi-year vesting of the shares.

Lars Ullrich, Senior Vice President del settore Automotive globale presso Methode Electronics (MEI), ha ricevuto 56,689 unità di azioni vincolate (RSU) l'08/08/2025 nell'ambito del Piano Omnibus Incentivi 2022 dell'azienda. L'assegnazione è strutturata per maturare in tre tranche uguali, con un terzo che matura al primo, al secondo e al terzo anniversario della data di concessione.

A seguito dell'assegnazione segnalata, il deposito indica 95,457 azioni possedute direttamente e 15,150 azioni detenute indirettamente tramite un conto congiunto con sua moglie. La comunicazione è una concessione ordinaria di compensi azionari per dirigenti e specifica la natura vincolata e la maturazione pluriennale delle azioni.

Lars Ullrich, vicepresidente senior (SVP) del Global Automotive Business en Methode Electronics (MEI), recibió 56,689 unidades de acciones restringidas (RSU) el 08/08/2025 bajo el Plan Omnibus de Incentivos 2022 de la compañía. La concesión está estructurada para devengar en tres pagos iguales, con un tercio que devenga en cada uno del primer, segundo y tercer aniversario de la fecha de concesión.

Tras la adjudicación informada, el expediente muestra 95,457 acciones poseídas directamente y 15,150 acciones mantenidas indirectamente a través de una cuenta conjunta con su cónyuge. La divulgación es una concesión rutinaria de compensación accionaria para ejecutivos y especifica la naturaleza restringida y el devengo plurianual de las acciones.

Lars Ullrich는 Methode Electronics(MEI)의 글로벌 자동차 사업 부문 수석 부사장(SVP)으로, 08/08/2025에 회사의 2022년 Omnibus 인센티브 플랜에 따라 56,689개의 제한부 주식 단위(RSU)를 부여받았습니다. 해당 수여는 세 번의 동일한 분할로 베스팅되도록 구성되어 있으며, 부여일의 첫 번째, 두 번째, 세 번째 기념일 각각에 1/3씩 베스팅됩니다.

보고된 수여 이후 제출 문서에는 직접적으로 소유한 95,457주와 배우자와의 공동 계좌를 통해 간접 보유한 15,150주가 기재되어 있습니다. 이 공시는 경영진 주식 보상 수여의 일상적인 공개로, 주식의 제한적 성격과 다년간에 걸친 베스팅을 명시하고 있습니다.

Lars Ullrich, SVP Global Automotive Business chez Methode Electronics (MEI), s'est vu attribuer le 56,689 unités d'actions restreintes (RSU) le 08/08/2025 dans le cadre du Plan Omnibus d'incitation 2022 de la société. L'attribution est structurée pour être acquise en trois versements égaux, un tiers venant à échéance à chacun du premier, du deuxième et du troisième anniversaire de la date d'attribution.

Suite à cette attribution, le dépôt indique 95,457 actions détenues directement et 15,150 actions détenues indirectement via un compte joint avec son conjoint. La divulgation constitue une attribution routinière de rémunération en actions pour un dirigeant et précise le caractère restreint ainsi que la période d'acquisition pluriannuelle des actions.

Lars Ullrich, SVP Global Automotive Business bei Methode Electronics (MEI), erhielt am 08.08.2025 56,689 Restricted Stock Units (RSUs) im Rahmen des Omnibus-Incentive-Plans 2022 des Unternehmens. Die Zuteilung ist so strukturiert, dass sie in drei gleichen Tranchen fällig wird, wobei jeweils ein Drittel am ersten, zweiten und dritten Jahrestag der Zuteilung anfällt.

Nach der gemeldeten Zuteilung weist die Einreichung 95,457 direkt wirtschaftlich gehaltene Aktien und 15,150 Aktien aus, die indirekt über ein gemeinsames Konto mit seiner Ehefrau gehalten werden. Die Offenlegung ist eine routinemäßige Gewährung von Aktienvergütung an Führungskräfte und weist auf die beschränkte Natur sowie die mehrjährige Fälligkeitsstruktur der Aktien hin.

Positive
  • 56,689 RSUs granted under the 2022 Omnibus Incentive Plan, aligning executive compensation with shareholder value
  • Time-based vesting (one-third on each of the first, second and third anniversaries) which phases executive economic exposure
  • Clear ownership disclosure: 95,457 shares directly beneficially owned and 15,150 shares indirectly (joint account with spouse)
Negative
  • None.

Insights

TL;DR: Executive awarded 56,689 RSUs, increasing direct beneficial ownership to 95,457; routine compensation with multi-year vesting.

The grant of 56,689 RSUs is a compensation event rather than an open-market purchase or sale. Because the RSUs vest one-third annually, the economic exposure is phased over three years, limiting immediate dilution and short-term liquidity impact. The filing reports 95,457 shares directly beneficially owned and 15,150 indirectly via a joint account, which clarifies total reported positions without indicating any disposition. For investors, this is a standard officer equity award that aligns management with shareholder interests over a multi-year period.

TL;DR: RSU grant follows the 2022 Omnibus Incentive Plan with time-based vesting; disclosure is consistent and complete for a Form 4.

The filing identifies the reporting person as an officer (SVP Global Automotive Business) and documents a time-based restricted stock unit grant under the companys omnibus plan, with explicit vesting terms (one-third each anniversary). The report also discloses indirect ownership (15,150 shares in a joint account), which is important for transparency around related-party holdings. This appears to be a routine governance disclosure of executive compensation; no departures from typical equity award disclosures are evident in the form content provided.

Lars Ullrich, Senior Vice President del settore Automotive globale presso Methode Electronics (MEI), ha ricevuto 56,689 unità di azioni vincolate (RSU) l'08/08/2025 nell'ambito del Piano Omnibus Incentivi 2022 dell'azienda. L'assegnazione è strutturata per maturare in tre tranche uguali, con un terzo che matura al primo, al secondo e al terzo anniversario della data di concessione.

A seguito dell'assegnazione segnalata, il deposito indica 95,457 azioni possedute direttamente e 15,150 azioni detenute indirettamente tramite un conto congiunto con sua moglie. La comunicazione è una concessione ordinaria di compensi azionari per dirigenti e specifica la natura vincolata e la maturazione pluriennale delle azioni.

Lars Ullrich, vicepresidente senior (SVP) del Global Automotive Business en Methode Electronics (MEI), recibió 56,689 unidades de acciones restringidas (RSU) el 08/08/2025 bajo el Plan Omnibus de Incentivos 2022 de la compañía. La concesión está estructurada para devengar en tres pagos iguales, con un tercio que devenga en cada uno del primer, segundo y tercer aniversario de la fecha de concesión.

Tras la adjudicación informada, el expediente muestra 95,457 acciones poseídas directamente y 15,150 acciones mantenidas indirectamente a través de una cuenta conjunta con su cónyuge. La divulgación es una concesión rutinaria de compensación accionaria para ejecutivos y especifica la naturaleza restringida y el devengo plurianual de las acciones.

Lars Ullrich는 Methode Electronics(MEI)의 글로벌 자동차 사업 부문 수석 부사장(SVP)으로, 08/08/2025에 회사의 2022년 Omnibus 인센티브 플랜에 따라 56,689개의 제한부 주식 단위(RSU)를 부여받았습니다. 해당 수여는 세 번의 동일한 분할로 베스팅되도록 구성되어 있으며, 부여일의 첫 번째, 두 번째, 세 번째 기념일 각각에 1/3씩 베스팅됩니다.

보고된 수여 이후 제출 문서에는 직접적으로 소유한 95,457주와 배우자와의 공동 계좌를 통해 간접 보유한 15,150주가 기재되어 있습니다. 이 공시는 경영진 주식 보상 수여의 일상적인 공개로, 주식의 제한적 성격과 다년간에 걸친 베스팅을 명시하고 있습니다.

Lars Ullrich, SVP Global Automotive Business chez Methode Electronics (MEI), s'est vu attribuer le 56,689 unités d'actions restreintes (RSU) le 08/08/2025 dans le cadre du Plan Omnibus d'incitation 2022 de la société. L'attribution est structurée pour être acquise en trois versements égaux, un tiers venant à échéance à chacun du premier, du deuxième et du troisième anniversaire de la date d'attribution.

Suite à cette attribution, le dépôt indique 95,457 actions détenues directement et 15,150 actions détenues indirectement via un compte joint avec son conjoint. La divulgation constitue une attribution routinière de rémunération en actions pour un dirigeant et précise le caractère restreint ainsi que la période d'acquisition pluriannuelle des actions.

Lars Ullrich, SVP Global Automotive Business bei Methode Electronics (MEI), erhielt am 08.08.2025 56,689 Restricted Stock Units (RSUs) im Rahmen des Omnibus-Incentive-Plans 2022 des Unternehmens. Die Zuteilung ist so strukturiert, dass sie in drei gleichen Tranchen fällig wird, wobei jeweils ein Drittel am ersten, zweiten und dritten Jahrestag der Zuteilung anfällt.

Nach der gemeldeten Zuteilung weist die Einreichung 95,457 direkt wirtschaftlich gehaltene Aktien und 15,150 Aktien aus, die indirekt über ein gemeinsames Konto mit seiner Ehefrau gehalten werden. Die Offenlegung ist eine routinemäßige Gewährung von Aktienvergütung an Führungskräfte und weist auf die beschränkte Natur sowie die mehrjährige Fälligkeitsstruktur der Aktien hin.

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*
Ullrich Lars

(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)
SVP Global Automotive Business
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 56,689(1) A $0 95,457 D
Common Stock 15,150 I Joint account with spouse
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 as attorney-in-fact for Lars Ullrich 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 transaction did Lars Ullrich report on the MEI Form 4?

The Form 4 reports a grant of 56,689 restricted stock units (RSUs) on 08/08/2025 under Methode Electronics 2022 Omnibus Incentive Plan.

How do the RSUs issued to Lars Ullrich vest?

The RSUs vest in equal thirds: one-third on each of the first, second and third anniversaries of the award date.

How many shares does Lars Ullrich beneficially own after the reported transaction?

The filing reports 95,457 shares beneficially owned directly and 15,150 shares held indirectly in a joint account with his spouse.

What is Lars Ullrichs role at Methode Electronics (MEI)?

The filing lists Lars Ullrich as an officer with the title SVP Global Automotive Business.

Under what plan were the RSUs granted?

The RSUs were granted under the companys 2022 Omnibus Incentive Plan.
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