[Form 4] Methode Electronics Insider Trading Activity
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.
- 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)
- 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.