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[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.

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.

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.
Methode Ele

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