Methode Electronics insider grant: 31,324 RSUs to CPO Erwin
Rhea-AI Filing Summary
John Thomas Erwin, identified as an officer (CPO & EHS Officer) of Methode Electronics, was granted restricted stock units of the company's common stock on 08/08/2025 under the 2022 Omnibus Incentive Plan. The award consisted of 31,324 restricted stock units that will vest in three equal installments: one-third on each of the first, second and third anniversaries of the award date. After the reported transaction, Mr. Erwin beneficially owned 64,480 shares directly and had an additional 1,694 shares indirectly held in the Methode 401(k) plan. The filing reports no derivative securities.
Positive
- 31,324 RSUs granted under the 2022 Omnibus Incentive Plan, providing clear documentation of the award
- Vesting over three years (1/3 each year) aligns executive incentives with multi-year company performance
- Beneficial ownership disclosed: 64,480 shares direct and 1,694 shares indirect (401(k) plan), improving transparency
Negative
- None.
Insights
TL;DR: Routine executive equity award disclosed; vesting schedule promotes multi-year retention without immediate dilution of outstanding shares.
The Form 4 documents a standard executive equity grant: 31,324 RSUs awarded to the CPO & EHS Officer under the companys 2022 Omnibus Incentive Plan. The grant vests 1/3 annually over three years, which is a common retention-focused structure that ties pay to continued service and long-term share performance. The report also clarifies beneficial ownership post-grant (64,480 direct; 1,694 indirect in the 401(k) plan). No derivative positions were reported, and the disclosure appears routine from a governance and disclosure perspective.
TL;DR: Compensation grant documented; vesting cadence signals multi-year alignment but is a customary practice for senior executives.
The filing shows an equity-based compensation action rather than a cash payout. The 31,324 RSUs are described as restricted stock units with a clear vesting mechanism: one-third on each of the first three anniversaries of the award. This structure phases recognition and potential share delivery, supporting retention. The filing quantifies total reported beneficial ownership (64,480 direct; 1,694 indirect), which helps investors assess insider exposure but provides no further compensation details such as grant-date valuation or percent of outstanding shares.