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Methode Electronics insider grant: 31,324 RSUs to CPO Erwin

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

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*
Erwin John Thomas

(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)
CPO & EHS Officer
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 31,324(1) A $0 64,480 D
Common Stock 1,694 I Held in Methode 401(k) Plan
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/ John Thomas Erwin 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 John Thomas Erwin report on Form 4 for MEI?

He was granted 31,324 Restricted Stock Units (RSUs) of Methode Electronics common stock on 08/08/2025 under the 2022 Omnibus Incentive Plan.

What is John Thomas Erwin's role at Methode Electronics (MEI)?

He is listed as an officer with the title CPO & EHS Officer.

How do the RSUs awarded to Erwin vest?

The RSUs vest 1/3 on each of the first, second and third anniversaries of the award date.

How many shares does Erwin beneficially own after the reported transaction?

He beneficially owns 64,480 shares directly and 1,694 shares indirectly held in the Methode 401(k) Plan.

Were any derivative securities reported in this filing for MEI?

No. Table II lists no derivative securities; the filing reports only non-derivative RSUs and stock ownership.
Methode Ele

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