MEI Insider Filing: 328,520 RSUs Awarded to CEO, Three-Year Vesting

Rhea-AI Filing Summary

Jonathan B. DeGaynor, who serves as CEO and President and is a director of Methode Electronics, was awarded restricted stock units under the companys 2022 Omnibus Incentive Plan on 08/08/2025. The award totals 328,520 Restricted Stock Units granted at a $0 price and is described as vesting one-third on each of the first, second and third anniversaries of the award date.

Following the reported transaction the filing shows Mr. DeGaynors beneficial ownership as 436,225 shares, which reflects 32,733 shares held jointly with his spouse and 2,257 shares held in the Methode 401(k) Plan. The grant is reported as an acquisition of unvested RSUs under the company plan.

Positive

• 328,520 Restricted Stock Units granted to the CEO under the 2022 Omnibus Incentive Plan
• Vesting schedule disclosed: one-third on each of the first, second and third anniversaries
• Beneficial ownership reported: increased to 436,225 shares, including indirect holdings

Negative

• None.

Insights

Compensation Analyst

TL;DR: CEO received a large three-year vesting RSU award, aligning pay with long-term service.

The filing documents a grant of 328,520 restricted stock units to the CEO under the 2022 Omnibus Incentive Plan, vesting one-third annually. This structure typically ties executive pay to continued employment and future equity performance. The award was issued at $0 purchase price and increases the reporting persons stated beneficial ownership to 436,225 shares. The disclosure is standard for equity compensation and does not itself indicate changes to company guidance or operations.

Corporate Governance Expert

TL;DR: Routine equity grant to a named executive; disclosure is clear on vesting schedule and holdings.

The Form 4 shows the CEO and director acquiring unvested RSUs with a defined three-year vesting schedule, a common retention mechanism. The report also itemizes indirect holdings of 32,733 shares (joint with spouse) and 2,257 shares (401(k)). The filing is procedural and provides investors transparency about insider compensation and potential future share delivery as units vest.

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
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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^*

DeGaynor Jonathan B

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and President

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		328,520(1)	A	$0	436,225	D
Common Stock								32,733	I	Joint account with spouse
Common Stock								2,257	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/ Kerry Vyverberg as attorney-in-fact for Jonathan B. DeGaynor	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 did Methode Electronics (MEI) report on this Form 4?

The Form 4 reports that CEO Jonathan B. DeGaynor was granted 328,520 Restricted Stock Units under the company's 2022 Omnibus Incentive Plan on 08/08/2025.

How do the granted RSUs vest for MEIs CEO?

The RSUs vest one-third on each of the first, second and third anniversaries of the award date, per the filings explanation.

What is Mr. DeGaynors reported beneficial ownership after the grant?

The filing shows 436,225 shares beneficially owned following the transaction, including 32,733 shares jointly with his spouse and 2,257 shares in the Methode 401(k) Plan.

Was there a cash purchase price for the RSU grant?

No cash price is reported; the grant is shown with a $0 price in the Form 4.

What roles does the reporting person hold at MEI?

The reporting person, Jonathan B. DeGaynor, is identified as both CEO and President and as a Director of Methode Electronics in the filing.