MEI insider filing: 301.09 phantom shares credited; 6,000 shares disposed

Rhea-AI Filing Summary

Reporting person: Mark D. Schwabero (Director). Issuer: Methode Electronics, Inc. (MEI). Date of earliest transaction: 08/01/2025.

Transactions reported:

• Phantom Stock (Nonqualified Deferred Compensation Plan): On 08/01/2025 additional theoretical common shares credited via the plan's dividend reinvestment feature: 301.09 phantom shares credited; price listed: $6.33; beneficially owned following transaction: 27,528.42; ownership form: Indirect (In Deferred Comp. Plan).
• Common Stock: Reported disposition of 6,000 common shares (table row lists 6,000 and code D; no transaction date is shown on that row).

Signature: /s/ Kerry Vyverberg as attorney-in-fact for Mark Schwabero on 08/04/2025.

Positive

• Compliance: Form 4 was signed and filed (attorney-in-fact signature dated 08/04/2025), meeting disclosure requirements.
• Plan mechanics disclosed: Phantom shares credited via the Nonqualified Deferred Compensation Plan dividend reinvestment feature are explicitly explained.

Negative

• Disposition reported: The form shows a 6,000-share disposition of common stock; the corresponding table row does not display a transaction date.
• Limited context: The filing does not provide context on percentage ownership or whether the 6,000-share disposition materially affects beneficial ownership percentages.

Insights

Financial Analyst

TL;DR: Routine deferred-compensation credit and a 6,000-share disposition; filing shows plan mechanics rather than material change to company fundamentals.

The Form 4 reports a 301.09 phantom-share credit on 08/01/2025 under the Methode Electronics Nonqualified Deferred Compensation Plan via the dividend reinvestment feature, increasing indirect holdings to 27,528.42 shares and showing a listed price of $6.33. The form also lists a disposition of 6,000 common shares (table row shows code D) though that row does not include a transaction date. The filing was signed by an attorney-in-fact on 08/04/2025. Based solely on the disclosed items, these are procedural compensation-plan and personal-share transactions without explicit indicators of material impact to MEI's operations or capital structure.

Corporate Governance Expert

TL;DR: Disclosure appears compliant: director-level filer, Form 4 executed by attorney-in-fact, and the phantom shares are held indirectly in a deferred-comp plan.

The filing identifies the reporting person as a Director and the Form is filed by one reporting person. It documents a phantom-stock credit under the issuer's Nonqualified Deferred Compensation Plan and an indicated disposition of 6,000 common shares. The explanation explicitly states the phantom shares were credited pursuant to the plan's dividend reinvestment feature. The form is signed by an attorney-in-fact on 08/04/2025, which satisfies signature disclosure requirements. No 10b5-1 plan is indicated for the reported transactions.

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^*

SCHWABERO MARK D

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

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
Phantom Stock	08/01/2025		A(1)		301.09	A	$6.33	27,528.42	I	In Deferred Comp. Plan
Common Stock								6,000	D

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. The amount shown reflects additional theoretical common shares (i.e., phantom stock) which were credited pursuant to the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan.

	/s/ Kerry Vyverberg as attorney-in-fact for Mark Schwabero	08/04/2025
	** 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 transactions did Mark D. Schwabero report on Form 4 for MEI?

The Form 4 reports a 301.09 phantom-share credit on 08/01/2025 under the Nonqualified Deferred Compensation Plan and a reported disposition of 6,000 common shares (the disposition row lacks a transaction date).

When was the Form 4 signed/filed for MEI by the reporting person?

The signature block shows /s/ Kerry Vyverberg as attorney-in-fact for Mark Schwabero dated 08/04/2025.

What is the nature of the phantom stock credited in the MEI filing?

The explanation states the additional theoretical common shares were credited pursuant to the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan.

Is the credited phantom stock held directly or indirectly according to the Form 4?

The credited phantom stock is shown as indirect ownership, listed as 'In Deferred Comp. Plan.'

Does the Form 4 indicate transactions were made under a 10b5-1 trading plan?

No. The form includes the 10b5-1 checkbox language at the top, but the filing does not indicate that the reported transactions were made pursuant to a 10b5-1 plan.