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Form 4 overview: Darren M. Dawson, a Director of Methode Electronics, Inc. (MEI), reported transactions on a Form 4 with an earliest transaction date of 08/01/2025. The filing shows 301.09 theoretical (phantom) common shares credited under the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan via the dividend reinvestment feature, with a reported price of $6.33 and a reported beneficial ownership figure of 27,528.42 (listed as indirect ownership in the deferred comp plan).
The filing also records a disposition of 6,500 common shares (Table I lists 6,500 as a disposition). The form is signed by attorney-in-fact Kerry Vyverberg for Darren M. Dawson, dated 08/04/2025. Table II shows no derivative transactions. The explanation clarifies the phantom shares were credited pursuant to the dividend reinvestment feature of the Nonqualified Deferred Compensation Plan.