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FMR/Abigail P. Johnson Report 3.05M Shares (8.7%) of Methode Electronics

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Methode Electronics, Inc. Schedule 13G/A reports that FMR LLC and Abigail P. Johnson beneficially own the same block of common stock totaling 3,046,876.34 shares, representing 8.7% of the outstanding class. FMR LLC reports 3,043,574 shares of sole voting power and 3,046,876.34 shares of sole dispositive power; Abigail P. Johnson reports sole dispositive power for the same 3,046,876.34 shares. The filing states these securities are held in the ordinary course of business and not for the purpose of influencing control of the issuer. The statement includes referenced powers of attorney and an exhibit identifying related subsidiary/group arrangements.

Positive

  • Transparent disclosure of a material >5% beneficial ownership position by FMR LLC and Abigail P. Johnson
  • Certification that the shares are held in the ordinary course and not for the purpose of changing control

Negative

  • Concentrated stake of 8.7% by a single institutional group could be material to investors even if currently passive

Insights

TL;DR: FMR LLC and Abigail Johnson hold a material passive stake of 8.7%, disclosed as not intended to influence control.

This 8.7% position is large enough to be material to investors because it exceeds the 5% reporting threshold and could affect trading liquidity or activist attention, yet the filer certifies the stake is held in the ordinary course and not to change control. Voting and dispositive power figures show FMR has near-complete voting control over the disclosed shares, which is relevant for potential proxy outcomes. The filing is routine but important for ownership transparency.

TL;DR: Ownership disclosure is compliant and signals a significant passive holder without stated intent to pursue control.

The Schedule 13G/A identifies a single institutional holder and a related individual beneficial owner together holding 8.7% of the company. The certification that the position is not intended to influence control reduces immediate governance risk, but the concentration warrants monitoring for any future amendment to a Schedule 13D or changes in voting intentions. The included power of attorney exhibits support proper signature authority.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



FMR LLC
Signature:Stephanie J. Brown
Name/Title:Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries*
Date:09/05/2025
Abigail P. Johnson
Signature:Stephanie J. Brown
Name/Title:Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson**
Date:09/05/2025

Comments accompanying signature: * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.
Exhibit Information

Please see Exhibit 99 for 13d-1(k) (1) agreement.

FAQ

How many shares of MEI does FMR LLC and Abigail P. Johnson beneficially own?

They beneficially own 3,046,876.34 shares of Methode Electronics common stock.

What percentage of MEI does the disclosed stake represent?

The position represents 8.7% of the outstanding class of common stock.

What voting and dispositive power are reported for FMR LLC?

FMR LLC reports 3,043,574 shares of sole voting power and 3,046,876.34 shares of sole dispositive power.

Does the filing indicate the stake is intended to change control of MEI?

No. The filing certifies the securities are held in the ordinary course of business and not to change or influence control of the issuer.

Are there exhibits or powers of attorney referenced in the filing?

Yes. The filing references powers of attorney incorporated by reference and an Exhibit 99 for related agreements.
Methode Ele

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