Form 4: Brian J. Cadwallader Reports Changes in Beneficial Ownership of Methode Electronics Inc. Securities

Director Brian J. Cadwallader reports changes in his beneficial ownership of Methode Electronics Inc. securities due to phantom stock dividend reinvestment.

Summary

• Brian J. Cadwallader, a director of Methode Electronics Inc., filed a Form 4 to report changes in his beneficial ownership.
• The report indicates the acquisition of 558.92 shares of phantom stock at a price of $6.68 per share on May 2, 2025, through dividend reinvestment in the Nonqualified Deferred Compensation Plan.
• Following the transaction, Cadwallader beneficially owns 27,227.33 shares of phantom stock indirectly through the deferred compensation plan.
• He also indirectly owns 6,800 shares of common stock in a trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting insider transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the holdings and transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of a company director.

Key Dates

Keywords

Form 4, beneficial ownership, phantom stock, dividend reinvestment, deferred compensation plan, Methode Electronics Inc., MEI, director, Cadwallader