Form 4: MEI Director Adds Phantom Stock via Dividend Reinvestment

Methode Electronics Director Mary A. Lindsey acquired 229.35 phantom stock units through a dividend reinvestment plan.

Summary

• Director Mary A. Lindsey acquired 229.35 phantom stock units of Methode Electronics Inc. (MEI).
• The acquisition occurred on October 31, 2025, at a price of $6.73 per unit.
• These units were credited pursuant to the dividend reinvestment feature of the company's Nonqualified Deferred Compensation Plan.
• Following this transaction, Ms. Lindsey beneficially owns 31,099.76 phantom stock units indirectly through the deferred compensation plan.
• Ms. Lindsey also directly owns 25,970 shares of common stock.

Sentiment

Score: 6

Explanation: Slightly positive as it indicates continued participation and dividend reinvestment by a director, suggesting confidence, though it's a routine, non-discretionary transaction.

Positives

• Director's continued participation in the company's deferred compensation plan indicates alignment with long-term company performance.
• Reinvestment of dividends suggests confidence in the company's future prospects.

Future Outlook

NA

Industry Context

This Form 4 filing reports a routine insider transaction related to a director's participation in a deferred compensation plan. It does not provide broader industry context or competitive analysis.

Related Party Transactions

• The transaction involves a director acquiring phantom stock from the company through a deferred compensation plan, which is a standard related-party arrangement for executive compensation.

Stakeholder Impact

• Shareholders may view the director's continued participation in the deferred compensation plan and dividend reinvestment as a positive signal of alignment with long-term company performance.
• Employees participating in similar deferred compensation plans may see this as a confirmation of the plan's ongoing operation.

Key Dates

Keywords

Methode Electronics, MEI, Insider Transaction, Form 4, Phantom Stock, Dividend Reinvestment, Director Stock Acquisition, Deferred Compensation