Form 4: Methode Electronics Director Bobek Acquires Phantom Stock and Disposes of Common Stock

Director Therese M. Bobek reports acquisition of phantom stock and disposition of common stock in Methode Electronics Inc.

Summary

• On May 2, 2025, Therese M. Bobek, a director of Methode Electronics Inc., acquired 558.92 shares of phantom stock at a price of $6.68 per share through the dividend reinvestment feature of the company's Nonqualified Deferred Compensation Plan.
• Following this transaction, Bobek's indirect ownership in phantom stock through the Deferred Compensation Plan increased to 27,227.33 shares.
• Bobek also disposed of 3,000 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and principal stockholders) of publicly traded companies, providing transparency into their transactions in the company's securities.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates

Keywords

Form 4, Methode Electronics, Director, Bobek, Phantom Stock, Common Stock, Deferred Compensation Plan, Dividend Reinvestment