Form 4: Methode Electronics Director David Blom Acquires and Disposes of Shares
SEC Form 4 Filing
Director David Blom reports changes in beneficial ownership of Methode Electronics Inc. stock, including acquisition and disposal of shares on June 13, 2024.
Summary
- On June 13, 2024, David P. Blom, a director of Methode Electronics Inc., engaged in transactions involving the company's common stock.
- Blom acquired 14,170 shares of common stock at a price of $9.88 per share.
- Blom disposed of 14,170 shares of common stock.
- Following these transactions, Blom directly owns 28,211 shares of Methode Electronics Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a director's stock transactions, which doesn't inherently convey positive or negative sentiment. It's a factual disclosure.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- Shareholders are informed about the trading activities of a company director, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of stock acquisition and disposal transaction. |
| 06/17/2024 | Date of signature on the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.