Form 4: Methode Electronics Director Dawson Acquires Phantom Stock and Common Stock
SEC Form 4 Filing
Director Darren Dawson reports acquisition of phantom stock and common stock in Methode Electronics Inc.
Summary
- Darren Dawson, a director of Methode Electronics Inc., reported a transaction involving the acquisition of phantom stock and common stock.
- On January 31, 2025, Dawson acquired 325.79 shares of phantom stock at a price of $11.32, bringing the total phantom stock holdings to 26,668.41 shares held indirectly in a Deferred Compensation Plan.
- Dawson also acquired 6,500 shares of common stock directly.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing insider transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholder sentiment, as it reflects a director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of transaction involving phantom stock and common stock. |
| 02/04/2025 | Date of signature by attorney-in-fact. |
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