Form 4: Methode Electronics Director Mary A. Lindsey Reports Phantom Stock Acquisition
SEC Form 4 Filing
Director Mary A. Lindsey reported the acquisition of phantom stock units through a dividend reinvestment in Methode Electronics' Nonqualified Deferred Compensation Plan.
Summary
- On May 2, 2025, Mary A. Lindsey, a director of Methode Electronics Inc., reported a transaction involving phantom stock.
- Lindsey acquired 250.29 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 the transaction, Lindsey beneficially owns 12,192.58 shares of phantom stock indirectly through the deferred compensation plan.
- Lindsey also directly owns 25,970 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction, with neutral sentiment.
Industry Context
This is a routine filing related to insider transactions and deferred compensation plans, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of phantom stock transaction |
| 05/06/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, insider trading, beneficial ownership, phantom stock, dividend reinvestment, deferred compensation plan, Methode Electronics, MEI, Mary A. Lindsey, director
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