Form 4: Methode Electronics Director Mary A. Lindsey Reports Stock Award
SEC Form 4 Filing
Director Mary A. Lindsey reports acquisition of common stock and holdings in phantom stock.
Summary
- On June 13, 2024, Mary A. Lindsey, a director of Methode Electronics Inc., acquired 14,170 shares of common stock at a price of $9.88 per share.
- Following this transaction, Lindsey directly owns 17,170 shares of common stock.
- Lindsey also indirectly owns 11,491.3 shares of phantom stock through a deferred compensation plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The director's acquisition of shares may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities.
Stakeholder Impact
- The transaction may influence investor perception of the company.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of transaction: Mary A. Lindsey acquired common stock. |
| 06/17/2024 | Date of signature on the report. |
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