Form 4: Methode Electronics Inc. Executive Kerry A. Vyverberg Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Kerry A. Vyverberg, General Counsel of Methode Electronics Inc., reports the withholding of 370 common stock units to cover tax obligations on April 27, 2024.
Summary
- On April 27, 2024, Kerry A. Vyverberg, the General Counsel of Methode Electronics Inc., had 370 shares of common stock withheld to cover tax obligations.
- The transaction was executed at a price of $12.22 per share.
- Following the transaction, Vyverberg directly owns 26,303 shares of Methode Electronics Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax withholding.
Key Dates
| Date | Description |
|---|---|
| 04/27/2024 | Date of transaction: 370 shares of common stock withheld for tax obligations. |
| 04/30/2024 | Date of signature on the Form 4 filing. |
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