Form 4: Methode Electronics Inc. Executive Kerry A. Vyverberg Reports Stock Transaction
SEC Form 4 Filing
Kerry A. Vyverberg, General Counsel of Methode Electronics Inc., reports the disposition of 1,768 shares of common stock to cover tax obligations.
Summary
- On May 3, 2025, Kerry A. Vyverberg, General Counsel of Methode Electronics Inc. (MEI), disposed of 1,768 shares of common stock.
- The transaction was executed to cover the reporting person's tax withholding obligation related to restricted stock units.
- The price per share was $6.68.
- Following the transaction, Vyverberg directly owns 24,535 shares of common stock and indirectly owns 14,982 shares in a 401(k) plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard reporting of stock transactions for tax purposes.
Industry Context
This filing is a routine disclosure related to executive stock transactions and is a common occurrence in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine executive stock transaction.
Key Dates
| Date | Description |
|---|---|
| 05/03/2025 | Date of stock transaction (disposal of shares). |
| 05/06/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Methode Electronics, MEI, Kerry Vyverberg, General Counsel
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