Form 4: Methode Electronics Officer Sells Shares for Tax Obligation

A Methode Electronics officer disposed of 142 shares of common stock to cover tax obligations related to restricted stock unit vesting.

Summary

• John Thomas Erwin, CPO & EHS Officer at Methode Electronics Inc. (MEI), reported a transaction.
• On January 15, 2026, Mr. Erwin disposed of 142 shares of common stock.
• The shares were withheld to satisfy tax obligations associated with the vesting of restricted stock units.
• The transaction price for the disposed shares was $7.42 per share.
• Following this transaction, Mr. Erwin directly beneficially owns 58,671 shares of common stock.
• Additionally, 1,519 shares are indirectly held in the Methode 401(k) Plan.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax purposes, which is neutral in sentiment. It reflects standard compensation practices rather than a discretionary sale or purchase.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction related to compensation and tax obligations, common across all industries for executives receiving equity-based compensation. It does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a small, non-discretionary transaction by an officer for tax purposes, not indicative of a change in confidence or company fundamentals.

Key Dates

Keywords

Methode Electronics, MEI, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Officer Transaction