Form 4: Methode Electronics SVP Discloses Stock Transaction
Insider Transaction Disclosure
Lars Ullrich, SVP Global Automotive Business at Methode Electronics, reported the withholding of 3,696 shares of common stock for tax obligations.
Summary
- Lars Ullrich, SVP Global Automotive Business at Methode Electronics Inc. (MEI), reported a transaction involving the company's common stock.
- On December 2, 2025, 3,696 shares of common stock were withheld to satisfy tax obligations associated with the vesting of restricted stock units.
- The shares were valued at $8.3 per share for tax purposes.
- Following this transaction, Lars Ullrich directly owns 91,761 shares and indirectly owns 15,150 shares through a joint account with a spouse, totaling 106,911 shares.
Sentiment
Score: 5
Explanation: This is a routine Form 4 filing disclosing a tax-related transaction, which typically has a neutral sentiment as it reflects standard compensation practices rather than a strategic or operational event.
Future Outlook
N/A
Industry Context
This is a routine insider transaction disclosure (Form 4) and does not provide specific insights into broader industry trends or competitive landscape. It reflects standard compensation practices for executives, where restricted stock units vest and a portion is withheld for tax purposes.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Authorization | Lars Ullrich executed a Power of Attorney on September 16, 2025, authorizing Laura Kowalchik, Kerry Vyverberg, and Stacie Schulz to prepare, execute, acknowledge, deliver, and file Forms 3, 4, and 5 on his behalf with respect to Methode Electronics, Inc. securities. | 09/16/2025 | This is a standard corporate governance practice to facilitate timely and accurate Section 16 filings for insiders, ensuring compliance with SEC regulations. |
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary transaction related to executive compensation and tax obligations.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 09/16/2025 | Date of Power of Attorney execution by Lars Ullrich. |
| 12/02/2025 | Date of transaction where shares were withheld for tax obligations. |
| 12/04/2025 | Date the Form 4 was signed and filed. |
Keywords
Methode Electronics, MEI, Lars Ullrich, Form 4, Insider Trading, Stock Transaction, Tax Withholding, Restricted Stock Units, Corporate Officer
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