Tax withholding adjusts Methode Electronics (NYSE: MEI) GC share holdings
Methode Electronics' General Counsel, Kerry A. Vyverberg, had 1,801 shares of common stock (MEI) withheld at $8.63 per share to cover tax obligations related to the vesting of restricted stock units. This was a tax-withholding disposition, not an open-market sale. After this transaction, Vyverberg directly holds 40,231 shares and indirectly holds 13,783 shares in a 401(k) plan.
MAY 6·Stock Titan→
Phantom stock credited to Methode (NYSE: MEI) director’s deferral plan
Methode Electronics (NYSE: MEI) director Brian J. Cadwallader was credited with 270.59 phantom stock units on May 1, 2026, priced at $8.63 each, as part of a nonqualified deferred compensation plan's dividend reinvestment feature. This transaction increased his indirect phantom stock balance to 46,974.75 units. The filing also noted an indirect holding of 6,800 common stock shares in trust, categorizing these as routine compensation-related activities rather than open-market trades.
MAY 6·Stock Titan→
[Form 4] METHODE ELECTRONICS INC Insider Trading Activity
This article details a Form 4 SEC filing by Methode Electronics Inc. (MEI) director Therese M. Bobek, reporting acquisition of phantom stock units through a dividend reinvestment plan. She received 161.680 units on May 1, 2026, increasing her indirect holdings to 28,068.170 phantom units, while her direct common stock holdings remain at 21,543 shares. The transaction was compensation-related and not an open-market trade.