4Accepted Sep 24, 5:00 PM ET
Methode (MEI) Director David Blom Receives 9,186 RSUs
Accepted (ET)
5:00 PM
Sep 24, 2026
Filed
Sep 24, 2026
Documents
1
Size
6.3 KB
Summary
Methode (MEI) Director David Blom Receives 9,186 RSUs
What Happened
David P. Blom, a director of Methode Electronics, was granted 9,186 restricted stock units (RSUs) on September 22, 2026. The grant is recorded as a derivative award (transaction code A) at $0.00 per unit (no cash paid at grant). The RSUs represent contingent rights to receive one share of Methode common stock upon vesting.
Key Details
- Transaction date: 2026-09-22 (reported on Form 4 filed 2026-09-24).
- Grant: 9,186 restricted stock units; reported price $0.00 (award/derivative).
- Vesting: RSUs vest in full on the date of the Company’s 2027 annual meeting of shareholders (per footnote).
- Shares owned after transaction: not specified in this filing.
- Filing timeliness: Form 4 was filed two days after the transaction date and appears to be timely.
- Notes: F1 — each RSU converts to one share upon vesting; F2 — full vesting at 2027 annual meeting.
Context
RSU grants are a common form of executive/director compensation intended to align long-term interests with shareholders; they are not an immediate cash purchase and do not indicate an immediate sale. Because these units only convert to shares upon vesting, their future value depends on Methode’s stock price and continued vesting conditions.