MEI Director Brian J. Cadwallader Receives Award of 167.88 Shares

What Happened Brian J. Cadwallader, a director of Methode Electronics, Inc. (MEI), was credited with 167.88 shares (an award/other acquisition) on July 31, 2026. The filing shows a per-share value of $13.99, for a total notional value of approximately $2,349. This was not an open‑market purchase or sale but an allocation of theoretical (phantom) common shares under a deferred compensation feature.

Key Details

• Transaction date: July 31, 2026; Form filed August 4, 2026 (timely).
• Transaction type/code: Award/Other Acquisition (A).
• Shares credited: 167.88 at $13.99 per share; total value ≈ $2,349.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: These are theoretical common shares (phantom stock) credited pursuant to the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan.

Context

• This transaction reflects a deferred-compensation dividend reinvestment (crediting phantom shares), not a cash purchase or sale of company stock. Such credits are compensation-related and do not necessarily indicate a change in the insider’s market view.
• For retail investors, compensation-related credits are common and typically less informative about insider sentiment than outright purchases.