DeGaynor Jonathan B 4

What Happened
Jonathan B. DeGaynor, President, CEO and a director of Methode Electronics (MEI), had 14,647 shares withheld on April 30, 2026 to satisfy tax obligations tied to the vesting of restricted stock units. The reported per-share value was $8.02, for a total disposition of approximately $117,469. This was a tax-withholding disposition (routine) rather than an open-market sale or purchase.

Key Details

• Transaction date: 2026-04-30
• Price per share: $8.02; Total value reported: $117,469
• Shares affected: 14,647 shares withheld/disposed to cover taxes
• Footnote: F1 — shares were withheld to satisfy tax obligations from RSU vesting
• Transaction code: F (tax withholding / disposition)
• Filing: Form 4 filed 2026-05-04; filing appears timely (filed within the SEC’s 2 business-day window)
• Shares owned after transaction: not specified in the provided excerpt

Context
Shares withheld to cover taxes on vested restricted stock units are a common, administrative disposition and do not necessarily indicate insider sentiment about the company’s stock. This was not a purchase or an open-market sale by the insider — it’s a cashless/tax-withholding event tied to compensation vesting.