Bobek Therese M 4

What Happened Therese M. Bobek, a director of Methode Electronics, was credited with 161.68 theoretical (phantom) common shares on May 1, 2026 as an award under the company's Nonqualified Deferred Compensation Plan. The award is recorded at $8.63 per share for a total value of $1,395 (transaction code A — award/grant).

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-05.
• Shares credited: 161.68 phantom/common-share equivalents at $8.63 each; total $1,395.
• Transaction type/code: A = Grant/Award (not an open-market purchase or sale).
• Footnote: These are additional theoretical common shares credited via the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan.
• Filing does not state the insider’s total shares owned after this credit.

Context This transaction reflects deferred compensation being credited as phantom/common-share equivalents rather than a cash purchase or disposition. Such awards are compensation plan transactions and do not necessarily indicate the insider is buying or selling company stock in the open market.