Vyverberg Kerry A. 4
Research Summary
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MEI GC Kerry Vyverberg Withholds 1,801 Shares for Taxes
What Happened Kerry A. Vyverberg, General Counsel of Methode Electronics, had 1,801 shares withheld to satisfy tax obligations tied to the vesting of restricted stock units (RSUs). The shares were valued at $8.63 each, for a total of $15,543. This was a tax-withholding disposal (code F), not an open-market sale or a purchase.
Key Details
- Transaction date: 2026-05-02; Filing date: 2026-05-05.
- Shares: 1,801 withheld; Price per share: $8.63; Total value: $15,543.
- Transaction type/code: Tax withholding related to RSU vesting (F). Footnote: shares withheld to satisfy reporting person's tax obligations.
- Shares owned after the transaction: not specified in the filing.
- No late-filing flag provided in the record.
Context Withholding shares to cover taxes on vested RSUs is a common administrative action and typically does not signal a deliberate buy/sell decision about the company stock. This was not a market sale; it simply reduced the insider's outstanding shares to cover tax withholding.