Methode Electronics (MEI) General Counsel Kerry Vyverberg Sells Shares

What Happened Kerry A. Vyverberg, General Counsel of Methode Electronics, disposed of 4,327 shares on August 8, 2026 at $16.67 per share, for a total value of $72,131. The Form 4 reports the disposition as shares withheld to satisfy tax obligations related to the vesting of restricted stock units (RSUs), not an open-market sale.

Key Details

• Transaction date and price: 2026-08-08 at $16.67 per share.
• Shares disposed: 4,327; total value reported $72,131.
• Transaction type/code: Disposition to issuer (D). Footnote F1: shares withheld to satisfy tax obligations from RSU vesting.
• Filing: Form 4 filed with the SEC on 2026-08-10 (period of report 2026-08-08).
• Shares owned after transaction: Not reported on this filing.

Context This was a tax-withholding disposition tied to RSU vesting, a routine administrative transaction commonly used to cover withholding taxes. Such withholding transactions do not necessarily indicate the insider is reducing their position by choice and are different from an open-market sale.