Methode Electronics (MEI) SVP Lars Ullrich Sells 8,157 Shares

What Happened
Lars Ullrich, Senior Vice President, Global Automotive Business at Methode Electronics, had 8,157 shares disposed to the issuer on August 8, 2026 at $16.67 per share, a total value of $135,977. This disposition was a tax-withholding event related to the vesting of restricted stock units, not an open-market sale.

Key Details

• Transaction date and price: August 8, 2026 — 8,157 shares at $16.67 each.
• Total value: $135,977.
• Transaction type/codes: Disposition to issuer (D); footnote indicates tax withholding (F1).
• Footnote F1: Shares were withheld to satisfy the reporting person's tax obligations associated with RSU vesting.
• Shares owned after transaction: not specified in the provided filing summary.
• Filing: Form 4 filed Aug 10, 2026 (appears to be within the normal reporting window).

Context
This was a routine tax-withholding disposition tied to RSU vesting, which is common and generally not viewed the same as a discretionary open-market sale. For retail investors, purchases or open-market insider buys typically carry more interpretive weight than tax-related withholdings.