Methode (MEI) CPO Erwin Thomas Withholds 5,667 Shares for Taxes

What Happened
Erwin John Thomas, Chief Product Officer & EHS Officer of Methode Electronics (MEI), had 5,667 shares disposed to the issuer (withheld) on 2026-09-11 at $14.61 per share, a value of $82,795. This was a tax-withholding disposition tied to the vesting of restricted stock units (not an open-market sale).

Key Details

• Transaction date and price: 2026-09-11, disposition to issuer (code D) at $14.61 per share.
• Shares involved: 5,667 shares; total value ≈ $82,795.
• Footnote: F1 — shares were withheld to satisfy the reporting person's tax obligations on RSU vesting.
• Filing: Form 4 filed 2026-09-14; no late filing flag indicated in the provided data.
• Shares owned after transaction: Not specified in the summary provided (see Form 4 for "Owned after reported transaction" detail).

Context
This was a routine tax-withholding event (shares retained by the company to cover taxes on vested RSUs), not an open-market sale or a purchase. Such withholding is common and does not necessarily signal insider sentiment about the company's stock.