Methode Electronics CPO Erwin Thomas Receives 18,045-Unit RSU Award

What Happened

• Erwin John Thomas, Chief Product Officer & EHS Officer of Methode Electronics (MEI), was granted 18,045 restricted stock units (RSUs) on 2026-09-22. The award was recorded as an acquisition at $0.00—this is a compensation grant (derivative award), not an open-market purchase or sale. The Form 4 was filed on 2026-09-24.

Key Details

• Transaction date and price: 2026-09-22; grant price reported as $0.00 (award of RSUs).
• Number of units: 18,045 restricted stock units.
• Plan: Granted under the Company’s 2026 Omnibus Incentive Plan (footnote F1).
• Vesting schedule: 33% on 9/22/2027; 33% on 9/22/2028; 34% on 9/22/2029 (footnote F2).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date: Form 4 filed 2026-09-24 (no late-filing indication provided).

Context

• RSUs are contingent rights to receive shares upon vesting; they typically represent compensation and carry vesting/forfeiture conditions until settled. This grant is a routine equity award to an executive and does not by itself indicate buying or selling sentiment. The monetary value realized will depend on Methode’s stock price when and if the RSUs vest and are settled.