Director Therese M. Bobek filed a Form 4 with the SEC on November 3, 2026, disclosing a phantom stock acquisition and existing restricted stock unit holdings in Methode Electronics Inc. (NYSE:MEI) as of October 30, 2026.

Key Highlights

  • Phantom stock acquired: 95.68 theoretical common shares were credited to Bobek on October 30, 2026, at a price of $14.72 per share, through the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan.
  • Total phantom stock position: Following the transaction, Bobek indirectly holds 28,264.17 phantom stock units in the Deferred Compensation Plan.
  • Common stock holdings: Bobek directly holds 21,543 shares of common stock, with no transaction reported for those shares.
  • Restricted stock units: Bobek holds 9,186 restricted stock units (RSUs) granted under the company's 2026 Omnibus Incentive Plan, with no RSU transaction reported in this filing.
  • RSU vesting schedule: The RSUs vest 33% on 9/22/27, 33% on 9/22/28, and 34% on 9/22/29, according to the filing.
  • Relationship to issuer: Bobek is identified in the filing as a Director of Methode Electronics Inc.

Bobek's Deferred Compensation Plan Credit and Existing Holdings at Methode Electronics

According to the Form 4 filed November 3, 2026, Director Therese M. Bobek of Methode Electronics Inc. (NYSE:MEI) received a credit of 95.68 phantom stock units on October 30, 2026, at a price of $14.72 per share. The filing states that this amount "reflects additional theoretical common shares (i.e., phantom stock) which were credited pursuant to the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan." The acquisition code reported is "A," indicating an acquisition. Following this transaction, Bobek's indirect phantom stock holdings in the Deferred Compensation Plan stand at 28,264.17 units.

In addition to the phantom stock, the filing reports that Bobek directly holds 21,543 shares of common stock, though no transaction was reported for those shares in this filing. The filing also discloses that Bobek holds 9,186 restricted stock units as a derivative security, carried at a conversion price of $0, with the underlying security being common stock. These RSUs were granted under the company's 2026 Omnibus Incentive Plan and are scheduled to vest in three tranches: 33% on September 22, 2027; 33% on September 22, 2028; and 34% on September 22, 2029.

The Form 4 was signed by Kerry Vyverberg as attorney-in-fact for Therese M. Bobek and filed on November 3, 2026. No transaction was flagged as being made pursuant to a Rule 10b5-1(c) plan.

What Was Disclosed

Therese M. Bobek, a director of Methode Electronics Inc., disclosed the credit of 95.68 phantom shares at $14.72 to her Deferred Compensation Plan account, bringing her total indirect phantom stock holdings to 28,264.17 units, alongside direct common stock and existing RSU positions.