Mary A. Lindsey, a director at Methode Electronics Inc, has reported a transaction involving phantom stock. This transaction, filed on November 3, 2026, highlights Lindsey's ongoing involvement with the company's deferred compensation plan. The report is significant as it provides insights into executive compensation practices within the electronic connectors industry.

Background

Methode Electronics Inc, identified by the Central Index Key (CIK) 0000065270, operates in the electronic connectors sector. The company is publicly traded under the symbol MEI. Methode Electronics is incorporated in Delaware and focuses on manufacturing electronic components. The most recent filing prior to this was on September 24, 2026, also a Form 4.

What the Filing Says

The filing details a transaction dated October 31, 2026, where Lindsey acquired 107.3 shares of phantom stock at a price of $14.72 per share. Following this transaction, she now holds a total of 31,695.48 shares, which includes both common stock and phantom stock. The filing states, "The amount shown 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."

Impact

This transaction may affect Lindsey's reputation and influence within the company and the broader industry. As a director, her actions can reflect on the company's governance and executive compensation strategies. Other directors and executives in the electronic connectors sector may view such transactions as a benchmark for their own compensation practices.

What's Next

The filing does not say what happens next.