LINDSEY MARY A 4

What Happened
Mary A. Lindsey, a director of Methode Electronics, Inc. (MEI), was credited with an award/acquisition of 289.57 shares on 2026-01-31 at an imputed price of $5.37 per share, a total value of roughly $1,555. This was an award/credit (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-31; Filing date: 2026-03-16 (filing appears late under Form 4 timing rules).
• Transaction type/code: Award/other acquisition (A).
• Shares credited: 289.57 at $5.37 per share; total value ≈ $1,555.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: The shares are "theoretical common shares" (phantom stock) credited via the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan (per footnote F1). These are deferred/phantom credits, not new actual share transfers intended for immediate sale.

Context
This is a deferred-compensation credit (phantom shares) tied to a company plan and is different from an open‑market purchase or option exercise. Such awards reflect plan mechanics (here, dividend reinvestment) rather than an active buy or sell decision by the insider.