Bobek Therese M 4

What Happened Therese M. Bobek, a director of Methode Electronics, was credited with 258.22 shares (an award/acquisition) on January 31, 2026. The filing reports an acquisition value of $5.37 per share, totaling approximately $1,387. This was not an open-market purchase or sale but an award/credit under a company plan.

Key Details

• Transaction date: 2026-01-31; reported filing date: 2026-03-16 (filed about six weeks after the transaction; later than the typical 2-business-day Form 4 deadline).
• Amount: 258.22 shares at $5.37 per share; total value ≈ $1,387.
• Shares owned after the transaction: not disclosed in the filing.
• Footnote: The shares represent "theoretical common shares" (phantom stock) credited via the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan (see F1).

Context This transaction reflects a non-cash credit to a deferred compensation plan (phantom/recordkeeping shares) rather than a market purchase or sale. Such awards are common for deferred pay and dividend-reinvestment arrangements and do not necessarily indicate immediate trading intent.