Erwin John Thomas 4
Accession 0002063597-26-000002
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 4:30 PM ET
Size
5.3 KB
Accession
0002063597-26-000002
Research Summary
AI-generated summary of this filing
Methode (MEI) CPO Erwin Thomas Withholds 142 Shares for Taxes
What Happened
Erwin John Thomas, Chief Product Officer & EHS Officer at Methode Electronics, had 142 shares withheld to satisfy tax obligations related to restricted stock unit (RSU) vesting. The shares were valued at $7.42 each for a total of roughly $1,054. This is a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-01-15; price per share: $7.42; shares withheld: 142; total value ≈ $1,054.
- Transaction code: F (shares withheld to cover tax liability).
- Footnote: F1 — represents shares withheld to satisfy the reporting person's tax obligations associated with the vesting of restricted stock units.
- Filing: Form 4 filed 2026-01-21 reporting the Jan 15 transaction (see filing for timeliness/status).
- Shares owned after the transaction: not specified in the summary portion provided; refer to the Form 4 for the exact post-transaction holdings.
Context
This was a routine tax-withholding in connection with RSU vesting (a cashless administrative action), not an open-market sale. Such withholdings reduce the insider's share count but generally do not indicate a change in sentiment about the company. Purchases by insiders tend to be more informative about bullish intent; tax-withholding dispositions are common and administrative.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-01-15$7.42/sh−142$1,054→ 58,671 total
- 1,519(indirect: By 401(k))
Common Stock
Footnotes (1)
- [F1]Represents shares withheld to satisfy the reporting person's tax obligations associated with the vesting of restricted stock units.
Signature
Documents
Issuer
METHODE ELECTRONICS INC
CIK 0000065270
Related Parties
1- filerCIK 0002063597
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 4:30 PM ET
- Size
- 5.3 KB