MEI Director Acquires Phantom Stock via Comp Plan
METHODE ELECTRONICS INC
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Filing Summary
MEI Director Acquires Phantom Stock via Comp Plan
Company: METHODE ELECTRONICS INC (MEI) Form: 4 | Filed: 2025-11-04 Significance: Low
Insider: Cadwallader Brian J Title: Not Specified | Relationship: Director
Transaction: • Type: Grant • Shares: 342.29 • Price: $6.73 • Value: $2,303 • Owned After: 46,413.71 (Phantom Stock)
Key Insight: Routine acquisition of phantom stock through a dividend reinvestment feature in a deferred compensation plan.
Market Context: This is a non-discretionary transaction with a negligible value (0.001% of market cap), carrying no significant market signal.
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: METHODE ELECTRONICS INC (MEI)
Executive Summary
- Trading Significance: Low
- Key Takeaway: A director acquired a small number of phantom stock units as part of a routine, automatic dividend reinvestment within a deferred compensation plan.
- Market Impact: Negligible. The transaction is too small and non-discretionary to influence the market.
Company Information
| Field | Value |
|---|---|
| Company | METHODE ELECTRONICS INC |
| Ticker Symbol | MEI |
| CIK | 0000065270 |
| Industry | Electronic Connectors |
Insider Information
| Field | Value |
|---|---|
| Name | Cadwallader Brian J |
| CIK | 0001599394 |
| Title/Position | Not Specified |
| Relationship | Director |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2025-10-31 |
| Transaction Code | A (Award) |
| Security Type | Phantom Stock |
| Shares Involved | 342.29 |
| Price Per Share | $6.73 |
| Total Value | $2,303.42 |
| Shares Owned After | 46,413.71 |
| Ownership Type | Indirect (In Deferred Comp. Plan) |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $2,303.42 |
| % of Market Cap | <0.001% |
| Shares Transacted | 342.29 |
| % of Shares Outstanding | <0.001% |
| Post-Transaction Ownership | 46,413.71 shares (0.13% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The transaction's value of approximately $2,300 is immaterial relative to the company's $240 million market capitalization.
- Ownership Concentration: The insider's holdings of this security remain a very small percentage of the total shares outstanding.
- Dilution Impact: The acquisition is too small to have any meaningful dilutive effect on existing shareholders.
- Transaction Significance: The transaction is rated 'Low' significance due to its negligible size relative to market cap and shares outstanding, and its automatic, non-discretionary nature as a dividend reinvestment.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: This is a routine, automated transaction as part of a compensation plan. It does not reflect a deliberate investment decision by the insider and carries no informational value.
Volume & Sentiment
- Expected Volume Impact: None. The transaction is an internal bookkeeping entry and does not affect trading volume on the open market.
- Sentiment Indicator: Neutral. The filing is procedural and unlikely to influence investor sentiment.
Additional Context
Transaction Notes
- Special Circumstances: The filing's footnote confirms the shares are phantom stock credited via a dividend reinvestment feature of the company's Nonqualified Deferred Compensation Plan. This is a common, non-discretionary event.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
