Bobek Therese M has reported stock transactions in a recent SEC filing, highlighting changes in her ownership of shares in Methode Electronics Inc. This filing, dated November 3, 2026, is significant as it provides insights into the compensation strategies of executives within the company.

Background

Methode Electronics Inc, which operates under the Central Index Key 0000065270, is classified within the electronic connectors industry. The company is incorporated in Delaware and has its fiscal year ending on May 3. Recent filings indicate a focus on executive compensation and stock ownership, with the latest filing being a Form 4.

What the Filing Says

The filing reveals that Bobek Therese M acquired 95.68 shares of phantom stock on October 30, 2026, at a price of $14.72 per share. Following this transaction, she owns a total of 28,264.17 shares of phantom stock and 21,543 shares of common 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." Additionally, she holds 9,186 restricted stock units that will vest over the next few years.

Impact

This update may affect stakeholders within Methode Electronics, including other executives and employees who participate in similar compensation plans. The filing showcases the company's ongoing commitment to aligning executive compensation with performance and shareholder interests.

What's Next

The filing does not say what happens next.