{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-048467","form_type":"8-K","ticker":"MEI","cik":"0000065270","company_name":"METHODE ELECTRONICS INC","filed_at":"2023-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.413420+00:00","generated_at":"2026-06-10T15:30:50.066133+00:00","sec_items":["5.02","5.07","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Methode Electronics grants $2.1M retention awards to four top execs through Sept 2025 amid CEO transition","bullets":["Retention awards: CFO Tsoumas $500k, CAO Barry $750k, VP Martin $440k, GC Vyverberg $425k; cash payable after Sept 12, 2025 if employed.","Awards aim to ensure leadership continuity during CEO search following Duda's announced retirement (Aug 31, 2023).","Accelerated full payout if terminated without cause, death, disability, or good reason after change of control.","Annual meeting results: all 11 directors elected; say-on-pay approved; Ernst & Young ratified as auditor for FY2024; annual say-on-pay frequency adopted."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-048467","json":"https://secwatch.observer/filing/0000950170-23-048467.json","markdown":"https://secwatch.observer/filing/0000950170-23-048467.md","text":"https://secwatch.observer/filing/0000950170-23-048467.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/65270/000095017023048467/0000950170-23-048467-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/65270/000095017023048467/mei-20230913.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T15:30:50.066133+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"08679e7525b14fefdfad6061fd1546b314574e2a","claim":"METHODE ELECTRONICS INC shareholders approved Advisory vote on frequency of advisory votes on named executive officer compensation at the 2023-09-13 meeting.","evidence_excerpt":"Advisory vote to recommend the frequency of advisory votes on named executive officer compensation: 1 Year 2 Year 3 Year Abstain 29,810,081 3,018 2,568,701 14,385","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/65270/000095017023048467/0000950170-23-048467-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-09-13"}],"fact_type":"shareholder_vote"},{"claim_id":"3052a7780a7d17d92564f0ec368817b5f750bac3","claim":"METHODE ELECTRONICS INC shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm at the 2023-09-13 meeting.","evidence_excerpt":"Ratification of Ernst & Young LLP to serve as the Company’s independent registered public accounting firm: For Against Abstain Broker Non-Votes 32,411,923 1,155,460 21,612 --","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/65270/000095017023048467/0000950170-23-048467-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-09-13"}],"fact_type":"shareholder_vote"},{"claim_id":"33bdd2173f0940238896393a0c8318eff5875d7b","claim":"METHODE ELECTRONICS INC shareholders approved Advisory vote to approve named executive officer compensation at the 2023-09-13 meeting.","evidence_excerpt":"Advisory vote to approve the Company’s named executive officer compensation: For Against Abstain Broker Non-Votes 31,368,515 1,010,100 17,570 1,192,810","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/65270/000095017023048467/0000950170-23-048467-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-09-13"}],"fact_type":"shareholder_vote"},{"claim_id":"495aaa196af2c86a8313fdd68d97677bf89fa91b","claim":"METHODE ELECTRONICS INC shareholders approved Election of eleven directors at the 2023-09-13 meeting.","evidence_excerpt":"At the annual meeting of stockholders of Methode Electronics, Inc. (the “Company”) held on September 13, 2023, the stockholders voted on proposals to (i) elect eleven (11) directors to hold office until the next annual meeting of stockholders or until their successors are elected and qualified","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/65270/000095017023048467/0000950170-23-048467-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-09-13"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}