{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-082851","form_type":"8-K","ticker":"MEI","cik":"0000065270","company_name":"METHODE ELECTRONICS INC","filed_at":"2024-07-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.609028+00:00","generated_at":"2026-05-31T21:53:40.128431+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Methode Electronics Q4 net loss $57.3M, goodwill impairment $49.4M; guidance cautious","bullets":["Net sales $277.3M vs $301.2M YoY; adjusted EPS loss $0.23 vs $0.22 gain.","Automotive segment sales down 21.6% to $145.9M; $49.4M goodwill impairment in North America.","Appointed David Rawden as interim CFO effective July 12, 2024 upon Tsoumas retirement.","Fiscal 2025 outlook: flat organic sales, near breakeven pre-tax; Q1 similar to Q4 FY2024 loss.","New $200M share buyback authorized through June 2026; prior program expired."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-082851","json":"https://secwatch.observer/filing/0000950170-24-082851.json","markdown":"https://secwatch.observer/filing/0000950170-24-082851.md","text":"https://secwatch.observer/filing/0000950170-24-082851.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/65270/000095017024082851/0000950170-24-082851-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/65270/000095017024082851/mei-20240708.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T21:53:40.128431+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":"50e507a393","claim":"Ronald L.G. Tsoumas retired as Chief Financial Officer at METHODE ELECTRONICS INC.","evidence_excerpt":"effective as of July 12, 2024, the effective date of Mr. Tsoumas’s retirement.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/65270/000095017024082851/0000950170-24-082851-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"ccd061401d","claim":"David Rawden was appointed as Interim Chief Financial Officer at METHODE ELECTRONICS INC.","evidence_excerpt":"On July 8, 2024, the Board appointed Mr. Rawden to the office of Interim Chief Financial Officer effective as of July 12, 2024, the effective date of Mr. Tsoumas’s retirement.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/65270/000095017024082851/0000950170-24-082851-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}