secwatch.observer — SEC 8-K summary
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Issuer:     METHODE ELECTRONICS INC (MEI)
CIK:        0000065270
Form:       8-K
Filed at:   2024-07-29T23:59:59+00:00
Accession:  0000950170-24-087333
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Methode execs elect to receive FY2024 bonuses as RSUs: 44,746 for Martin, 32,734 for Barry
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- Kevin M. Martin elected to receive his annual performance-based bonus as 44,746 RSUs.
- Andrea J. Barry elected to receive her bonus as 32,734 RSUs.
- RSUs vest on March 7, 2025, subject to continued service or earlier termination without cause, death, disability.
- Compensation Committee offered equity election to align executive interests with stockholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/65270/000095017024087333/0000950170-24-087333-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/65270/000095017024087333/mei-20240725.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-087333

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer