---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-127687"
form_type: "8-K"
ticker: "MEI"
cik: "0000065270"
company_name: "METHODE ELECTRONICS INC"
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-30T00:00:36.559595+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Methode Electronics settles disputes with former CEO Avinash Avula for $650,000

## Summary
- Company pays $650,000 lump sum to former CEO Avinash Avula to resolve claims from his May 1, 2024 separation.
- Settlement includes mutual release of claims between Methode and Avula, subject to limited exceptions.
- Parties will dismiss with prejudice all litigation and arbitration proceedings over Avula's employment.

## SEC filing metadata
- accession: 0000950170-24-127687
- form_type: 8-K
- ticker: MEI
- cik: 0000065270
- company_name: METHODE ELECTRONICS INC
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/65270/000095017024127687/0000950170-24-127687-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65270/000095017024127687/mei-20241111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-127687
- JSON: https://secwatch.observer/filing/0000950170-24-127687.json
- Plain text: https://secwatch.observer/filing/0000950170-24-127687.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.