other_material
confidence high
sentiment neutral
materiality 0.35
Methode Electronics awards RSUs and PSUs to executives under 2026 LTI program
METHODE ELECTRONICS INC
- CEO Jonathan DeGaynor granted 328,520 RSUs and 328,520 target PSUs.
- CFO Laura Kowalchik granted 78,310 RSUs and 78,310 target PSUs.
- RSUs vest over 3 years (33%/33%/34%); PSUs based on ROIC (60%) and TSR (40%) over FY2028.
- Grants made under the 2022 Omnibus Incentive Plan; dividend equivalents paid only on vested shares.
- Compensation Committee adopted after review with consultant Frederic W. Cook & Co. and investor feedback.
item 5.02item 9.01