MEI METHODE ELECTRONICS INC Insider Trading

SVP Lars Ullrich buys 15,150 shares of MEI at $6.69 as stock down -54.4% from 52-week high

Lars Ullrich, SVP Global Automotive Business, purchased 15,150 shares at $6.69 on 2025-03-14, establishing an initial position in Methode Electronics. The transaction occurs in a context of severe price weakness: the stock trades at $6.40 (current), down -54.4% from its 52-week high of $14.02 and down -47.1% over the past 90 days. Methode's fundamentals show the company unprofitable over its most recent full fiscal year with a net income of $-14,400,000.00, alongside declining revenues (annual growth of -5.5%). This purchase by a senior operating executive occurs while the company is struggling operationally and the equity is deeply depressed relative to recent history, meriting observation of whether additional insider activity or fundamental stabilization follows.

CEO DeGaynor buys 32,733 MEI shares at $6.46; stock down 56.3% from 52-week high amid -$14.4M loss

CEO Jonathan B DeGaynor purchased 32,733 shares at $6.46 on 2025-03-11, establishing his first recorded holdings in Methode Electronics (MEI) worth $211,356.98 total. The purchase occurs in a sharply deteriorated context: the stock trades -56.3% below its 52-week high of $14.49, has fallen 37.4% over the past 30 days and 51.8% over 90 days, and the company posted a net loss of $14,400,000.00 in its most recent quarter while revenue declined 5.5% year-over-year. This initial insider purchase by the sitting CEO at a significantly depressed valuation, combined with the company's ongoing unprofitability, creates a tension that warrants careful investor attention to whether this reflects confidence in a turnaround or simply a low entry point for equity-based compensation alignment.

Director Mary A. Lindsey bought 8,800 shares of MEI at $11.38 on 2024-09-23, raising holdings to 26.0K shares (+51.3%).

Director Mary A. Lindsey purchased 8,800 shares for $100,107.92, increasing her position by 51.3% to 26.0K shares. The purchase occurred at $11.38, which is $0.23 above the current price of $11.15 and significantly below the 52-week high of $25.51. The company is operating in a challenging environment: it reported negative net income of $-18,300,000.00 in its latest quarter, is unprofitable on a full-year basis, and faces declining annual revenue growth of -5.5%. The 51.3% increase in holdings is material, but the combination of the company's negative earnings, revenue contraction, and the stock's sharp 56.3% decline from its 52-week high creates uncertainty about the strategic rationale for this accumulation at this time.

Director Blom David P purchased 9,320 shares of MEI at $10.81 on 2024-09-18, expanding holdings 33.0%.

Director Blom acquired 9,320 shares at $10.81, increasing his position from 28,211 shares to 37,531 shares—a 33.0% increase in holdings. The transaction occurred when MEI stock is -55.2% below its 52-week high of $25.51 and the company faces current unprofitability with net income of -$18.3M over its most recent full fiscal year, alongside -5.5% annual revenue contraction. The buy occurred at a depressed point in the stock's recent range (current price $11.42 is only $0.61 above the purchase price, and the stock has recovered +10.9% over the prior 30 days and +11.7% over 90 days), suggesting the director executed this purchase during a period of overshooting downside. This buy is material relative to the director's existing holdings but occurs in a context of operational headwinds that warrant monitoring of near-term profitability trajectory.