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.