Leadership & Pay ·
Methode Electronics awarded time-based restricted stock units (RSUs) and performance-based restricted stock units…
MEIMethode Electronics Inc
Methode Electronics awarded time-based restricted stock units (RSUs) and performance-based restricted stock units (PSUs) to executive officers for its fiscal 2027 long-term incentive program. CEO Jonathan DeGaynor received 155,840 RSUs and 155,840 PSUs, while CFO Laura Kowalchik received 41,831 RSUs and 41,830 PSUs. Other executives including Lars Ullrich, John Erwin, and Kerry Vyverberg also received awards ranging from approximately 16,000 to 27,000 units each. Additionally, DeGaynor was granted a separate 150,000 time-based RSU award with a five-year cliff vesting period to support retention during the company's transformation. The PSUs are subject to performance metrics based on return on invested capital and total stockholder return over a three-year period ending in fiscal 2029. Methode Electronics manufactures electronic components and systems for automotive, medical, and industrial applications.