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CHICAGO (AP) -- Methode Electronics Inc., which makes electronic components and subsystem devices, said Friday Chief Executive Donald W. Duda set up a prearranged trading plan to sell up to 100,000 shares underlying options. The 10b5-1 trading plan allows a company insider to set up a program in advance for buying shares and exercising options and proceed with them even if he or she comes into possession of material non-public information. Methode Electronics shares fell 9 cents to close at $15.97.
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