Midera director updates RSU and spin-off holdings
Midera Food Processing, Inc. (MFP) reports that director Cathy L. McCarthy filed an amended Form 4 to correct a prior administrative error related to RSUs tied to Midera’s spin-off from The Middleby Corporation.
Rhea-AI Filing Summary
Midera Food Processing, Inc. (MFP) reports that director Cathy L. McCarthy filed an amended Form 4 to correct a prior administrative error related to RSUs tied to Midera’s spin-off from The Middleby Corporation. The amendment confirms two equity awards in Midera common stock: 1,870 time-based RSUs that vested in full on July 30, 2026, and 3,802 time-based RSUs scheduled to vest in full on March 19, 2027. A footnote also states that McCarthy has 9,719 shares of common stock that were acquired via a distribution in connection with the spin-off in an exempt acquisition under Rule 16a-9.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 1,870 | -- | -- |
| Grant/Award | Common Stock F3 | 3,802 | -- | -- |
Footnotes (3)
- F1. These shares represent time-based restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock on the applicable vesting date. These RSUs vested in full on July 30, 2026. Vested shares will be issued to the reporting person after the applicable vesting date.
- F2. Includes 9,719 shares of common stock that have been acquired through a distribution in connection with the spin-off (the "Spin-Off") of the Issuer from The Middleby Corporation ("Middleby"), in an exempt acquisition pursuant to Rule 16a-9 under the Securities Exchange Act of 1934, as amended.
- F3. These shares represent time-based RSUs. Each RSU represents a contingent right to receive one share of common stock on the applicable vesting date. These RSUs will vest in full on March 19, 2027. Vested shares will be issued to the reporting person after the applicable vesting date.
Key Figures
Key Terms
restricted stock units financial
Spin-Off financial
Rule 16a-9 regulatory
time-based RSUs financial
FAQ
What does Midera Food Processing (MFP) disclose in this Form 4/A amendment?
How many MFP RSUs did Cathy McCarthy have vest on July 30, 2026?
What future RSU vesting is reported for Cathy McCarthy at MFP?
Did the MFP Form 4/A involve any insider sales or purchases on the market?
AI-generated analysis. How Rhea-AI works. Not financial advice.