Midera Food Processing (MFP) director granted RSUs for Garden Investment Management
Rhea-AI Filing Summary
Midera Food Processing, Inc. director Brian M. Jacoby reported two equity award acquisitions on July 30, 2026: 624 fully vested RSUs and 3,615 time-based RSUs vesting March 19, 2027. The awards are held for Garden Investment Management, which receives all economic interest, under a Rule 10b5-1 plan, and Jacoby disclaims beneficial ownership except for any indirect interest through GI.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Buyer: 4,239 shares
Net Buy
2 txns
Insider
Jacoby Brian M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 624 | -- | -- |
| Grant/Award | Common Stock F1, F3 | 3,615 | -- | -- |
Holdings After Transaction:
Common Stock — 4,239 shares (Direct)
Footnotes (3)
- F1. Mr. Jacoby holds these securities for the benefit of Garden Investment Management, L.P. and its designated affiliates (collectively, "GI"). Mr. Jacoby does not have a right to any economic interest in securities of the Issuer granted to him by the Issuer in respect of his Board position. GI is entitled to receive all of the economic interest in securities granted to Mr. Jacoby by the Issuer in respect of Mr. Jacoby's Board position. Mr. Jacoby disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Mr. Jacoby had any economic interest in such securities except any indirect economic interest through GI (in which he does not have a controlling interest and does not have investment control).
- F2. These shares represent fully vested restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock on the applicable vesting date.
- 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
Fully vested RSUs granted: 624.0000 shares
Time-based RSUs granted: 3615.0000 shares
Transaction count: 2
+1 more
4 metrics
Fully vested RSUs granted
624.0000 shares
Fully vested RSUs in common stock granted on 2026-07-30
Time-based RSUs granted
3615.0000 shares
Time-based RSUs vesting in full on March 19, 2027
Transaction count
2
Non-derivative equity award acquisitions reported for director Brian M. Jacoby
RSU vesting date
March 19, 2027
All time-based RSUs reported will vest on this date
Key Terms
restricted stock units ("RSUs"), time-based RSUs, beneficial ownership, economic interest
4 terms
restricted stock units ("RSUs") financial
"These shares represent fully vested restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
time-based RSUs financial
"These shares represent time-based RSUs."
beneficial ownership financial
"Mr. Jacoby disclaims beneficial ownership of the Issuer's securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
economic interest financial
"GI is entitled to receive all of the economic interest in securities"
An economic interest is a right to receive money or other financial benefits from an asset, contract, or business activity without necessarily owning or controlling it; examples include a share of profits, royalties, dividend rights, or scheduled payments. Investors care because it determines who gets cash flow and bears risk — like collecting rent on a house you don’t legally own — and it affects valuation, expected returns, and how exposure to an investment is structured.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did Midera Food Processing (MFP) director Brian Jacoby report?
Brian Jacoby reported grants of 624 fully vested restricted stock units (RSUs) and 3,615 time-based RSUs in Midera Food Processing common stock on July 30, 2026. Each RSU represents a contingent right to receive one share of common stock, subject to vesting terms.
Who holds the economic interest in the RSUs reported for MFP director Brian Jacoby?
All economic interest in the reported securities belongs to Garden Investment Management, L.P. and its designated affiliates. The RSUs are held for GI’s benefit, and Jacoby states he has no direct economic interest, only a possible indirect interest through GI without controlling investment authority.
When do the time-based RSUs reported by MFP director Jacoby fully vest?
The 3,615 time-based RSUs will vest in full on March 19, 2027. After that vesting date, vested shares of Midera Food Processing common stock will be issued to the reporting person, while the economic benefit of those shares is allocated to Garden Investment Management.
Were Jacoby’s MFP equity awards made under a Rule 10b5-1 trading plan?
Yes. The filing indicates the transactions were made under a Rule 10b5-1 trading or award plan. This means the terms were established in advance, which can reduce the significance of trade timing as an indicator of the director’s current views on Midera Food Processing.