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Midera Food Processing (MFP) grants RSUs after Middleby spin-off

(Neutral)
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Form Type
4

Rhea-AI Filing Summary

Midera Food Processing Chief Strategy Officer Matthew R. Fuchsen reported two equity awards. On July 20, 2026 he acquired 14,533 restricted stock units converted from The Middleby Corporation RSUs in connection with the spin-off, with 9,789 vesting March 1, 2027 and 4,744 vesting March 1, 2028. On July 30, 2026 he received 12,463 additional RSUs that vest 33% on July 1, 2027, 33% on July 1, 2028 and 34% on July 1, 2029. His holdings also include 38,268 common shares distributed in the spin-off in an exempt acquisition under Rule 16a-9.

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Insider Fuchsen Matthew R
Role Chief Strategy Officer
Type Security Shares Price Value
Grant/Award Common Stock F3 12,463 -- --
Grant/Award Common Stock F1, F2 14,533 -- --
Holdings After Transaction: Common Stock — 65,264 shares (Direct)
Footnotes (3)
  1. F1. These shares represent time-based restricted stock units ("RSUs") that have been converted from shares representing time-based RSUs of The Middleby Corporation ("Middleby") in connection with the spin-off of Issuer from Middleby (the "Spin-Off"). Each RSU represents a contingent right to receive one share of common stock on the applicable vesting date. 9,789 of these RSUs will vest on March 1, 2027 and 4,744 of these RSUs will vest on March 1, 2028. Vested shares will be issued to the reporting person after the applicable vesting date.
  2. F2. Includes 38,268 shares of common stock that have been acquired through a distribution in connection with the Spin-Off, in an exempt acquisition pursuant to Rule 16a-9 under the Securities Exchange Act of 1934, as amended.
  3. 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 33% of the amount on July 1, 2027, 33% of the amount on July 1, 2028 and 34% of the amount on July 1, 2029. Vested shares will be issued to the reporting person after the applicable vesting date.
RSUs converted in spin-off 14,533 shares Time-based RSUs received July 20, 2026 from The Middleby Corporation in connection with spin-off
New RSU grant 12,463 shares Time-based RSUs granted July 30, 2026 to Chief Strategy Officer Matthew R. Fuchsen
RSUs vesting March 1, 2027 9,789 shares Portion of converted RSUs scheduled to vest on March 1, 2027
RSUs vesting March 1, 2028 4,744 shares Remaining converted RSUs scheduled to vest on March 1, 2028
Spin-off distribution shares 38,268 shares Common shares acquired through distribution in connection with Midera’s spin-off under Rule 16a-9
time-based restricted stock units ("RSUs") financial
"These shares represent time-based restricted stock units ("RSUs") that have been converted"
Spin-Off financial
"in connection with the spin-off of Issuer from Middleby (the "Spin-Off")"
A spin-off happens when a company creates a new, independent business by separating part of itself, like splitting off a division into its own company. This often happens so the new company can focus better on its own goals or attract different investors. It matters because it can lead to more growth opportunities and clearer focus for both companies.
Rule 16a-9 regulatory
"in an exempt acquisition pursuant to Rule 16a-9 under the Securities Exchange Act"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What equity awards did Midera Food Processing (MFP) grant to Matthew R. Fuchsen?

Matthew R. Fuchsen received 14,533 restricted stock units on July 20, 2026, converted from Middleby RSUs, and 12,463 new RSUs on July 30, 2026. Each RSU represents a right to receive one Midera Food Processing common share upon vesting.

What is the vesting schedule for Matthew R. Fuchsen’s MFP RSUs?

For the 14,533 converted RSUs, 9,789 vest on March 1, 2027 and 4,744 vest on March 1, 2028. The 12,463 RSUs vest 33% on July 1, 2027, 33% on July 1, 2028 and 34% on July 1, 2029.

How is the Middleby spin-off reflected in Matthew R. Fuchsen’s MFP holdings?

In addition to RSUs, Matthew R. Fuchsen’s holdings include 38,268 Midera common shares acquired via a distribution in connection with the spin-off from The Middleby Corporation. This distribution was reported as an exempt acquisition under Rule 16a-9.

Were Matthew R. Fuchsen’s MFP transactions open-market purchases or sales?

The reported MFP transactions are equity awards and conversions, not open-market purchases or sales. They consist of time-based restricted stock units and common shares received through the corporate spin-off distribution, rather than discretionary trading in the company’s stock.

What does each RSU reported by Midera Food Processing (MFP) represent for Matthew R. Fuchsen?

Each reported RSU represents a contingent right to receive one share of Midera Food Processing common stock on the applicable vesting date. Actual shares are issued to Matthew R. Fuchsen only after the stated vesting dates are reached.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Fuchsen Matthew R

(Last)(First)(Middle)
10275 WEST HIGGINS ROAD, SUITE 300

(Street)
ROSEMONT ILLINOIS 60018

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Midera Food Processing, Inc. [ MFP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Strategy Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/20/2026A14,533A(1)52,801(2)D
Common Stock07/30/2026A12,463A(3)65,264D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares represent time-based restricted stock units ("RSUs") that have been converted from shares representing time-based RSUs of The Middleby Corporation ("Middleby") in connection with the spin-off of Issuer from Middleby (the "Spin-Off"). Each RSU represents a contingent right to receive one share of common stock on the applicable vesting date. 9,789 of these RSUs will vest on March 1, 2027 and 4,744 of these RSUs will vest on March 1, 2028. Vested shares will be issued to the reporting person after the applicable vesting date.
2. Includes 38,268 shares of common stock that have been acquired through a distribution in connection with the Spin-Off, in an exempt acquisition pursuant to Rule 16a-9 under the Securities Exchange Act of 1934, as amended.
3. 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 33% of the amount on July 1, 2027, 33% of the amount on July 1, 2028 and 34% of the amount on July 1, 2029. Vested shares will be issued to the reporting person after the applicable vesting date.
James J. Drake POA08/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)