Midera Food Processing officer receives RSU awards
Midera Food Processing Chief Strategy Officer Matthew R. Fuchsen reported two equity awards.
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 Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F3 | 12,463 | -- | -- |
| Grant/Award | Common Stock F1, F2 | 14,533 | -- | -- |
Footnotes (3)
- 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.
- 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.
- 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.
Key Figures
Key Terms
time-based restricted stock units ("RSUs") financial
Spin-Off financial
Rule 16a-9 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Midera Food Processing (MFP) grant to Matthew R. Fuchsen?
What is the vesting schedule for Matthew R. Fuchsen’s MFP RSUs?
How is the Middleby spin-off reflected in Matthew R. Fuchsen’s MFP holdings?
Were Matthew R. Fuchsen’s MFP transactions open-market purchases or sales?
What does each RSU reported by Midera Food Processing (MFP) represent for Matthew R. Fuchsen?
AI-generated analysis. How Rhea-AI works. Not financial advice.