Midera Food Processing (MFP) awards 3,615 time-based RSUs to director
Rhea-AI Filing Summary
Midera Food Processing, Inc. director James T Jr. Glerum reported two stock-based award acquisitions of common stock on July 30, 2026, under a Rule 10b5-1 trading plan. He received 624 fully vested restricted stock units and 3,615 time-based RSUs that vest in full on March 19, 2027, each representing a contingent right to one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 4,239 shares
Net Buy
2 txns
Insider
Glerum James T Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 624 | -- | -- |
| Grant/Award | Common Stock F2 | 3,615 | -- | -- |
Holdings After Transaction:
Common Stock — 4,239 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. 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 shares
Time-based RSUs granted: 3,615 shares
Vesting date for time-based RSUs: March 19, 2027
+2 more
5 metrics
Fully vested RSUs granted
624 shares
Grant to director James T Jr. Glerum on July 30, 2026
Time-based RSUs granted
3,615 shares
Time-based RSU award to James T Jr. Glerum on July 30, 2026
Vesting date for time-based RSUs
March 19, 2027
Date when 3,615 time-based RSUs vest in full
RSU to share ratio
1 RSU : 1 share
Each RSU represents a contingent right to receive one share of common stock
Reported stock-based transactions
2 transactions
Two non-derivative grant/award acquisitions of common stock-linked RSUs
Key Terms
restricted stock units ("RSUs"), time-based RSUs, vesting date, contingent right to receive
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."
vesting date financial
"receive one share of common stock on the applicable vesting date."
contingent right to receive financial
"Each RSU represents a contingent right to receive one share of common stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Midera Food Processing (MFP) director James T Jr. Glerum report?
James T Jr. Glerum reported two stock-based award acquisitions of Midera Food Processing common stock. He received 624 fully vested restricted stock units and 3,615 time-based RSUs, both settled in shares, with all activity dated July 30, 2026.
How many restricted stock units did Midera Food Processing (MFP) grant to James T Jr. Glerum?
James T Jr. Glerum received 624 fully vested RSUs and 3,615 time-based RSUs linked to Midera Food Processing common stock. Each restricted stock unit represents a contingent right to receive one share of common stock upon the applicable vesting date.
When do the time-based RSUs granted by Midera Food Processing (MFP) to James T Jr. Glerum vest?
The 3,615 time-based RSUs vest in full on March 19, 2027. After that vesting date, the vested shares of Midera Food Processing common stock will be issued to James T Jr. Glerum, as described in the award terms.
What is the nature of the fully vested RSUs reported for Midera Food Processing (MFP)?
The 624 fully vested RSUs represent stock-based awards already vested for James T Jr. Glerum. Each RSU provides a contingent right to receive one share of Midera Food Processing common stock on the applicable vesting or settlement date.
Were James T Jr. Glerum’s Midera Food Processing (MFP) RSU transactions under a Rule 10b5-1 plan?
Yes. The company affirmed that the reported RSU transactions were effected under a Rule 10b5-1 trading plan. Such pre-arranged plans allow insiders to schedule transactions according to preset terms, independent of later material nonpublic information.
What does each Midera Food Processing (MFP) RSU represent for James T Jr. Glerum?
Each RSU granted to James T Jr. Glerum represents a contingent right to receive one share of Midera Food Processing common stock. The shares are issued after the applicable vesting date specified for each restricted stock unit award.