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Midera Food Processing (MFP) awards 3,615 time-based RSUs to director

(Neutral)
(Neutral)
Form Type
4

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.

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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)
  1. 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.
  2. 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.
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
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"

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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.
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*
Glerum James T Jr.

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/30/2026
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 Stock07/30/2026A624A(1)624D
Common Stock07/30/2026A3,615A(2)4,239D
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 fully vested restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock on the applicable vesting date.
2. 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.
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)