T. Rowe Price Associates, Inc. reports beneficial ownership of common stock of MIDERA FOOD PROCESSI INC. It reports 6,267,313 shares beneficially owned, representing 13.9% of the common stock class. T. Rowe Price Associates has sole voting power over 5,945,670 shares and sole dispositive power over 6,266,533 shares, with no shared voting or dispositive power. The firm explains that dividends and sale proceeds are ultimately received by its individual and institutional advisory clients and that any discretionary authority granted to it can be revoked. T. Rowe Price Mid-Cap Value Fund, advised by T. Rowe Price Associates, holds 1,903,069 shares, stated as representing 16.7% of the class, with the right to receive dividends and sale proceeds on those securities. T. Rowe Price Associates affirmatively states that this filing should not be construed as an admission that it is the beneficial owner of these securities.
Positive
None.
Negative
None.
Key Figures
Beneficial ownership:6,267,313 sharesPercent of class:13.9%Sole voting power:5,945,670 shares+3 more
6 metrics
Beneficial ownership6,267,313 sharesShares of MIDERA FOOD PROCESSI INC common stock reported as beneficially owned
Percent of class13.9%Percentage of MIDERA FOOD PROCESSI INC common stock class reported as beneficially owned
Sole voting power5,945,670 sharesShares over which T. Rowe Price Associates has sole power to vote
Sole dispositive power6,266,533 sharesShares over which T. Rowe Price Associates has sole power to dispose
Mid-Cap Value Fund holdings1,903,069 sharesShares of MIDERA FOOD PROCESSI INC held by T. Rowe Price Mid-Cap Value Fund, stated as 16.7% of the class
Mid-Cap Value Fund percent16.7%Portion of the class attributed to T. Rowe Price Mid-Cap Value Fund in the filing
Key Terms
beneficially owned, sole dispositive power, sole voting power, percent of class, +1 more
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive powerfinancial
"sole power to dispose or to direct the disposition of: 6266533"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
sole voting powerfinancial
"Sole power to vote or to direct the vote: 5945670"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
percent of classfinancial
"(b) | Percent of class: 13.9 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Ownership of more than 5 Percent on Behalf of Another Personfinancial
"Item 6. | Ownership of more than 5 Percent on Behalf of Another Person."
How many MIDERA FOOD PROCESSI INC (MFP) shares does T. Rowe Price Associates report owning?
T. Rowe Price Associates reports 6,267,313 MIDERA FOOD PROCESSI INC common shares as beneficially owned, representing 13.9% of the class. It also reports sole voting power over 5,945,670 shares and sole dispositive power over 6,266,533 shares.
What percentage of MIDERA FOOD PROCESSI INC (MFP) does T. Rowe Price Associates report?
T. Rowe Price Associates reports beneficial ownership of 13.9% of MIDERA FOOD PROCESSI INC’s common stock. This corresponds to 6,267,313 shares, with all reported voting and dispositive authority held on a sole, not shared, basis.
How many MIDERA FOOD PROCESSI INC (MFP) shares are held by T. Rowe Price Mid-Cap Value Fund?
T. Rowe Price Mid-Cap Value Fund is reported as having an interest in 1,903,069 MIDERA FOOD PROCESSI INC shares. This stake is described as representing 16.7% of the class, with rights to dividends and proceeds from any sale.
Who ultimately receives dividends and sale proceeds from the MIDERA FOOD PROCESSI INC (MFP) shares?
According to the filing, individual and institutional clients of T. Rowe Price Associates ultimately receive dividends and sale proceeds. T. Rowe Price Associates does not act as custodian; its discretionary authority over client assets can be revoked at any time.
Does T. Rowe Price Associates admit beneficial ownership of MIDERA FOOD PROCESSI INC (MFP) shares?
T. Rowe Price Associates expressly states that this report should not be construed as an admission that it is the beneficial owner of the MIDERA FOOD PROCESSI INC shares described, and it formally denies such beneficial ownership.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
MIDERA FOOD PROCESSI INC
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
59739R104
(CUSIP Number)
07/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
59739R104
1
Names of Reporting Persons
T. Rowe Price Associates, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MARYLAND
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
5,945,670.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
6,266,533.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,267,313.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
13.9 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
MIDERA FOOD PROCESSI INC
(b)
Address of issuer's principal executive offices:
1400 TOASTMASTER DRIVE, ELGIN, IL, 60120
Item 2.
(a)
Name of person filing:
T. Rowe Price Associates, Inc.
(b)
Address or principal business office or, if none, residence:
1307 Point Street, Baltimore, MD 21231
(c)
Citizenship:
Maryland
(d)
Title of class of securities:
COMMON STOCK
(e)
CUSIP Number(s):
59739R104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
6267313
(b)
Percent of class:
13.9 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
5945670
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
6266533
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Ownership of More than Five Percent on Behalf of Another Person (1) Price Associates does not serve as custodian of the assets of any of its clients; accordingly, in each instance only the client or the client's custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the individual and institutional clients which Price Associates serves as investment adviser. Any and all discretionary authority which has been delegated to Price Associates may be revoked in whole or in part at any time. Except as may be indicated if this is a joint filing with one of the registered investment companies sponsored by Price Associates which it also serves as investment adviser ("T. Rowe Price Funds"), not more than 5% of the class of such securities is owned by any one client subject to the investment advice of Price Associates. (2) [T. ROWE PRICE MID-CAP VALUE FUND ]: T. ROWE PRICE MID-CAP VALUE FUND, of which T. Rowe Price Associates, Inc. is the investment adviser, holds the securities reported herein in their investment portfolio managed by T. Rowe Price Associates, Inc. and such funds have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities that they hold. T. ROWE PRICE MID-CAP VALUE FUND has an interest in 1,903,069 of the class reported herein representing 16.7% of the class.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. T. Rowe Price Associates, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Associates is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.