Middleby director adds 349 shares via RSU conversion
MIDDLEBY Corp (MIDD) reported that director Glenn A. Eisenberg acquired 349 shares of common stock on July 20, 2026 through a reported conversion of a derivative security.
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Rhea-AI Filing Summary
MIDDLEBY Corp (MIDD) reported that director Glenn A. Eisenberg acquired 349 shares of common stock on July 20, 2026 through a reported conversion of a derivative security. Following this transaction, he directly holds 1,510 shares. A footnote states this represents the conversion of 1,161 RSUs into 1,510 RSUs pursuant to an Employee Matters Agreement related to the spin-off of Midera Food Processing, Inc., completed on July 6, 2026.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Common Stock F1 | 349 | -- | -- |
Footnotes (1)
- F1. Represents the conversion of 1,161 RSUs into 1,510 RSUs pursuant to the adjustment required by the Employee Matters Agreement entered into in connection with the spin-off of Midera Food Processing, Inc. from Middleby, which was completed on July 6, 2026.
Key Figures
Key Terms
RSUs financial
Employee Matters Agreement financial
spin-off financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MIDD report for Glenn A. Eisenberg?
What was the size of the derivative conversion reported by MIDD?
How are RSUs referenced in this MIDD Form 4 filing?
What corporate action is linked to the RSU adjustment at MIDD?
AI-generated analysis. How Rhea-AI works. Not financial advice.