Middleby accounting chief receives 6,695-unit stock grant
One-third of the award vests on March 1 in each of 2027, 2028 and 2029.
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Rhea-AI Filing Summary
MIDDLEBY Corp (MIDD) Chief Accounting Officer Brittany C. Cerwin received an award of 6,695 time-based restricted stock units on October 2, 2026. Each unit represents a contingent right to receive one common share. One-third of the award vests on March 1, 2027, March 1, 2028, and March 1, 2029; vested shares are issued after each applicable vesting date. Her reported direct position following the award was 28,675 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 6,695 | -- | -- |
Footnotes (1)
- F1. These shares represent time-based restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date. These restricted stock units will vest 1/3 of amount on each of March 1, 2027, March 1, 2028 and March 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 financial
contingent right financial
applicable vesting date financial
FAQ
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How many restricted stock units did MIDD's chief accounting officer receive?
When do MIDD's restricted stock units vest?
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