Middleby director gains 349 shares in spin-off adjustment

MIDDLEBY Corp (MIDD) director Christopher M. Hix reported acquiring 349 shares of common stock on July 20, 2026 through a reported conversion of a derivative security.

Rhea-AI Filing Summary

MIDDLEBY Corp (MIDD) director Christopher M. Hix reported acquiring 349 shares of common stock on July 20, 2026 through a reported conversion of a derivative security. After this transaction, his directly held common stock position is 1,510 shares. The conversion and resulting share count reflect an adjustment under an Employee Matters Agreement related to the completed spin-off of Midera Food Processing, Inc.

Insider Trade Summary

Conversion: 349 shares

Conversion 1 txn

Insider Hix Christopher M

Role Director

Type	Security	Shares	Price	Value
Conversion	Common Stock F1	349	--	--

Holdings After Transaction: Common Stock — 1,510 shares (Direct)

Footnotes (1)

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

Common stock acquired: 349 shares Shares directly held after transaction: 1,510 shares RSUs converted pre-adjustment: 1,161 RSUs +2 more

5 metrics

Common stock acquired 349 shares Shares of MIDDLEBY Corp common stock acquired on July 20, 2026 via conversion of derivative security

Shares directly held after transaction 1,510 shares Direct holdings of MIDDLEBY Corp common stock following the July 20, 2026 transaction

RSUs converted pre-adjustment 1,161 RSUs RSUs referenced in the footnote as being converted pursuant to the Employee Matters Agreement

RSUs after adjustment 1,510 RSUs RSUs referenced in the footnote as outstanding after adjustment under the Employee Matters Agreement

Spin-off completion date July 6, 2026 Date the spin-off of Midera Food Processing, Inc. from MIDDLEBY was completed

Key Terms

Conversion of derivative security, RSUs, Employee Matters Agreement, spin-off

4 terms

Conversion of derivative security financial

"transaction_code_description": "Conversion of derivative security"

RSUs financial

"Represents the conversion of 1,161 RSUs into 1,510 RSUs"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Employee Matters Agreement regulatory

"pursuant to the adjustment required by the Employee Matters Agreement entered into"

spin-off financial

"entered into in connection with the spin-off of Midera Food Processing, Inc."

A spin-off happens when a company creates a new, independent business by separating part of itself, like splitting off a division into its own company. This often happens so the new company can focus better on its own goals or attract different investors. It matters because it can lead to more growth opportunities and clearer focus for both companies.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did MIDD disclose for Christopher M. Hix on July 20, 2026?

MIDDLEBY Corp disclosed that Christopher M. Hix reported a conversion of a derivative security on July 20, 2026, resulting in the acquisition of 349 shares of common stock and bringing his directly held position to 1,510 shares.

How many MIDD shares does Christopher M. Hix hold after this Form 4 transaction?

After the reported transaction, Christopher M. Hix directly holds 1,510 shares of MIDDLEBY Corp common stock, as disclosed in the filing’s post-transaction holdings field.

What was the nature of the Form 4 transaction reported for MIDD?

The Form 4 reports a conversion of a derivative security (code C) that resulted in the acquisition of 349 shares of MIDDLEBY Corp common stock and an updated direct holding of 1,510 shares.

How do RSUs factor into the MIDD Form 4 for Christopher M. Hix?

A footnote states that the event represents the conversion of 1,161 RSUs into 1,510 RSUs, adjusted under an Employee Matters Agreement entered into in connection with the spin-off of Midera Food Processing, Inc.

Is the MIDD insider transaction related to a corporate spin-off?

Yes. The adjustment described in the footnote occurred under an 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.

Was the MIDD Form 4 transaction made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is false, indicating the transaction is not affirmed as made pursuant to a Rule 10b5-1 trading plan at the document level.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/28/2026 - 05:04 PM EDT Accepted by SEC EDGAR 08/28/2026 - 05:03 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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).

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^*

Hix Christopher M

(Last) (First) (Middle)

1400 TOASTMASTER DRIVE

(Street)

ELGIN ILLINOIS 60120

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MIDDLEBY Corp [ MIDD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/20/2026		C	V	349	A	(1)	1,510	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

	Michael D. Thompson POA	08/28/2026
	** Signature of Reporting Person	Date
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)