Middleby director receives 1,161 restricted stock units
GARDEN EDWARD P reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
GARDEN EDWARD P reported acquisition or exercise transactions in this Form 4 filing.
Middleby Corp director Edward P. Garden received a grant of 1,161 restricted stock units of common stock on March 6, 2026. These units were awarded at no cash cost and will vest in full on March 6, 2027, after which shares will be delivered to him. Following this award, he directly holds 2,269 common shares. A separate indirect holding line reflects 3,379,737 shares held by GI SPV I, an entity associated with Garden, for which he may be deemed an indirect beneficial owner only to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,161 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- 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 in full on March 6, 2027. Vested shares will be issued to the reporting person after the applicable vesting date.
- F2. Reflects securities held directly by GI SPV I. Mr. Garden is the sole member of Garden Investment Management GP, LLC, which serves as the general partner of Garden Investment Management, L.P., which serves as the management company for GI SPV I. Accordingly, Mr. Garden may be deemed to indirectly beneficially own (as that term is defined in Rule 16a-1(a) under the Exchange Act) the securities of the Issuer beneficially owned by GI SPV I. Mr. Garden disclaims beneficial ownership of such securities except to the extent of his pecuniary interests therein, and this report shall not be deemed an admission that Mr. Garden is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.
FAQ
What insider transaction did Edward P. Garden report for MIDD?
When do Edward P. Garden’s 1,161 Middleby restricted stock units vest?
What does the Form 4 say about Edward P. Garden’s beneficial ownership through GI SPV I?
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