Middleby director granted 1,161 restricted stock units
Bowerman Julie reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Bowerman Julie reported acquisition or exercise transactions in this Form 4 filing.
Middleby Corp director Julie Bowerman received an equity award of 1,161 shares of common stock in the form of time-based restricted stock units. The grant was recorded at a price of $0.0000 per share and increased her directly held stake to 2,269 shares.
Each restricted stock unit represents a contingent right to receive one share of common stock, and the units will vest in full on March 6, 2027. Vested shares will be issued to Bowerman after that vesting date, aligning her compensation more closely with shareholder outcomes over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,161 | $0.00 | $0.00 |
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 in full on March 6, 2027. Vested shares will be issued to the reporting person after the applicable vesting date.
FAQ
What insider transaction did Middleby (MIDD) director Julie Bowerman report?
What type of equity did Julie Bowerman receive from Middleby (MIDD)?
When do Julie Bowerman’s Middleby (MIDD) restricted stock units vest?
How is the acquisition on this Middleby (MIDD) Form 4 classified?
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