Middleby (NASDAQ: MIDD) adds shares after spin-off adjustment

Rhea-AI Filing Summary

MIDDLEBY Corp (MIDD) reported that Chief Commercial Officer Steve Spittle acquired 1,823 shares of Common Stock on July 20, 2026 through a conversion of a derivative security. A related footnote states this reflects an adjustment in restricted stock units under an Employee Matters Agreement tied to the completed spin-off of Midera Food Processing, Inc. on July 6, 2026. Following this transaction, Spittle directly held 56,414 common shares.

Insider Trade Summary

Net Buyer: 1,823 shares

Net Buy 1 txn

Insider Spittle Steve

Role Chief Commercial Officer

Type	Security	Shares	Price	Value
Conversion	Common Stock F1	1,823	--	--

Holdings After Transaction: Common Stock — 56,414 shares (Direct)

Footnotes (1)

1. F1. Represents the conversion of 6,080 RSUs into 7,903 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: 1,823 shares Common Stock holdings after transaction: 56,414 shares RSUs converted: 6,080 RSUs +2 more

5 metrics

Common Stock acquired 1,823 shares Shares acquired by Steve Spittle via derivative conversion on July 20, 2026

Common Stock holdings after transaction 56,414 shares Direct holdings of Steve Spittle following the July 20, 2026 transaction

RSUs converted 6,080 RSUs RSUs converted pursuant to Employee Matters Agreement related to spin-off

RSUs received after adjustment 7,903 RSUs Adjusted RSUs pursuant to Employee Matters Agreement for the spin-off

Spin-off completion date July 6, 2026 Completion date of spin-off of Midera Food Processing, Inc.

Key Terms

Form 4, restricted stock units, Employee Matters Agreement, spin-off

4 terms

Form 4 regulatory

"reported in a Form 4 filing by Chief Commercial Officer Steve Spittle"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

restricted stock units financial

"Represents the conversion of 6,080 RSUs into 7,903 RSUs pursuant"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Employee Matters Agreement regulatory

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

spin-off financial

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

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

What insider transaction did MIDDLEBY Corp (MIDD) report for Steve Spittle?

MIDDLEBY Corp reported that Chief Commercial Officer Steve Spittle acquired 1,823 shares of Common Stock on July 20, 2026 through a conversion of a derivative security, as shown in a Form 4 filing.

How many MIDD shares does Steve Spittle hold after the July 20, 2026 transaction?

After the July 20, 2026 transaction, Chief Commercial Officer Steve Spittle directly held 56,414 shares of MIDDLEBY Corp Common Stock, according to the Form 4 filing.

What was the nature of the July 20, 2026 Form 4 transaction for MIDD?

The July 20, 2026 Form 4 for MIDDLEBY Corp reports a conversion of a derivative security (code C) resulting in the acquisition of 1,823 shares of Common Stock by Chief Commercial Officer Steve Spittle.

How is the MIDD transaction related to the Midera Food Processing, Inc. spin-off?

A footnote states the event represents the conversion of 6,080 RSUs into 7,903 RSUs pursuant to an adjustment required by an Employee Matters Agreement entered into in connection with the spin-off of Midera Food Processing, Inc., completed on July 6, 2026.

Was the July 20, 2026 MIDD insider transaction executed under a Rule 10b5-1 plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not checked, and there is no footnote stating that the July 20, 2026 transaction was made pursuant to a Rule 10b5-1 trading plan.

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Available on EDGAR 08/28/2026 - 05:16 PM Accepted by SEC EDGAR 08/28/2026 - 05:15 PM 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^*

Spittle Steve

(Last) (First) (Middle)

C/O THE MIDDLEBY CORPORATION

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)

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

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	1,823	A	(1)	56,414	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 6,080 RSUs into 7,903 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)