Middleby CCO acquires 1,823 shares via conversion
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.
Sentiment and the balance of points
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Common Stock F1 | 1,823 | -- | -- |
Footnotes (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
Key Terms
Form 4 regulatory
restricted stock units financial
Employee Matters Agreement regulatory
spin-off financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MIDDLEBY Corp (MIDD) report for Steve Spittle?
What was the nature of the July 20, 2026 Form 4 transaction for MIDD?
Was the July 20, 2026 MIDD insider transaction executed under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.