Middleby director granted 1,161 restricted shares
Middleby Corp director Glenn A. Eisenberg reported an equity award of company stock.
Rhea-AI Filing Summary
Middleby Corp director Glenn A. Eisenberg reported an equity award of company stock. He acquired 1,161 shares of Middleby common stock on a grant basis at a stated price of $0.00 per share, reflecting a stock-based compensation award rather than an open-market purchase.
The award is structured as time-based restricted stock units, with each unit representing the right to receive one share of common stock on its vesting date. All 1,161 restricted stock units are scheduled to vest in full on March 6, 2027, after which the underlying shares will be issued to Eisenberg.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,161 shares
Grant/Award
1 txn
Insider
EISENBERG GLENN A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,161 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 1,161 shares (Direct)
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 Corp (MIDD) disclose for Glenn A. Eisenberg?
MIDDLEBY Corp disclosed that director Glenn A. Eisenberg received an award of 1,161 shares of common stock. The transaction was coded as a grant or other acquisition, with a reported price of $0.00 per share, indicating stock-based compensation rather than an open-market trade.
What type of equity award did Glenn A. Eisenberg receive from MIDDLEBY Corp (MIDD)?
Glenn A. Eisenberg received time-based restricted stock units from MIDDLEBY Corp. Each restricted stock unit corresponds to one share of common stock, to be delivered on the applicable vesting date, making this a stock compensation grant rather than a cash transaction or market purchase.
When do Glenn A. Eisenberg’s MIDDLEBY Corp restricted stock units vest?
All of Glenn A. Eisenberg’s restricted stock units are scheduled to vest in full on March 6, 2027. After that vesting date, the vested shares of MIDDLEBY Corp common stock will be issued to him, converting the units into actual share ownership.
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