Middleby director granted 1,161 restricted stock units
Nerbonne Robert A reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Nerbonne Robert A reported acquisition or exercise transactions in this Form 4 filing.
Middleby Corp director Robert A. Nerbonne received a grant of 1,161 time-based restricted stock units of common stock on March 6, 2026. The award was recorded at a price of $0.0000 per unit and will vest in full on March 6, 2027, after which vested shares will be issued to him.
Following this grant, Nerbonne directly holds 4,691 shares of common stock. He also has indirect ownership, through an irrevocable trust, of 21,471 shares of common stock, reflecting his broader equity exposure to Middleby.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,161 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Middleby (MIDD) director Robert A. Nerbonne report?
When do Robert A. Nerbonne’s Middleby (MIDD) restricted stock units vest?
What indirect holdings in Middleby (MIDD) stock does Robert A. Nerbonne report?
What does the Form 4 say about the nature of Nerbonne’s new Middleby (MIDD) award?
Was cash paid for Robert A. Nerbonne’s newly granted Middleby (MIDD) restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.