Middleby (NASDAQ: MIDD) CEO surrenders shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Middleby Corp CEO Timothy J. FitzGerald reported a tax-related share disposition. On March 1, 2026, 6,486 shares of Middleby common stock were surrendered at an implied price of $168.86 per share to cover his tax liability from vesting time-based RSUs.
After this tax-withholding disposition, FitzGerald directly owned 340,487 Middleby shares. He also reported indirect holdings of 25,200 shares held by his spouse and children, 20,000 shares in the Timothy J. FitzGerald 2012 Gift Trust, and 56,250 shares in the Andrea C. FitzGerald 2012 Gift Trust, with beneficial ownership disclaimed except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
FITZGERALD TIMOTHY JOHN
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 6,486 | $168.86 | $1.10M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 340,487 shares (Direct);
Common Stock — 25,200 shares (Indirect, By Spouse and Children)
Footnotes (1)
- Transaction related to the surrender of shares to fund reporting person's tax liability in connection with vesting of time-based RSUs. The reporting person is the spouse of the trustee and a beneficiary of the Timothy J. FitzGerald 2012 Gift Trust. Beneficial ownership is disclaimed except to the extent of the reporting person's pecuniary interest therein. This filing shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this filing. The reporting person is the trustee and a beneficiary of the Andrea C. FitzGerald 2012 Gift Trust. Beneficial ownership is disclaimed except to the extent of the reporting person's pecuniary interest therein. This filing shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this filing.
FAQ
What insider transaction did MIDD CEO Timothy J. FitzGerald report on March 1, 2026?
Timothy J. FitzGerald reported a tax-related share disposition on March 1, 2026. 6,486 Middleby common shares were surrendered to cover his tax liability arising from vesting time-based RSUs, rather than being sold in an open-market transaction.
What indirect MIDDLEBY Corp (MIDD) holdings are associated with the CEO and his family?
Indirect holdings reported include 25,200 shares held by his spouse and children, 20,000 shares in the Timothy J. FitzGerald 2012 Gift Trust, and 56,250 shares in the Andrea C. FitzGerald 2012 Gift Trust, with beneficial ownership disclaimed except for his pecuniary interest.