MIDDLEBY director granted 1,161 restricted stock units
Scherger Stephen R. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Scherger Stephen R. reported acquisition or exercise transactions in this Form 4 filing.
MIDDLEBY Corp director Stephen R. Scherger reported an equity award of 1,161 shares of common stock in the form of time-based restricted stock units. The grant was recorded on March 6, 2026 and is held as direct ownership.
Each restricted stock unit represents a contingent right to receive one share of MIDDLEBY common stock, and the units will vest in full on March 6, 2027. Vested shares will be issued to Scherger after the vesting date, and his direct holdings following the award total 5,409 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,161 | $0.00 | $0.00 |
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 did MIDDLEBY (MIDD) director Stephen R. Scherger report in this Form 4 filing?
When do Stephen Scherger’s MIDDLEBY (MIDD) restricted stock units vest?
Was there a purchase price on Stephen Scherger’s MIDDLEBY (MIDD) restricted stock unit grant?
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