Middleby director granted 1,161 restricted shares
OBRIEN GORDON reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
OBRIEN GORDON reported acquisition or exercise transactions in this Form 4 filing.
MIDDLEBY Corp director Gordon O’Brien reported an equity award of 1,161 shares of common stock in the form of time-based restricted stock units. Each unit represents one share that will vest in full on March 6, 2027, with shares issued after that date.
After this award, O’Brien directly holds 17,515 shares of common stock. In addition, 25,900 shares are held indirectly through a family trust, where he serves as both trustee and beneficiary.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,161 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- 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.
- F2. These shares are held by a family trust, of which the reporting person is the trustee and a beneficiary.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MIDD director Gordon O’Brien report?
When do Gordon O’Brien’s 1,161 restricted stock units in MIDD vest?
What does it mean that MIDD units are time-based restricted stock units?
Is Gordon O’Brien’s reported MIDD transaction a stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.