STOCK TITAN

Director at MIDDLEBY (MIDD) receives 1,161 restricted stock units in equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Shah Tejas P. reported acquisition or exercise transactions in this Form 4 filing.

MIDDLEBY Corp director Tejas P. Shah received an equity award in the form of restricted stock units. On the reported date, he was granted 1,161 units of common stock at a stated price of $0.00 per share, reflecting a compensatory grant rather than an open‑market purchase.

Each restricted stock unit represents a contingent right to receive one share of MIDDLEBY common stock, and the award will vest in full on March 6, 2027. After this vesting date, vested shares will be issued to Shah, bringing his reported direct holdings to 3,409 shares following the transaction.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Shah Tejas P.

(Last) (First) (Middle)
1400 TOASTMASTER DRIVE

(Street)
ELGIN IL 60120

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MIDDLEBY Corp [ MIDD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/06/2026 A 1,161 A (1) 3,409 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
Michael D. Thompson POA 03/06/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did MIDDLEBY (MIDD) director Tejas P. Shah report?

Tejas P. Shah reported receiving an equity grant of 1,161 restricted stock units of MIDDLEBY common stock. The units were granted at a stated price of $0.00 per share as part of his director compensation, not through an open‑market purchase or sale.

How many MIDDLEBY (MIDD) shares does Tejas P. Shah hold after this Form 4 filing?

After the reported grant, Tejas P. Shah’s direct holdings total 3,409 shares of MIDDLEBY common stock. This total includes the newly awarded 1,161 restricted stock units that are scheduled to vest and be settled in shares at a future vesting date.

What type of equity award did Tejas P. Shah receive from MIDDLEBY (MIDD)?

He received time‑based restricted stock units tied to MIDDLEBY common stock. Each unit represents a contingent right to receive one share, meaning actual shares will only be issued to him after the stated vesting conditions and schedule are fully satisfied.

When do Tejas P. Shah’s MIDDLEBY (MIDD) restricted stock units vest?

The restricted stock units granted to Tejas P. Shah will vest in full on March 6, 2027. After that vesting date, MIDDLEBY will issue the corresponding number of common shares to him, converting the contingent units into actual stock ownership.

Did Tejas P. Shah buy MIDDLEBY (MIDD) shares on the open market in this Form 4?

No, this Form 4 shows a grant of restricted stock units, not an open‑market purchase. The 1,161 units were awarded at a stated price of $0.00 per share as compensation, and they convert into shares only after the vesting date is reached.
Middleby Corp

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7.55B
49.55M
Specialty Industrial Machinery
Refrigeration & Service Industry Machinery
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United States
ELGIN