MIDDLEBY (MIDD) CAO surrenders shares to cover RSU tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MIDDLEBY Corp Chief Accounting Officer Brittany C. Cerwin reported a tax-related share disposition. On the vesting of time-based restricted stock units, 1,256 shares of common stock were surrendered at $168.86 per share to cover her tax liability. After this tax-withholding disposition, she directly owns 20,097 shares of MIDDLEBY common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cerwin Brittany C
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,256 | $168.86 | $212K |
Holdings After Transaction:
Common Stock — 20,097 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did MIDDLEBY (MIDD) report for Brittany C. Cerwin?
MIDDLEBY reported that Chief Accounting Officer Brittany C. Cerwin surrendered 1,256 common shares to cover taxes due on vesting restricted stock units. This tax-withholding disposition was reported on a Form 4 insider filing with direct ownership remaining afterward.
What does transaction code F mean in the MIDD Form 4 filing?
Transaction code F indicates a tax-withholding disposition, where shares are delivered to pay exercise price or tax obligations. In this MIDD filing, shares were surrendered to cover Brittany C. Cerwin’s tax liability on vesting time-based restricted stock units.