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MIDDLEBY (MIDD) CAO surrenders shares to cover RSU tax liability

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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

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Negative

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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*
Cerwin Brittany C

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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 03/01/2026 F 1,256 D $168.86(1) 20,097 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. Transaction related to the surrender of shares to fund reporting person's tax liability in connection with vesting of time-based RSUs.
Remarks:
Michael D. Thompson POA 03/03/2026
** 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) 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.

Was the MIDD insider transaction an open-market sale of shares?

No, the MIDD insider transaction was not an open-market sale. Shares were surrendered to satisfy Brittany C. Cerwin’s tax liability tied to vesting time-based RSUs, a common administrative mechanism rather than a discretionary sale into the market.

How many MIDDLEBY (MIDD) shares were disposed of in this Form 4 filing?

The Form 4 shows 1,256 MIDDLEBY common shares disposed of at a price of $168.86 per share. These shares were surrendered specifically to fund the reporting person’s tax liability when time-based restricted stock units vested.

How many MIDDLEBY (MIDD) shares does Brittany C. Cerwin own after the transaction?

After the tax-withholding disposition, Brittany C. Cerwin directly owns 20,097 MIDDLEBY common shares. This post-transaction holding figure reflects her remaining direct ownership following the surrender of shares to cover taxes on vesting RSUs.

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.
Middleby Corp

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8.31B
49.63M
Specialty Industrial Machinery
Refrigeration & Service Industry Machinery
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United States
ELGIN