Hix Christopher M 4
4 · MIDDLEBY Corp · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Middleby Director Christopher M. Hix Receives 1,161-Share Award
What Happened
Christopher M. Hix, a director of Middleby Corp (MIDD), was granted 1,161 restricted stock units (RSUs) on March 6, 2026 (transaction code A — award). The filing lists the acquisition as contingent (price N/A); these units are rights to receive one share each when they vest. No immediate shares were issued and no cash changed hands at grant.
Key Details
- Transaction date: 2026-03-06; transaction type: Award (A). Report filed same day (appears timely).
- Shares granted: 1,161 restricted stock units; price/value: N/A in the filing.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The RSUs are time‑based and will vest in full on March 6, 2027; vested shares will be issued after that date (see footnote F1).
- No 10b5-1 plan, tax‑withholding, or sale noted in this filing.
Context
RSUs are a common form of director/executive compensation and represent a contingent right to receive stock at vesting; they do not represent an immediate purchase or sale and therefore are not a direct bullish/sell signal. Investors who want an estimated dollar value can multiply 1,161 by the current MIDD share price, keeping in mind actual tax withholding at vesting may reduce net shares issued.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-06+1,161→ 1,161 total
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.