MIDDLEBY Corp·4

Mar 16, 6:30 PM ET

Mittelman Bryan E. 4

4 · MIDDLEBY Corp · Filed Mar 16, 2026

Research Summary

AI-generated summary of this filing

Updated

MIDDLEBY (MIDD) CFO Bryan Mittelman Receives PSU Award, Surrenders Shares

What Happened

  • Bryan E. Mittelman, Chief Financial Officer of MIDDLEBY Corp (MIDD), received 3,012 shares on March 13, 2026 upon vesting of performance-based PSUs awarded in August 2023. To cover the tax liability from that vesting he surrendered 1,335 shares at $143.08 per share, generating ~$191,012. Net result: a net increase of 1,677 shares retained by the insider.

Key Details

  • Transaction date: 2026-03-13; Form 4 filed 2026-03-16 (timely).
  • Award/acquisition: 3,012 shares (PSUs vested) — price N/A (award).
  • Tax withholding/surrender: 1,335 shares disposed at $143.08 per share for $191,012.
  • Net shares retained from the vesting: 1,677 shares.
  • Footnotes: F1 — shares were performance-based PSUs awarded Aug 9, 2023; F2 — surrender was to fund the reporting person’s tax liability.
  • Shares owned after transaction: not specified in the filing.

Context

  • This was not an open-market purchase or sale for investment reasons but a routine vesting of performance stock units with share surrender to satisfy tax withholding — a common practice that does not necessarily signal the insider’s view of the company’s stock.

Insider Transaction Report

Form 4
Period: 2026-03-13
Mittelman Bryan E.
Chief Financial Officer
Transactions
  • Award

    Common Stock

    [F1]
    2026-03-13+3,01245,775 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-13$143.08/sh1,335$191,01244,440 total
Footnotes (2)
  • [F1]Represents shares acquired upon vesting of performance-based PSUs that were awarded on August 9, 2023.
  • [F2]Transaction related to the surrender of shares to fund reporting person's tax liability related to vesting of performance-based PSUs.
Signature
Michael D. Thompson POA|2026-03-16

Documents

1 file
  • 4
    wk-form4_1773700240.xmlPrimary

    FORM 4