Spittle Steve 4

What Happened

• Steve Spittle, Chief Commercial Officer of Middleby Corp (MIDD), had 4,130 performance-based PSU shares vest on March 13, 2026. To satisfy the related tax withholding, 1,626 of those shares were surrendered (disposed) at a reported value of $143.08 per share, totaling $232,648.
• The vesting award was originally granted on August 9, 2023; this filing records the award/acquisition and the tax-withholding disposition. This is an award/vesting event, not an open-market purchase.

Key Details

• Transaction date(s): March 13, 2026 (reported on Form 4 filed March 16, 2026).
• Award: 4,130 shares vested (code A). Disposition for tax withholding: 1,626 shares at $143.08 each (code F), total ~$232,648.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1—shares were acquired upon vesting of performance-based PSUs awarded 8/9/2023. F2—shares were surrendered to fund the reporting person’s tax liability related to the vesting.
• Filing timeliness: Report covers 3/13/2026 transactions and was filed 3/16/2026 — within the normal 2-business-day Form 4 reporting window.
• Transaction codes: A = award/vesting; F = withholding/surrender to cover taxes.

Context

• This was a vesting of performance-based restricted shares; the surrender of 1,626 shares to cover taxes is a routine withholding mechanism (similar to a cashless withholding) rather than an open-market sale. Such withholding transactions are common and do not by themselves indicate the insider’s view on the stock.