Cerwin Brittany C 4
4 · MIDDLEBY Corp · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
MIDDLEBY (MIDD) CAO Brittany Cerwin Surrenders 1,256 Shares for Taxes
What Happened Brittany Cerwin, Chief Accounting Officer of MIDDLEBY Corp (MIDD), surrendered 1,256 shares on 2026-03-01 to satisfy tax withholding related to the vesting of time-based restricted stock units (RSUs). The shares were valued at $168.86 each, for a total of approximately $212,088. This was a tax-withholding/share-surrender transaction (routine), not an open-market sale or new purchase.
Key Details
- Transaction date and price: 2026-03-01 at $168.86 per share.
- Shares surrendered / disposed: 1,256 shares; total value ≈ $212,088.
- Transaction code: F (payment of exercise price or tax liability / tax withholding).
- Footnote: F1 — shares surrendered to fund the reporting person's tax liability in connection with vesting of time-based RSUs.
- Filing: Reported with accession on 2026-03-03 (filing appears timely based on the provided dates).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
Context This was a cashless tax-withholding event tied to RSU vesting — a common administrative step where some vested shares are withheld or surrendered to cover taxes. Such transactions are routine and do not necessarily indicate the insider's broader view on the company stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-01$168.86/sh−1,256$212,088→ 20,097 total
Footnotes (1)
- [F1]Transaction related to the surrender of shares to fund reporting person's tax liability in connection with vesting of time-based RSUs.