4Filed Aug 2, 8:00 PM ET

Midera (MFP) Director Brian Jacoby Receives Stock Award

$MFP · Midera Food Processing, Inc.

Research Summary

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Midera (MFP) Director Brian Jacoby Receives Stock Award

What Happened
Brian M. Jacoby, a director of Midera Food Processing, Inc. (MFP), was granted two RSU awards on July 30, 2026: 624 fully vested restricted stock units (RSUs) and 3,615 time‑based RSUs, for a total of 4,239 RSUs. The Form 4 lists no per‑share price or dollar value (N/A). The 3,615 time‑based RSUs vest in full on March 19, 2027; the 624 RSUs are reported as fully vested. The filing notes these securities are held for the benefit of Garden Investment Management, L.P., and Mr. Jacoby disclaims beneficial ownership of the reported securities.

Key Details

  • Transaction date: July 30, 2026 (Grant/Award — Code A)
  • Shares: 624 RSUs (fully vested); 3,615 RSUs (time‑based; vest 3/19/2027); total 4,239 RSUs
  • Price/value: Not reported (N/A)
  • Shares owned after transaction: Not specified on the Form 4 (held for benefit of Garden Investment Management, L.P.)
  • Filing date: August 3, 2026 (filed 4 days after the transaction — Form 4s are typically due within two business days; this appears later than the usual reporting window)
  • Footnotes: F1 — securities held for benefit of Garden Investment Management and Mr. Jacoby disclaims beneficial ownership; F2 — 624 RSUs are fully vested; F3 — 3,615 RSUs are time‑based and vest 3/19/2027.

Context
RSUs are compensation awards that convert to shares at vesting (each RSU corresponds to one share). The fully vested RSUs are eligible to be issued immediately per the issuer’s rules; the time‑based RSUs will only convert to shares after the stated vesting date. Because the awards are held for an institutional vehicle (Garden Investment Management) and Mr. Jacoby disclaims direct beneficial ownership, these grants reflect institutional holdings/compensation mechanics rather than a personal open‑market purchase or sale.