Midera (MFP) CSO Matthew Fuchsen Receives RSU Awards

What Happened

• Matthew R. Fuchsen, Chief Strategy Officer of Midera Food Processing, received two awards totaling 26,996 restricted stock units (RSUs): 14,533 RSUs on 2026-07-20 and 12,463 RSUs on 2026-07-30. These are awards/acquisitions (code A) and have no per-share price (N/A) because they are time-based RSUs converted in connection with Midera’s spin-off from The Middleby Corporation. No cash purchase or open-market trade occurred.

Key Details

• Transaction dates and amounts:
  • 2026-07-20: 14,533 RSUs (price N/A). Footnote F1: converted from Middleby RSUs; 9,789 vest 3/1/2027 and 4,744 vest 3/1/2028.
  • 2026-07-30: 12,463 RSUs (price N/A). Footnote F3: time-based RSUs vesting 33% on 7/1/2027, 33% on 7/1/2028 and 34% on 7/1/2029.
• Filing notes (Footnote F2) that 38,268 shares of common stock were also acquired via distribution in the spin-off in an exempt acquisition under Rule 16a-9.
• Shares owned after the transactions: not specified in the provided filing.
• Filing timeliness: Form 4 was filed on 2026-08-03 for transactions dated 2026-07-20 and 2026-07-30. That filing date is after the typical 2-business-day Form 4 deadline, so the report appears to have been filed late.

Context

• These are time-based RSUs that convert to common shares only upon vesting; vested shares will be issued to Mr. Fuchsen after each applicable vesting date. Awards and spin-off distributions are not open-market purchases or sales and do not necessarily indicate an insider’s short-term trading intent.