4/AAccepted Aug 31, 5:13 PM ET
Midera (MFP) Director Cathy McCarthy Receives RSU Award
Accepted (ET)
5:13 PM
Aug 31, 2026
Filed
Aug 31, 2026
Documents
1
Size
7.6 KB
Summary
Midera (MFP) Director Cathy McCarthy Receives RSU Award
What Happened
- Cathy L. McCarthy, a director of Midera Food Processing, Inc. (MFP), had two time‑based RSU awards vest on July 30, 2026: 1,870 RSUs and 3,802 RSUs (total 5,672 RSUs). The awards are listed as awards/grants (code A); no per‑share price is reported (N/A). Vested RSUs represent a contingent right to receive one share of common stock each and will be issued to her after the applicable vesting date.
- This filing is an amendment: the original Form 4 (filed Aug 3, 2026) incorrectly reported the acquisition of 5,062 converted RSUs from Middleby in connection with the spin‑off. That reported acquisition did not occur — those Middleby RSUs were forfeited for no consideration — and this Form 4 (filed Aug 31, 2026) corrects that administrative error.
Key Details
- Transaction date: July 30, 2026; transaction type: grant/award (vested RSUs); price: N/A.
- RSUs vested: 1,870 and 3,802 (total 5,672). Vested shares will be issued after the vesting date.
- Shares owned / beneficial ownership after transaction: not specified in the excerpt provided; filing notes include 9,719 shares acquired via distribution in the spin‑off from Middleby (footnote F2).
- Other RSUs: additional time‑based RSUs that will vest in full on March 19, 2027 (footnote F3).
- Amendment/remark: original Form 4 mistakenly reported a conversion of 5,062 Middleby RSUs — those were forfeited; this amendment corrects that error. Original Form 4 was filed Aug 3, 2026; amendment filed Aug 31, 2026.
Context
- RSUs are compensation awards (not market purchases or sales). They give the holder a right to receive shares upon vesting; receipt of shares upon vesting is typically considered routine compensation, not a directional insider trade.
- No cash sale or open‑market transaction is reported here, so this filing does not reflect buying or selling for personal investment purposes.