EISENBERG GLENN A 4
4 · MIDDLEBY Corp · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
MIDDLEBY (MIDD) Director Glenn Eisenberg Receives Award
What Happened
Glenn A. Eisenberg, a director of MIDDLEBY Corp (MIDD), received an award of 1,161 restricted stock units (RSUs) reported on March 6, 2026 (transaction code A). The filing lists the award amount but no purchase price—these are time-based RSUs that convert to one share each upon vesting, so no immediate sale or cash outflow occurred.
Key Details
- Transaction date: 2026-03-06 (reported same day). Transaction code: A (award/grant).
- Shares/units granted: 1,161 restricted stock units. Price: N/A (no cash purchase).
- Vesting: These RSUs vest in full on March 6, 2027; vested shares will be issued after that date (Footnote F1).
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Filing timeliness: Reported for the transaction date; no late filing indicated.
- Footnote: F1 confirms each RSU equals a contingent right to one share and specifies the one-year vesting.
Context
RSUs are a common form of equity compensation for executives and directors. They do not represent immediate stock purchases or sales and thus are not a direct bullish or bearish trade signal; their ultimate value depends on MIDDLEBY’s stock price at the vesting date. This grant increases potential future insider-held shares if Eisenberg remains with the company through the vesting date.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-06+1,161→ 1,161 total
Footnotes (1)
- [F1]These shares represent time-based restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date. These restricted stock units will vest in full on March 6, 2027. Vested shares will be issued to the reporting person after the applicable vesting date.