Middleby (MIDD) Director Sarah Palisi Chapin Receives RSU Award

What Happened
Sarah Palisi Chapin, a director of Middleby Corp (MIDD), received a grant of 1,161 restricted stock units (RSUs) on March 6, 2026. The filing reports an award (transaction code A) with no per‑share price (N/A). These RSUs are a contingent right to receive common shares upon vesting and are not an immediate purchase or sale.

Key Details

• Transaction date: March 6, 2026 (reported on the same date).
• Transaction type/code: Award of RSUs (A). Price: N/A.
• Shares granted: 1,161 restricted stock units.
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — Each RSU represents the right to one share; the RSUs vest in full on March 6, 2027 and vested shares will be issued after that date.
• Filing timeliness: Reported on the period date (no late‑filing indication in the notice).

Context
RSU grants are commonly used as director compensation to align interests with long‑term company performance; they do not represent an immediate cash transaction or market trade. Because these units vest in one year, they represent future potential ownership rather than current share purchases or sales.