Bowerman Julie 4

What Happened
Julie Bowerman, a director of MIDDLEBY Corp (MIDD), was granted 1,161 restricted stock units (RSUs) on March 6, 2026. The filing reports an award/acquisition (code A); no per‑share price or immediate cash value is listed because these are contingent RSUs rather than an open‑market purchase or sale.

Key Details

• Transaction date: March 6, 2026; Form 4 filed March 9, 2026.
• Security: 1,161 time‑based restricted stock units (each unit converts to one share on vesting).
• Price/Value: N/A for the grant itself (not an open‑market trade).
• Shares owned after transaction: Not specified in this Form 4.
• Footnote: RSUs vest in full on March 6, 2027; vested shares will be issued to the reporting person after that date (Footnote F1).
• Transaction type: Award/grant (code A); not an exercise, sale, or open‑market purchase.

Context
RSUs are a form of equity compensation that convert to shares upon vesting; they do not represent immediately tradable stock. Such grants align executive/director compensation with shareholder value over the vesting period but do not, by themselves, indicate a buy or sell signal until/if shares are sold after vesting.