Nerbonne Robert A 4

What Happened
Robert A. Nerbonne, a director of MIDDLEBY Corp (MIDD), received an award of 1,161 restricted stock units (RSUs) on March 6, 2026. The filing lists this as an acquisition via award (Form 4 transaction code A); no purchase price is reported because these are compensation RSUs rather than an open‑market trade.

Key Details

• Transaction date: 2026-03-06 (report filed same date).
• Instrument: 1,161 time‑based restricted stock units (RSUs); price: N/A (compensation grant).
• Vesting: RSUs vest in full on March 6, 2027; vested shares will be issued after the vesting date (footnote).
• Shares owned after the transaction: not specified in the filing.
• No 10b5‑1 plan, tax‑withholding, or sale reported in this Form 4.
• Filing timeliness: reported on the same date (no late filing indicated).

Context
RSUs are a form of equity compensation that convert into shares only after vesting; this grant does not result in immediate ownership of tradable shares. Such awards are commonly part of director or executive compensation and should not be interpreted by themselves as a buy/sell signal. If you track insider activity, note the vest date (March 6, 2027) as the point when shares will be delivered and potentially affect insider holdings.