Spittle Steve 4

What Happened
Steve Spittle, Chief Commercial Officer of Middleby Corp (MIDD), disposed of 2,344 shares on 2026-03-01 at $168.86 per share, resulting in proceeds of approximately $395,808. The transaction was a share surrender to satisfy tax withholding related to the vesting of time‑based restricted stock units (RSUs), not an open‑market sale.

Key Details

• Transaction date and price: 2026-03-01 — 2,344 shares at $168.86 each (total ≈ $395,808).
• Transaction type/code: Reported as F (payment of exercise price or tax liability / share surrender for tax withholding).
• Reason (footnote): F1 — surrendered shares to fund reporting person's tax liability in connection with vesting of time‑based RSUs.
• Shares owned after transaction: Not stated in the provided filing.
• Filing date / timeliness: Form 4 filed 2026-03-03 for a 2026-03-01 transaction; appears to have been filed within the standard two business‑day window (no late‑filing flag provided).

Context
Surrendering shares to cover taxes on vested RSUs is a routine, administrative transaction (often called a sell-to-cover) and does not necessarily indicate the insider is reducing their broader position by choice. For retail investors, purchases generally carry stronger signals than withholding/surrender transactions.