Fuchsen Matthew R 4
Research Summary
AI-generated summary
Middleby (MIDD) CDO Matthew Fuchsen Surrenders 990 Shares for Taxes
What Happened
- Matthew R. Fuchsen, Chief Development Officer of Middleby Corp (MIDD), disposed of 990 shares on 2026-03-01 by surrendering them to cover tax liability tied to time‑based RSU vesting. The shares were valued at $168.86 each for a total of $167,171. This was a tax-withholding share surrender, not an open‑market sale.
Key Details
- Transaction date and price: 2026-03-01 at $168.86 per share (990 shares; $167,171 total).
- Type of transaction: F (shares surrendered/withheld to satisfy tax liability related to RSU vesting); footnote F1 confirms surrender to fund tax liability on time‑based RSUs.
- Shares owned after transaction: Not specified in the supplied filing.
- Filing date / timeliness: Form filed 2026-03-03 reporting the 2026-03-01 transaction; no late‑filing flag indicated.
Context
- This is a routine tax-withholding event (cashless share surrender) following RSU vesting and is reported as a disposition on Form 4. Such withholdings are administrative and do not necessarily reflect an insider’s view on the company’s stock price.