Shah Tejas P. 4

What Happened
Tejas P. Shah, a director of MIDDLEBY Corp (MIDD), received an award of 1,161 restricted stock units (RSUs) on March 6, 2026. The grant has no purchase price reported (N/A); each RSU represents a contingent right to one share of common stock that will be issued if and when the units vest. According to the filing, these RSUs vest in full on March 6, 2027.

Key Details

• Transaction date: 2026-03-06 (Grant/Award, code A)
• Shares granted: 1,161 RSUs; price/value: N/A (award)
• Vesting: All units vest on March 6, 2027; vested shares will be issued after vesting (see footnote)
• Shares owned after transaction: Not specified in the filing
• Filing timeliness: Report filed on 2026-03-06 (same day as report date), indicating a timely disclosure

Context
RSUs are a form of compensation, not an open‑market purchase or sale. They represent a future right to receive shares if vesting conditions are met and do not necessarily signal a change in the insider’s view of the stock. For retail investors, awards like this are routine executive/director compensation and should be considered alongside other insider trades and company fundamentals.