Form 4: Middleby Corp Executive Cerwin Reports Stock Transactions
SEC Form 4 Filing
Brittany C Cerwin, Chief Accounting Officer of Middleby Corp, reports acquisition and disposal of common stock related to vesting of performance-based PSUs.
Summary
- On February 24, 2025, Brittany C Cerwin, Chief Accounting Officer of Middleby Corp, acquired 2,885 shares of common stock due to the vesting of performance-based PSUs awarded on May 15, 2022.
- On the same day, Cerwin disposed of 1,313 shares of common stock at a price of $168.15 to cover tax liabilities associated with the PSU vesting.
- Following these transactions, Cerwin directly owns 19,537 shares of Middleby Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| May 15, 2022 | Date performance-based PSUs were awarded |
| February 24, 2025 | Date of stock acquisition and disposal |
| February 26, 2025 | Date of signature by Michael D. Thompson POA |
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