MIDDLEBY Corp
For the period ended May 19, 2026. Filed Apr 8, 2026.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 19, 2026 · Filed Apr 8, 2026
Contents
Cover page
Show cover page
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 14A
PROXY STATEMENT PURSUANT TO SECTION 14(a)
OF THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )
| Filed by the Registrant | Filed by a Party other than the Registrant |
Check the appropriate box:
Preliminary Proxy Statement
Confidential, for Use of the Commission Only (as permitted by Rule 14A-6(E)(2))
Definitive Proxy Statement
Definitive Additional Materials
Soliciting Material under §240.14a-12
Middleby Corp.
(Name of Registrant as Specified in Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check all boxes that apply):
No fee required.
Fee paid previously with preliminary materials.
Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.
This is Middleby
Middleby is a global leader in the foodservice industry. The company develops and manufactures a broad line of solutions used in commercial foodservice and food processing. Middleby showcases its advanced solutions in the Middleby Innovation Kitchens for commercial foodservice, and industrial baking and protein Innovation Centers for food processing solutions.
We are committed to delivering new, innovative solutions to the markets we serve, which are quickly evolving in both of our business segments. These innovations deliver speed, versatility, automation, safety, energy savings and other sustainable operating benefits to our customers.
While we are dedicated to our global customer base, Middleby also prioritizes connecting with the communities where we live and work through philanthropic efforts and sustainable initiatives. We endeavor to set the standard for tomorrow, with a goal of serving excellence in everything we do today.
Commercial Foodservice Middleby is the worldwide leader in innovative solutions for commercial foodservice. We develop and manufacture advanced cooking, warming, and beverage equipment, along with innovative IoT and automation solutions to enhance operations for commercial foodservice operators. Middleby brands can be found in a wide array of foodservice businesses, including quick service, fast casual, pizza, independent restaurants, casual and fine dining establishments, grocery and convenience stores and institutional commissaries and stadiums.
Food Processing Middleby develops innovative, industry-leading solutions for industrial protein processing, high-volume baking, snack food, packaging and other specialty areas where automated and large scale food production is required. With a broad offering of highly respected brands and advanced technologies, Middleby has the ability to fully integrate a wide array of total line solutions to deliver efficiency, flexibility, quality and consistency.
May 19, 2026
3:00 p.m. CDT
**Virtual Meeting
www.virtualshareholdermeeting.com/MIDD2026
NOTICE
of Annual Meeting of Stockholders
The Annual Meeting of Stockholders of The Middleby Corporation will be held for the following purposes:
AGENDA
| 1. | To elect eleven directors to hold office until the 2027 Annual Meeting. |
| 2. | To approve, on an advisory basis, the compensation of our named executive officers. |
| 3. | To ratify the selection of Ernst & Young LLP as Middleby’s independent registered public accountants for the fiscal year ending January 2, 2027. |
| 4. | To transact such other business as may properly come before the Annual Meeting or any adjournment or postponement thereof. |
RECORD DATE:
March 20, 2026
By Order of the Board of Directors
Michael D. Thompson
General Counsel and Secretary
WHO MAY VOTE:
Your vote is important to us. Even if you plan to attend the Annual Meeting virtually, we urge you to return your proxy promptly. For more information about how to vote, please see “Information About the Annual Meeting,” which begins on page 58.
HOW TO ATTEND:
To attend and register for the virtual meeting, please see “Information About the Annual Meeting,” which begins on page 58.
DELIVERY OF ANNUAL MEETING MATERIALS:
The Notice of Internet Availability of Proxy Materials, this Proxy Statement, and Middleby’s Annual Report on Form 10-K for the fiscal year ended January 3, 2026, are being distributed or made available to stockholders on or about April 8, 2026.
We are holding the Annual Meeting virtually. In order to attend and participate in the Annual Meeting, you will need the 16-digit control number included on your Notice of Internet Availability of Proxy Materials, proxy card, or voting instruction card. You may also ask questions and vote online by following the instructions provided at www.virtualshareholdermeeting.com/MIDD2026 during the Annual Meeting. A list of stockholders entitled to vote at the annual meeting will be available for stockholders as of the record date upon request by sending an email to legal@middleby.com.
| REVIEW YOUR PROXY STATEMENT AND VOTE IN ONE OF FOUR WAYS: | ||||
|---|---|---|---|---|
| Please refer to the enclosed proxy materials or the information forwarded by your bank, broker or other holder of record to see which voting methods are available to you. | INTERNET Visit the website on your proxy card. | BY TELEPHONE Call the telephone number on your proxy card. | BY MAIL Sign, date and return your proxy card in the enclosed envelope. | IN PERSON Attend the annual meeting virtually. See page 58 for instructions on how to attend. |
| 2026 PROXY STATEMENT | 3 |
|---|
| TABLE OF CONTENTS | Proxy Summary | 5 |
|---|---|---|
| Proposal 1: Election of Directors | 16 | |
| How We Select Directors | 16 | |
| Director Nominees | 17 | |
| Governance | 23 | |
| Board Leadership Structure | 23 | |
| Independence | 23 | |
| Risk Oversight | 23 | |
| Annual Board Evaluation and Skillset Assessment | 24 | |
| Stockholder Engagement | 24 | |
| Director Onboarding and Continuing Education | 24 | |
| Succession Planning | 25 | |
| Board Meetings | 25 | |
| Committees of the Board | 25 | |
| Service on Other Boards | 26 | |
| Age and Term Limits | 26 | |
| Stockholder Communications With the Board | 26 | |
| Related Party Transactions | 27 | |
| Governance Documents | 27 | |
| Director Compensation | 27 | |
| Sustainability | 29 | |
| Executive Officers | 31 | |
| Proposal 2: Advisory Vote to Approve Named Executive Officer Compensation | 32 | |
| Vote Required for Approval; Board Recommendation | 32 | |
| Executive Compensation | 33 | |
| Compensation Discussion and Analysis | 33 | |
| Report of the Compensation Committee of the Board of Directors | 42 | |
| Executive Compensation Tables | 43 | |
| Security Ownership of Certain Beneficial Owners and Management | 54 | |
| Proposal 3: Ratification of Selection of Independent Registered Public Accountants | 56 | |
| Vote Required for Approval; Board Recommendation | 56 | |
| Report of the Audit Committee | 57 | |
| Information About the Annual Meeting | 58 | |
| Annex A - Non-GAAP Financial Measures | 60 |
| 2026 PROXY STATEMENT | 4 |
|---|
Back to Contents
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.