{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-204102","form_type":"8-K","ticker":"MIDD","cik":"0000769520","company_name":"MIDDLEBY Corp","filed_at":"2026-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.714240+00:00","generated_at":"2026-05-15T00:09:30.008712+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Middleby files Form 10 for spin-off of Food Processing; completion target July 6, 2026","bullets":["Spin-off of Middleby Food Processing as standalone public company; 1 MFP share per MIDD share as dividend.","Food Processing generated over $850M net sales in 2025 with ~20% adjusted EBITDA margin; ~12% CAGR 2019-2025.","Anticipated net debt at close $200-225M (~1.25x estimated standalone FY27 adjusted EBITDA).","Mark Salman named CEO, Amy Campbell CFO, Mark Bowie COO; Robert Nerbonne named Chairman of MFP board.","Spin-off expected tax-free for MIDD and stockholders; MFP to list on Nasdaq under ticker 'MFP'; investor day May 12."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-204102","json":"https://secwatch.observer/filing/0001193125-26-204102.json","markdown":"https://secwatch.observer/filing/0001193125-26-204102.md","text":"https://secwatch.observer/filing/0001193125-26-204102.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/769520/000119312526204102/0001193125-26-204102-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/769520/000119312526204102/d114881d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T00:09:30.008712+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}