MILLER INDUSTRIES INC /TN/·4

Mar 17, 4:34 PM ET

WHITMIRE DEBORAH L 4

4 · MILLER INDUSTRIES INC /TN/ · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Miller Industries (MLR) CFO Deborah Whitmire Receives RSU Award

What Happened

  • Deborah L. Whitmire, CFO of Miller Industries, had 5,803 time‑based restricted stock units (RSUs) vest on March 15, 2026; those RSUs converted into shares. To cover tax withholding, 2,022 of the newly delivered shares were surrendered at $43.88 per share, totaling $88,725. Separately, Whitmire was shown as receiving/being granted 10,341 RSUs (a new award) at $0.00 per share (these are derivative/RSU awards, not open‑market purchases).

Key Details

  • Transaction date(s): March 15, 2026; Form 4 filed March 17, 2026 (filed within the standard two‑business‑day window).
  • Vesting/conversion: 5,803 RSUs vested and converted to 5,803 shares (each RSU = one share).
  • Tax withholding: 2,022 shares were withheld to satisfy tax obligations at $43.88/share = $88,725 (code F).
  • Grant/award: 10,341 RSUs were granted/awarded (code A) with $0.00 reported per share; these are time‑based RSUs with future vesting (see footnote).
  • Shares owned after transaction: not specified in the provided extract.
  • Footnotes of note:
    • F1/F2: Confirmation that 5,803 RSUs vested on 3/15/2026 and 2,022 shares were withheld for taxes.
    • F3: Each RSU equals the right to one share.
    • F4–F6: Other RSU awards have varying future vesting schedules (commencing 2027, 2025, 2023 respectively).

Context

  • This filing reflects RSU vesting and a new RSU grant — not an open‑market buy or sale of shares. The withholding of vested shares to cover taxes is a routine administrative action (code F) and does not necessarily indicate a view on the stock. The 10,341 RSU award vests over future periods per the footnote schedule.

Insider Transaction Report

Form 4
Period: 2026-03-15
WHITMIRE DEBORAH L
Chief Financial Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1][F3]
    2026-03-15+5,80331,977.551 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-15$43.88/sh2,022$88,72529,955.551 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F3][F1]
    2026-03-155,80311,606 total
    Common Stock (5,803 underlying)
  • Award

    Restricted Stock Unit

    [F3][F4]
    2026-03-15+10,34110,341 total
    Common Stock (10,341 underlying)
Holdings
  • Restricted Stock Unit

    [F3][F5]
    Common Stock (5,063 underlying)
    5,063
  • Restricted Stock Unit

    [F3][F6]
    Common Stock (6,000 underlying)
    6,000
Footnotes (6)
  • [F1]Represents the conversion of restricted stock units that vested on March 15, 2026. These are time-based restricted stock units that vest in three equal annual installments commencing on March 15, 2026. Vested shares will be delivered to the reporting person not later than 30 days after the vesting date.
  • [F2]These shares were withheld to cover tax withholding obligations when 5,803 time-based restricted stock units vested on March 15, 2026.
  • [F3]Each restricted stock unit represents a contingent right to receive one share of Miller Industries, Inc. common stock.
  • [F4]These are time-based restricted stock units that vest in three equal annual installments commencing on March 15, 2027.
  • [F5]These are time-based restricted stock units that vest in three equal annual installments commencing on March 6, 2025.
  • [F6]These are time-based restricted stock units that vest in five equal annual installments commencing on March 1, 2023.
Signature
/s/ Frank Madonia, as attorney in fact for Deborah L. Whitmire|2026-03-17

Documents

1 file
  • 4
    tm269069-5_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT