WHITMIRE DEBORAH L 4
4 · MILLER INDUSTRIES INC /TN/ · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
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
WHITMIRE DEBORAH L
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
[F1][F3]2026-03-15+5,803→ 31,977.551 total - Tax Payment
Common Stock
[F2]2026-03-15$43.88/sh−2,022$88,725→ 29,955.551 total - Exercise/Conversion
Restricted Stock Unit
[F3][F1]2026-03-15−5,803→ 11,606 total→ Common Stock (5,803 underlying) - Award
Restricted Stock Unit
[F3][F4]2026-03-15+10,341→ 10,341 total→ Common Stock (10,341 underlying)
Holdings
- 5,063
Restricted Stock Unit
[F3][F5]→ Common Stock (5,063 underlying) - 6,000
Restricted Stock Unit
[F3][F6]→ Common Stock (6,000 underlying)
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