Miller William G. II 4

4 · MILLER INDUSTRIES INC /TN/ · Filed Mar 3, 2026

AI-generated summary of this filing

Updated Mar 3, 2026

Miller Industries (MLR) CEO William G. Miller II Receives 12,000 Shares

What Happened

William G. Miller II, CEO, President and Director of Miller Industries, reported the conversion of 12,000 time‑based restricted stock units (RSUs) that vested on March 1, 2026. The filing shows 12,000 shares acquired via conversion and 2,880 shares disposed (withheld) to cover tax withholding, at $42.03 per share for a withholding value of $121,046. Net shares to be delivered are 12,000 − 2,880 = 9,120.
This was not an open‑market purchase or discretionary sale but the routine vesting and settlement of equity awards. Based on the $42.03 per‑share withholding price, the gross value of the 12,000 vested shares is about $504,360.

Key Details

Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (filing appears timely).
Actions reported: Conversion/vesting of RSUs (transaction code M) for 12,000 shares; tax withholding disposition (code F) of 2,880 shares at $42.03/share = $121,046.
Net shares delivered after withholding: 9,120 shares.
Relevant footnotes: F1–F3 confirm these were time‑based RSUs that vested on March 1, 2026, each RSU converts to one share; F2 explains the 2,880 shares were withheld for taxes. Other footnotes (F4, F5) reference separate RSU grants with different vesting schedules.
Shares owned after the transaction are not specified in the provided filing excerpt.

Context

This is a standard equity award vesting + tax withholding (a cashless/net share settlement), not a market sale or purchase by the insider. Such transactions are routine for executives receiving compensation and don’t necessarily signal a change in personal trading intent.
Transaction codes: M = exercise/conversion of a derivative security (here, RSU conversion); F = payment of exercise price or tax withholding.

Form 4

Period: 2026-03-01

DirectorCEO and President

Transactions

Exercise/Conversion
Common Stock
[F1][F3]
2026-03-01+12,000→ 52,003 total
Tax Payment
Common Stock
[F2]
2026-03-01$42.03/sh−2,880$121,046→ 49,123 total
Exercise/Conversion
Restricted Stock Unit
[F3][F1]
2026-03-01−12,000→ 12,000 total
→ Common Stock (12,000 underlying)

Holdings

Footnotes (5)

[F1]Represents the conversion of restricted stock units that vested on March 1, 2026. These are time-based restricted stock units that vest in five equal annual installments commencing on March 1, 2023. 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 12,000 time-based restricted stock units vested on March 1, 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, 2026.
[F5]These are time-based restricted stock units that vest in three equal annual installments commencing on March 6, 2025.

Signature

/s/ Frank Madonia, as attorney in fact for William G. Miller, II|2026-03-03

1 file