WHITMIRE DEBORAH L 4
Research Summary
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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.