Reyes Javier A 4

What Happened

• Javier A. Reyes, a director of Miller Industries, had 1,804 restricted stock units (RSUs) convert/vest on May 21, 2026 (reported as an M-coded exercise/conversion). Those vested RSUs are to be delivered to him within 30 days. Separately, on May 26, 2026 he was granted 2,578 new time-based RSUs under the Issuer’s 2023 Non-Employee Director Stock Plan. No cash was paid or received in these transactions (RSUs are reported at $0).

Key Details

• Transaction dates and codes: May 21, 2026 — conversion/exercise of 1,804 RSUs (M); May 26, 2026 — grant/award of 2,578 RSUs (A).
• Prices/values: Reported at $0.00 because these are RSU conversions and grants (no open-market purchase/sale).
• Delivery: The 1,804 vested RSUs will be delivered no later than 30 days after vesting per the filing.
• Shares owned after transaction: Not specified in this filing.
• Plan and vesting: New RSUs granted under the 2023 Non-Employee Director Stock Plan; they are time-based and vest on the earlier of (a) the day immediately prior to the first annual shareholders’ meeting after the grant or (b) the first anniversary of the grant, subject to continued service.
• Filing timeliness: The Form 4 was filed May 26, 2026 for transactions dated May 21, 2026 — one business day after the typical 2-business-day Form 4 deadline, so this appears to be a late filing.

Context

• These filings reflect director compensation (RSU vesting and a new RSU grant) rather than an open-market buy or sale. Such awards are routine for non-employee directors and do not by themselves indicate a personal purchase or sale decision.
• For retail investors, RSU vesting/grants are common compensation practices; purchases (cash outlays) are generally more informative about insider sentiment than routine awards or vesting events.