Ashford Theodore H. III 4

4 · MILLER INDUSTRIES INC /TN/ · Filed May 26, 2026

AI-generated summary of this filing

Updated May 26, 2026

Miller Industries (MLR) Director Theodore H. Ashford III Receives RSU Award

What Happened

Theodore H. Ashford III, a director of Miller Industries, reported conversion/vesting of 1,804 restricted stock units (RSUs) on May 21, 2026 and a grant of 2,578 new RSUs on May 26, 2026. The transactions are equity awards/derivatives recorded at $0.00 (compensation awards), not open-market purchases or cash sales.
The 1,804 vested RSUs were converted (reported as an exercised/converted derivative) and will result in delivery of shares to the reporting person no later than 30 days after vesting. The 2,578 RSUs are newly granted time‑based awards under the issuer’s 2023 Non‑Employee Director Stock Plan.

Key Details

Transaction dates and types:
- May 21, 2026: Conversion/vesting of 1,804 RSUs (reported as M: exercise/conversion of derivative; disposed line at $0 reflects conversion of the derivative, not a market sale).
- May 26, 2026: Grant of 2,578 RSUs (reported as A: award/grant) at $0.00.
Price/value: Reported at $0.00 (these are equity compensation awards, no cash consideration reported).
Shares owned after transaction: Not specified in the Form 4 filing.
Footnotes of note:
- F1: The 1,804 RSUs represent vested RSUs; vested shares to be delivered within 30 days of vesting.
- F2: Each RSU equals the contingent right to one common share.
- F3/F4: The 2,578 RSUs were granted under the 2023 Non‑Employee Director Stock Plan and vest on the earlier of (a) the day before the first annual meeting after grant or (b) one year after grant, subject to continued service.
Filing timeliness: No late filing flag indicated in the provided data.

Context

These filings reflect equity compensation activity (vesting and a new director award). The conversion entry is not a cash sale; the “disposed” derivative line documents the derivative instrument ceasing upon conversion to underlying shares. The new grant vests over time per the director plan and does not represent an open‑market purchase.

Form 4

Period: 2026-05-21

Director

Transactions

Exercise/Conversion
Common Stock
[F1][F2]
2026-05-21+1,804→ 19,399 total
Exercise/Conversion
Restricted Stock Unit
[F2][F1]
2026-05-21−1,804→ 0 total
→ Common Stock (1,804 underlying)
Award
Restricted Stock Unit
[F2][F3][F4]
2026-05-26+2,578→ 2,578 total
→ Common Stock (2,578 underlying)

Footnotes (4)

[F1]Represents the conversion of restricted stock units that vested on May 21, 2026. Vested shares will be delivered to the reporting person not later than 30 days after the vesting date.
[F2]Each restricted stock unit represents a contingent right to receive one share of Miller Industries, Inc. common stock.
[F3]Granted pursuant to the Issuer's 2023 Non-Employee Director Stock Plan.
[F4]These are time-based restricted stock units that vest on the earlier of (a) the day immediately prior to the first annual meeting of shareholders of the Issuer that occurs after the grant date or (b) the first anniversary of the grant date, so long as the director's service with Miller Industries, Inc. has not earlier terminated.

Signature

/s/ Frank Madonia, as attorney in fact for Theodore H. Ashford III|2026-05-26

1 file