STOCK TITAN

Miller Industries (MLR) CIO converts 2,000 RSUs, withholds 480 shares for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Miller Industries Chief Information Officer Josias W. Reyneke reported equity award activity on March 1, 2026. He exercised and converted 2,000 restricted stock units into the same number of common shares at $0.00 per share as time-based RSUs vested.

To cover tax withholding on this vesting, 480 common shares were disposed of at $42.03 per share. Following these transactions, he directly owned 8,279 common shares and held time-based restricted stock units that vest in scheduled annual installments, each unit representing the right to receive one common share.

Positive

  • None.

Negative

  • None.
Insider Reyneke Josias W.
Role Chief Information Officer
Type Security Shares Price Value
Exercise Restricted Stock Unit 2,000 $0.00 --
Exercise Common Stock 2,000 $0.00 --
Tax Withholding Common Stock 480 $42.03 $20K
holding Restricted Stock Unit -- -- --
holding Restricted Stock Unit -- -- --
Holdings After Transaction: Restricted Stock Unit — 2,000 shares (Direct); Common Stock — 8,759 shares (Direct)
Footnotes (1)
  1. 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. These shares were withheld to cover tax withholding obligations when 2,000 time-based restricted stock units vested on March 1, 2026. Each restricted stock unit represents a contingent right to receive one share of Miller Industries, Inc. common stock. These are time-based restricted stock units that vest in three equal annual installments commencing on March 15, 2026. These are time-based restricted stock units that vest in three equal annual installments commencing on March 6, 2025.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Reyneke Josias W.

(Last) (First) (Middle)
C/O MILLER INDUSTRIES, INC.
8503 HILLTOP DRIVE

(Street)
OOLTEWAH TN 37363

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MILLER INDUSTRIES INC /TN/ [ MLR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Information Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/01/2026 M 2,000(1) A (3) 8,759 D
Common Stock 03/01/2026 F 480(2) D $42.03 8,279 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (3) 03/01/2026 M 2,000 (1) (1) Common Stock 2,000 $0 2,000 D
Restricted Stock Unit (3) (4) (4) Common Stock 9,948 9,948 D
Restricted Stock Unit (3) (5) (5) Common Stock 5,786 5,786 D
Explanation of Responses:
1. 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.
2. These shares were withheld to cover tax withholding obligations when 2,000 time-based restricted stock units vested on March 1, 2026.
3. Each restricted stock unit represents a contingent right to receive one share of Miller Industries, Inc. common stock.
4. These are time-based restricted stock units that vest in three equal annual installments commencing on March 15, 2026.
5. These are time-based restricted stock units that vest in three equal annual installments commencing on March 6, 2025.
/s/ Frank Madonia, as attorney in fact for Josias Reyneke 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Miller Industries (MLR) report for Josias W. Reyneke?

Miller Industries reported that CIO Josias W. Reyneke converted 2,000 restricted stock units into common stock and disposed of 480 common shares to cover tax withholding. These transactions occurred on March 1, 2026, in connection with the vesting of time-based RSUs.

How many Miller Industries (MLR) shares does the CIO hold after this Form 4?

After the reported transactions, Josias W. Reyneke directly owned 8,279 shares of Miller Industries common stock. He also held additional time-based restricted stock units, which represent contingent rights to receive common shares as they vest on scheduled future dates.

What was the nature of the 2,000-share transaction for Miller Industries (MLR) CIO?

The 2,000-share transaction was an exercise and conversion of restricted stock units that vested on March 1, 2026. These time-based RSUs vest in five equal annual installments starting March 1, 2023, with vested shares delivered within 30 days after each vesting date.

Why were 480 Miller Industries (MLR) shares disposed of in the Form 4?

The 480 shares of Miller Industries common stock were withheld to satisfy tax withholding obligations related to the vesting of 2,000 time-based restricted stock units. This tax-withholding disposition used shares valued at $42.03 each on March 1, 2026.

How do Miller Industries (MLR) restricted stock units work for the CIO?

Each restricted stock unit represents a contingent right to receive one Miller Industries common share. Various RSU awards vest in equal annual installments beginning on dates such as March 1, 2023, March 6, 2025, and March 15, 2026, subject to continued service.

What types of insider transaction codes appear in this Miller Industries (MLR) Form 4?

The Form 4 shows code M for exercise or conversion of derivative securities, reflecting RSU conversion into common stock, and code F for disposition of shares to pay tax withholding. Additional lines reflect RSU holdings without a specific new transaction code.