Miller Industries CIO exercises 2,000 RSUs
Miller Industries Chief Information Officer Josias W. Reyneke reported equity award activity on March 1, 2026.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 480 | $42.03 | $20K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
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 2,000 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.
FAQ
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What insider transactions did Miller Industries (MLR) report for Josias W. Reyneke?
How do Miller Industries (MLR) restricted stock units work for the CIO?
What types of insider transaction codes appear in this Miller Industries (MLR) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.