Miller Industries EVP exercises 2,893 RSUs
Miller Industries executive vice president, secretary and general counsel Frank Madonia reported routine equity compensation activity.
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Rhea-AI Filing Summary
Miller Industries executive vice president, secretary and general counsel Frank Madonia reported routine equity compensation activity. On March 6, 2026, 2,893 time-based restricted stock units vested and were converted into the same number of common shares.
To cover tax withholding obligations, 678 common shares were withheld at $45.9600 per share. After these transactions, Madonia directly holds 10,494 common shares and continues to hold unvested restricted stock units covering 9,948 and 2,000 underlying common shares, which vest in scheduled annual installments.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,893 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,893 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 678 | $45.96 | $31K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
Footnotes (5)
- F1. Represents the conversion of restricted stock units that vested on March 6, 2026. These are time-based restricted stock units that vest in three equal annual installments commencing on March 6, 2025. 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 2,893 time-based restricted stock units vested on March 6, 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 five equal annual installments commencing on March 1, 2023.
FAQ
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What insider transaction did Miller Industries (MLR) report for Frank Madonia?
What restricted stock unit awards does Frank Madonia still hold at Miller Industries (MLR)?
How are Miller Industries (MLR) restricted stock units structured for Frank Madonia?
AI-generated analysis. How Rhea-AI works. Not financial advice.