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Miller Industries (MLR) EVP vests 2,893 RSUs; 678 shares withheld

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

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.

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Insider MADONIA FRANK
Role Executive VP, Secretary & GC
Type Security Shares Price Value
Exercise Restricted Stock Unit 2,893 $0.00 --
Exercise Common Stock 2,893 $0.00 --
Tax Withholding Common Stock 678 $45.96 $31K
holding Restricted Stock Unit -- -- --
holding Restricted Stock Unit -- -- --
Holdings After Transaction: Restricted Stock Unit — 2,893 shares (Direct); Common Stock — 11,172 shares (Direct)
Footnotes (1)
  1. 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. These shares were withheld to cover tax withholding obligations when 2,893 time-based restricted stock units vested on March 6, 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 five equal annual installments commencing on March 1, 2023.
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*
MADONIA FRANK

(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)
Executive VP, Secretary & GC
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
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 03/06/2026 M 2,893(1) A (3) 11,172 D
Common Stock 03/06/2026 F 678(2) D $45.96 10,494 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) 03/06/2026 M 2,893 (1) (1) Common Stock 2,893 $0 2,893 D
Restricted Stock Unit (3) (4) (4) Common Stock 9,948 9,948 D
Restricted Stock Unit (3) (5) (5) Common Stock 2,000 2,000 D
Explanation of Responses:
1. 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.
2. These shares were withheld to cover tax withholding obligations when 2,893 time-based restricted stock units vested on March 6, 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 five equal annual installments commencing on March 1, 2023.
/s/ Frank Madonia 03/10/2026
** 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 transaction did Miller Industries (MLR) report for Frank Madonia?

Miller Industries reported that executive vice president, secretary and general counsel Frank Madonia had 2,893 time-based restricted stock units vest and convert into 2,893 common shares on March 6, 2026, as part of his equity compensation program.

Were any Miller Industries (MLR) shares sold in the open market in this Form 4?

No open-market sale was reported. Instead, 678 common shares were withheld at $45.9600 per share to satisfy tax withholding obligations tied to the vesting of 2,893 time-based restricted stock units on March 6, 2026.

How many Miller Industries (MLR) shares does Frank Madonia hold after the reported transactions?

Following the March 6, 2026 transactions, Frank Madonia directly holds 10,494 shares of Miller Industries common stock, according to the Form 4, reflecting his position after the RSU vesting and related tax-withholding share reduction.

What restricted stock unit awards does Frank Madonia still hold at Miller Industries (MLR)?

After the reported vesting, Madonia continues to hold time-based restricted stock units linked to 9,948 underlying common shares vesting in three equal annual installments from March 15, 2026, and additional units linked to 2,000 shares vesting in five equal installments from March 1, 2023.

How are Miller Industries (MLR) restricted stock units structured for Frank Madonia?

Each restricted stock unit represents a contingent right to receive one share of Miller Industries common stock. Time-based RSUs vest in equal annual installments, and vested shares are to be delivered to Madonia no later than 30 days after each vesting date.
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