[Form 4] MILLER INDUSTRIES INC /TN/ Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Miller Industries CEO and President William G. Miller II reported equity award activity involving restricted stock units (RSUs) and common stock. On March 1, 2026, 12,000 time-based RSUs vested and were converted into 12,000 shares of common stock at no exercise price. To satisfy tax withholding obligations related to this vesting, 2,880 common shares were withheld at a price of $42.03 per share, reducing his directly held common stock to 49,123 shares after the transactions. Following these updates, he directly holds 57,200 RSUs from one award and 33,271 RSUs from another, each representing the right to receive one share of common stock as they vest over future three-year schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,000 shares exercised/converted
Mixed
5 txns
Insider
Miller William G. II
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 12,000 | $0.00 | -- |
| Exercise | Common Stock | 12,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,880 | $42.03 | $121K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 12,000 shares (Direct);
Common Stock — 52,003 shares (Direct)
Footnotes (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 12,000 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.