Miller Industries (MLR) CRO reports RSU vesting, tax withholding and new grant
Rhea-AI Filing Summary
Miller Industries Chief Revenue Officer Vincent J. Tiano reported routine equity compensation activity. On March 15, 2026, 3,316 time-based restricted stock units vested and were converted into an equal number of common shares. To cover tax withholding obligations, 778 common shares were withheld at $43.88 per share rather than sold in the open market.
Tiano also received a new grant of 6,140 restricted stock units, each representing a contingent right to one share of common stock that will vest in three equal annual installments beginning March 15, 2027. Following these transactions, he directly holds 13,032 shares of common stock and retains unvested restricted stock units tied to 4,893 underlying shares, reflecting ongoing, compensation-related alignment with shareholders rather than discretionary market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,316 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 6,140 | $0.00 | -- |
| Exercise | Common Stock | 3,316 | $0.00 | -- |
| Tax Withholding | Common Stock | 778 | $43.88 | $34K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
Footnotes (1)
- Represents the conversion of restricted stock units that vested on March 15, 2026. These are time-based restricted stock units that vest in three equal annual installments commencing on March 15, 2026. 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 3,316 time-based restricted stock units vested on March 15, 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, 2027. These are time-based restricted stock units that vest in three equal annual installments commencing on March 6, 2025. These are time-based restricted stock units that vest in five equal annual installments commencing on March 1, 2023.