Miller Industries (MLR) CIO reports RSU vesting, tax withholding and new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Miller Industries Chief Information Officer Josias W. Reyneke reported routine equity compensation activity. On March 15, 2026, 3,316 time-based restricted stock units vested and were converted into the same number of common shares. To cover tax withholding obligations, 778 common shares were withheld at $43.88 per share. Reyneke also received a new grant of 6,140 restricted stock units that vest in three equal annual installments beginning March 15, 2027. Following these transactions, he directly owns 13,032 common shares and holds restricted stock units covering 2,893 and 2,000 underlying shares that vest over future periods.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,316 shares exercised/converted
Mixed
6 txns
Insider
Reyneke Josias W.
Role
Chief Information Officer
| 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 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 6,632 shares (Direct);
Common Stock — 13,810 shares (Direct)
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.
FAQ
What insider transactions did Miller Industries (MLR) disclose for Josias W. Reyneke?
Miller Industries reported that CIO Josias W. Reyneke had 3,316 restricted stock units vest and convert into common shares, received a new grant of 6,140 restricted stock units, and had 778 common shares withheld to satisfy tax obligations on March 15, 2026.
What new equity award did the Miller Industries (MLR) CIO receive?
The CIO received a grant of 6,140 restricted stock units on March 15, 2026. These time-based units vest in three equal annual installments beginning March 15, 2027, each representing a contingent right to receive one share of Miller Industries common stock.
What unvested equity does the Miller Industries (MLR) CIO still have outstanding?
The CIO holds restricted stock units linked to 2,893 and 2,000 underlying common shares. These awards are time-based and vest in scheduled annual installments beginning March 6, 2025 and March 15, 2027, providing additional potential future share deliveries if vesting conditions are met.