secwatch.observer — SEC 8-K summary
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Issuer:     MILLER INDUSTRIES INC /TN/ (MLR)
CIK:        0000924822
Form:       8-K
Filed at:   2022-03-07T23:59:59+00:00
Accession:  0000924822-22-000004
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Miller Industries grants 160,000 RSUs to execs, adopts new bonus plan, elects officers
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- 160,000 RSUs granted to 7 executives (Miller II 60k, Badgley 30k, Whitmire 30k, others 10k each) vesting over 5 years.
- New annual cash bonus program: 2% of pretax income $10M-$30M, 4% $30M-$40M, 6% above $40M.
- Stock ownership guidelines require RSUs held for 5 years post-vesting; no sales until target ownership achieved.
- Board elects Miller II as Chairman/CEO, Whitmire as EVP/CFO, Badgley as President International/Military, and others.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924822/000092482222000004/0000924822-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924822/000092482222000004/mlr-20220301x8k.htm
  HTML page:      https://secwatch.observer/filing/0000924822-22-000004

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