other material
confidence high
sentiment neutral
materiality 0.45
Miller Industries amends severance plan; removes equity portion from bonus calculation
MILLER INDUSTRIES INC /TN/
- Compensation Committee approved Third Amended and Restated Severance Protection Plan on April 7, 2026.
- Amendment removes equity portion of a participant's annual bonus from severance benefit calculation.
- Plan renamed from 'Change in Control Severance Plan' to 'Severance Protection Plan'.
- No other substantive changes to the prior plan were made.