Routine plan amendment with no immediate trading signal. Monitor for any future Change-in-Control events that would trigger enhanced payouts.
Price Chart
Executive Summary
Myers Industries adopted an amended and restated Senior Officer Severance Plan on October 22, 2026. Key changes include adding Target Bonus to the cash severance calculation outside a Change in Control and increasing the CEO's Change-in-Control severance multiplier from 2.5x to 3x, while adding a 2x multiplier for other Executive Leadership Team members. This is a routine compensatory arrangement with no immediate financial impact.
Key Facts
- Amended and restated Senior Officer Severance Plan effective October 22, 2026.
- CEO Change-in-Control severance multiplier increased from 2.5x to 3x (Base Salary + Target Bonus).
- New Executive Leadership Team tier with 2x multiplier for Change-in-Control severance.
- Target Bonus now included in cash severance calculation outside a Change in Control.
- Plan covers named executive officers: Aaron Schapper (CEO), Samantha Rutty (CFO), Kari Brashear (CLO), Lorelei Evans (CHRO).
Financial Impact
No specific dollar amounts disclosed; changes increase potential severance costs for CEO and ELT members in a Change-in-Control scenario.
Risk Factors
- Enhanced severance could increase cash outflow in a Change-in-Control scenario.
- No material risk to current operations or financials.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-430415 |
| Document: mye-20261022.htm | 0001193125-26-430415 |
| Document: 0001193125-26-430415-index-headers.html | 0001193125-26-430415 |
| Document: 0001193125-26-430415-index.html | 0001193125-26-430415 |
| Document: 0001193125-26-430415.txt | 0001193125-26-430415 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | Institutional Cluster | $32.40 | awaiting T+60 | awaiting T+60 | $32.20 (−0.62%) |
Oct 23, 2026 5d ago | 8-K | $32.06 | awaiting T+60 | awaiting T+60 | $32.20 (+0.44%) |
Aug 31, 2026 8w ago | 8-K | $31.20 | awaiting T+60 | awaiting T+60 | $32.20 (+3.21%) |
Jul 30, 2026 12w ago | 8-K | $32.97 $32.13 | ▼ −2.55% | ▼ −5.01% | $32.20 (−2.34%) |
May 7, 2026 24w ago | 8-K | $22.40 $36.74 | ▲ +64.02% | ▲ +60.18% | $32.20 (+43.75%) |
Mar 5, 2026 33w ago | 8-K | $22.63 $22.69 | ▲ +0.25% | ▼ −11.05% | $32.20 (+42.26%) |
US Market Status
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