secwatch.observer — SEC 8-K summary
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Issuer:     TREDEGAR CORP (TG)
CIK:        0000850429
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0000850429-22-000015
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Tredegar approves 2022 incentive plans for CEO/CFO; shareholders re-elect all directors
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- CEO Steitz: 2022 annual incentive threshold 50%, target 100%, max capped at 100% of base salary.
- CFO Edwards: threshold 35%, target 70%, max 140%; payout also subject to operational goals.
- LTIP for both based on cumulative EBITDA for 2022-2023; payout adjusted by TSR vs S&P 600 Industrials/Materials.
- Shareholders re-elected all 8 director nominees; say-on-pay approved with 24.8M for vs 1.37M against.
- KPMG ratified as auditor for FY2022 with 30.4M for vs 0.46M against.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/850429/000085042922000015/0000850429-22-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/850429/000085042922000015/tg-20220510.htm
  HTML page:      https://secwatch.observer/filing/0000850429-22-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer