---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-062474"
form_type: "8-K"
ticker: "MTUS"
cik: "0001598428"
company_name: "Metallus Inc."
filed_at: "2024-05-20T23:59:59+00:00"
generated_at: "2026-06-01T12:44:19.720092+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Metallus settles $121M in pension obligations via Prudential annuity; expects $3M Q2 gain

## Summary
- Agreement with Prudential to purchase group annuity covering ~$121M of remaining U.S. pension obligations.
- Prudential will pay future benefits starting Aug 1, 2024 for all remaining Salaried Pension Plan participants; benefits unchanged.
- Funded entirely from existing plan assets; no cash contribution required from Metallus.
- Expects non-cash pension settlement gain of ~$3M in Q2 2024.

## SEC filing metadata
- accession: 0000950170-24-062474
- form_type: 8-K
- ticker: MTUS
- cik: 0001598428
- company_name: Metallus Inc.
- filed_at: 2024-05-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1598428/000095017024062474/0000950170-24-062474-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1598428/000095017024062474/mtus-20240515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-062474
- JSON: https://secwatch.observer/filing/0000950170-24-062474.json
- Plain text: https://secwatch.observer/filing/0000950170-24-062474.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.