secwatch.observer — SEC 8-K summary
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Issuer:     MYERS INDUSTRIES INC (MYE)
CIK:        0000069488
Form:       8-K
Filed at:   2024-11-22T23:59:59+00:00
Accession:  0000950170-24-129920
Event type: leadership
Sentiment:  positive
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aaron Schapper appointed Myers Industries CEO effective Jan 1, 2025 with $800K base, $2.5M LTI
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- Aaron Schapper, former Valmont Industries executive, named President and CEO effective Jan 1, 2025; also joins Board.
- Base salary of $800,000, annual incentive target of 100% of base, and long-term incentive grant value of $2.5 million.
- Onboarding grant of stock options for 125,000 shares at a strike price equal to the grant date price on Jan 2, 2025.
- Dave Basque, who served as interim CEO since Sept 9, 2024, will return to his role as VP, Special Projects.
- Schapper is eligible for relocation assistance up to $2,500/month for 12 months and severance under the Senior Officer Severance Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/69488/000095017024129920/0000950170-24-129920-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/69488/000095017024129920/mye-20241121.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-129920

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