{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-271467","form_type":"8-K","ticker":"TG","cik":"0000850429","company_name":"TREDEGAR CORP","filed_at":"2023-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.150908+00:00","generated_at":"2026-06-08T21:41:53.965352+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Tredegar Corporation Enters Pension Buyout Agreement with Massachusetts Mutual Life Insurance Company","bullets":["Purchased a nonparticipating single premium group annuity contract for approximately $157.5 million.","Company contributed about $27.7 million to fully fund the Tredegar Corporation Retirement Income Plan.","Transfer of pension liabilities affects 2,782 U.S. retirees, beneficiaries, and vested terminated participants.","Expects to recognize a non-cash pension settlement charge of approximately $69 million in Q4 2023.","Massachusetts Mutual Life Insurance Company will begin paying benefits on January 1, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-271467","json":"https://secwatch.observer/filing/0001193125-23-271467.json","markdown":"https://secwatch.observer/filing/0001193125-23-271467.md","text":"https://secwatch.observer/filing/0001193125-23-271467.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/850429/000119312523271467/0001193125-23-271467-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/850429/000119312523271467/d578688d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T21:41:53.965352+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"003740a1c4a87899babb65a6ee9b2ac5ac2bce0b","claim":"TREDEGAR CORP entered into Commitment Agreement with Massachusetts Mutual Life Insurance Company valued at approximately $157.5 million (effective 2023-10-31).","evidence_excerpt":"On October 31, 2023, Tredegar Corporation (the “Company”) entered into a commitment agreement (the “Commitment Agreement”) with Massachusetts Mutual Life Insurance Company (the “Insurer”) pursuant to which the Company purchased a nonparticipating single premium group annuity contract for approximately $157.5 million","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/850429/000119312523271467/0001193125-23-271467-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Massachusetts Mutual Life Insurance Company"},{"label":"Value","value":"approximately $157.5 million"},{"label":"Effective","value":"2023-10-31"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}