---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-253577"
form_type: "8-K"
ticker: "RPM"
cik: "0000110621"
company_name: "RPM INTERNATIONAL INC/DE/"
filed_at: "2026-06-02T20:25:45+00:00"
generated_at: "2026-06-02T20:28:13.327899+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# RPM amends $300M A/R securitization facility; VP-Operations Kinser reassigned to subsidiary role

## Summary
- Amendment eliminates interest coverage ratio covenant and adds leverage ratio covenant (max 3.75x) if not investment grade.
- Amortization event thresholds increased to $250M for company and $50M for Originators.
- Timothy R. Kinser resigned as VP-Operations, became Project Management Officer at RPM Enterprises subsidiary effective May 29, 2026.

## SEC filing metadata
- accession: 0001193125-26-253577
- form_type: 8-K
- ticker: RPM
- cik: 0000110621
- company_name: RPM INTERNATIONAL INC/DE/
- filed_at: 2026-06-02T20:25:45+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/110621/000119312526253577/0001193125-26-253577-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/110621/000119312526253577/d141677d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-253577
- JSON: https://secwatch.observer/filing/0001193125-26-253577.json
- Plain text: https://secwatch.observer/filing/0001193125-26-253577.txt

## Source-grounded claims
- claim_id: 1309733400
  claim: Timothy R. Kinser resigned as Vice President - Operations at RPM INTERNATIONAL INC/DE/.
  evidence_excerpt: On May 29, 2026, in connection with his planned retirement, Timothy R. Kinser resigned from his position as Vice President – Operations of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/110621/000119312526253577/0001193125-26-253577-index.htm
- claim_id: 2c1d3d8352
  claim: Timothy R. Kinser was appointed as Project Management Officer of RPM Enterprises, Inc. at RPM INTERNATIONAL INC/DE/.
  evidence_excerpt: Effective that same date, Mr. Kinser became Project Management Officer of RPM Enterprises, Inc., a subsidiary of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/110621/000119312526253577/0001193125-26-253577-index.htm
- claim_id: 504d569ef56cc4bdcce6b5a78717e10c2d72df78
  claim: RPM INTERNATIONAL INC/DE/ amended Amendment No. 14 to Second Amended and Restated Receivables Sale Agreement with certain subsidiaries of the Company (the “Originators”) and the SPE (effective 2026-05-27).
  evidence_excerpt: On May 27, 2026, RPM International Inc. (the “Company”) amended its existing $300.0 million accounts receivable securitization facility (the “A/R Facility”) by entering into (i) Amendment No. 11 to Amended and Restated Receivables Purchase Agreement, dated as of May 27, 2026 (the “RPA Amendment”), among the Company, RPM Funding Corporation, a special purpose entity (the “SPE”) whose voting interests are wholly owned by the Company, certain purchasers from time to time party thereto, PNC Bank, National Association, as administrative agent, and PNC Capital Markets LLC, as structuring agent, and (ii) Amendment No. 14 to Second Amended and Restated Receivables Sale Agreement, dated as of May 27, 2026 (the “RSA Amendment”, and together with the RPA Amendment, the “Amendments”), among certain subsidiaries of the Company (the “Originators”) and the SPE.
  evidence_url: https://www.sec.gov/Archives/edgar/data/110621/000119312526253577/0001193125-26-253577-index.htm
- claim_id: 88c7a7700e1c644e0b63eb2f1a3cb20aca3f2d82
  claim: RPM INTERNATIONAL INC/DE/ amended Amendment No. 11 to Amended and Restated Receivables Purchase Agreement with RPM Funding Corporation, certain purchasers, PNC Bank, National Association, PNC Capital Markets LLC valued at $300.0 million (effective 2026-05-27).
  evidence_excerpt: On May 27, 2026, RPM International Inc. (the “Company”) amended its existing $300.0 million accounts receivable securitization facility (the “A/R Facility”) by entering into (i) Amendment No. 11 to Amended and Restated Receivables Purchase Agreement, dated as of May 27, 2026 (the “RPA Amendment”), among the Company, RPM Funding Corporation, a special purpose entity (the “SPE”) whose voting interests are wholly owned by the Company, certain purchasers from time to time party thereto, PNC Bank, National Association, as administrative agent, and PNC Capital Markets LLC, as structuring agent, and (ii) Amendment No. 14 to Second Amended and Restated Receivables Sale Agreement, dated as of May 27, 2026 (the “RSA Amendment”, and together with the RPA Amendment, the “Amendments”), among certain subsidiaries of the Company (the “Originators”) and the SPE.
  evidence_url: https://www.sec.gov/Archives/edgar/data/110621/000119312526253577/0001193125-26-253577-index.htm

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