secwatch.observer — SEC 8-K summary
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Issuer:     RPM INTERNATIONAL INC/DE/ (RPM)
CIK:        0000110621
Form:       8-K
Filed at:   2026-06-02T20:25:45+00:00
Accession:  0001193125-26-253577
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/110621/000119312526253577/0001193125-26-253577-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/110621/000119312526253577/d141677d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-253577

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