TREDEGAR CORP 8-K/A

What Happened
Tredegar Corporation filed an amended Current Report on Form 8-K/A (filed Jan 6, 2026) to update compensation details for its newly elected executives. The board previously announced Arijit (Bapi) DasGupta as President & Chief Executive Officer and Frasier W. Brickhouse, II as Vice President & Chief Financial Officer, each effective January 1, 2026; this amendment provides the specific salary, incentive and severance-related terms.

Key Details

• Arijit (Bapi) DasGupta, President & CEO (effective Jan 1, 2026): annual base salary $625,000; target short-term incentive 100% of base (maximum 200%); target long-term incentive 100% of base. Post‑retirement/termination (other than for cause) benefits include 12 months COBRA, prorated restricted stock and performance-unit awards (if earned), and prorated short-term cash incentives (if earned).
• Frasier W. Brickhouse, II, VP & CFO (effective Jan 1, 2026): annual base salary $400,000; target short-term incentive 60% of base (maximum 120%); target long-term incentive 80% of base. For not‑for‑cause termination he is eligible for one times annual base salary, 12 months COBRA, and prorated performance-unit and short-term incentive awards (if earned).
• This 8-K/A amends the Prior 8-K filed Nov 20, 2025 to reflect compensation terms determined after that filing.

Why It Matters
Investors should note the company’s leadership transition and the explicit compensation/incentive structure for its new CEO and CFO, which affect executive pay expense and alignment with performance goals. The severance and prorated award provisions define potential near‑term cash and equity outflows if either executive departs or retires (other than for cause), providing clarity on management costs tied to the transition.