Schapper Aaron M 4

What Happened

• Aaron M. Schapper, President, CEO and Director of Myers Industries (MYE), received two equity awards on March 9, 2026: 60,703 restricted stock units (RSUs) and 60,703 performance stock units (PSUs). Both awards are reported as derivative grants at $0.00 (no cash paid). Combined, the awards represent a potential 121,406 shares of common stock if all PSUs vest.
• The RSUs vest in three equal annual installments on March 16, 2027; March 16, 2028; and March 16, 2029. The PSUs are contingent on the company’s cumulative adjusted earnings per share over the three‑year performance period ending December 31, 2028, and include a modifier tied to relative total shareholder return.

Key Details

• Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (timely within the two‑business‑day rule).
• Reported as awards (code A) and recorded at $0.00 (derivative grants).
• Shares granted: 60,703 RSUs + 60,703 PSUs = 121,406 potential shares.
• RSU vesting: three equal annual installments on 3/16/2027, 3/16/2028, 3/16/2029.
• PSU performance period: cumulative adjusted EPS over a three‑year period ending 12/31/2028; payout adjusted by relative TSR modifier.
• Shares owned after the transaction: not specified in the provided filing.
• No sale or purchase of shares occurred; these are compensation awards.

Context

• RSUs give the holder a contingent right to receive shares upon vesting; PSUs pay out shares only if performance targets are met and can be reduced or increased by the TSR modifier. These awards are standard executive compensation and do not necessarily signal the insider’s intent to buy or sell stock.