MYERS INDUSTRIES INC·4

Mar 11, 4:00 PM ET

Rutty Samantha 4

Research Summary

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Updated

Myers Industries (MYE) EVP/CFO Samantha Rutty Receives Award

What Happened

  • Samantha Rutty, EVP and Chief Financial Officer of Myers Industries (MYE), was granted two awards on March 9, 2026: 14,605 restricted stock units (RSUs) and 14,605 performance stock units (PSUs), for a total of 29,210 contingent units. Both awards are reported on the Form 4 as acquisitions (code A) with an acquisition price of $0.00. These are compensation awards (derivative securities), not open-market purchases or sales.

Key Details

  • Transaction date: March 9, 2026; Filing date: March 11, 2026 (appears timely — within two business days of the transaction).
  • Reported acquisition price: $0.00 for both awards.
  • RSU vesting: 14,605 RSUs vest in three equal annual installments on March 16, 2027, March 16, 2028, and March 16, 2029 (Footnote F2).
  • PSU terms: 14,605 PSUs are payable based on cumulative adjusted earnings per share over the three-year performance period ending December 31, 2028, with a modifier based on relative total shareholder return (Footnote F3).
  • Nature of units: Each RSU/PSU represents a contingent right to receive one share of common stock upon vesting/achievement (Footnote F1).
  • Shares owned after transaction: Not specified in the provided filing.

Context

  • These awards are derivative compensation instruments that convert to actual shares only if and when vesting and/or performance conditions are met. They do not involve an immediate cash purchase or sale and are standard executive compensation; they should be viewed as part of long-term pay rather than a direct bullish or bearish trading signal.