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Myers Industries (NYSE: MYE) director defers 6,250-share stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Myers Industries director Ronald M. DeFeo restructured part of his equity compensation by deferring a vested stock award into stock units rather than taking shares immediately. He disposed of 6,250 shares of common stock back to the issuer in exchange for 6,250 restricted stock units that convert into common stock on a one-for-one basis.

After these transactions, DeFeo directly holds 59,788 shares of common stock and 6,250 restricted stock units. The stock units will be settled in an equal number of shares after he ceases to serve as a director, or as soon thereafter as reasonably practical.

Positive

  • None.

Negative

  • None.
Insider DEFEO RONALD M
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 6,250 $0.00 --
Disposition Common Stock 6,250 $0.00 --
Holdings After Transaction: Restricted Stock Units — 6,250 shares (Direct, null); Common Stock — 59,788 shares (Direct, null)
Footnotes (1)
  1. Upon the vesting of restricted stock units granted to the reporting person on May 5, 2025, the reporting person deferred the receipt of shares of common stock for such award and instead received stock units. As a result, the reporting person is reporting the disposition of 6,250 shares of common stock in exchange for an equal number of restricted stock units. On the date that the reporting person ceases to be a director for any reason whatsoever, or as soon thereafter as is reasonably practical, the Issuer shall make a payment to the reporting person of one share for every stock unit then held by the reporting person as payment with respect to each such stock unit. Restricted stock units convert into common stock on a one-for-one basis. On May 5, 2025, the reporting person was awarded 6,250 restricted stock units with respect to the reporting person's service as a director of the Issuer commencing on that date until the 2026 Annual Meeting of Shareholders, at which time the reporting person's award vested. The reporting person deferred the receipt of common stock for such award and instead received stock units.
Shares disposed to issuer 6,250 shares Common Stock disposition on April 23, 2026
Restricted stock units granted 6,250 units Award tied to director service commencing May 5, 2025
Common shares held after transaction 59,788 shares Direct ownership following April 23, 2026 disposition
RSU conversion ratio 1 share per unit Restricted stock units convert into common stock one-for-one
Director stock units payout trigger Upon ceasing to be director Shares delivered after board service ends or soon thereafter
Restricted Stock Units financial
"On May 5, 2025, the reporting person was awarded 6,250 restricted stock units..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
stock units financial
"deferred the receipt of shares of common stock for such award and instead received stock units."
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
Annual Meeting of Shareholders financial
"service as a director of the Issuer commencing on that date until the 2026 Annual Meeting of Shareholders..."
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
one-for-one basis financial
"Restricted stock units convert into common stock on a one-for-one basis."
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DEFEO RONALD M
(Last)(First)(Middle)
1293 SOUTH MAIN STREET
(Street)
AKRON OHIO 44301
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
MYERS INDUSTRIES INC [ MYE ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/23/2026D6,250D(1)59,788D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)04/23/2026A6,250 (3) (3)Common Stock6,250$06,250D
Explanation of Responses:
1. Upon the vesting of restricted stock units granted to the reporting person on May 5, 2025, the reporting person deferred the receipt of shares of common stock for such award and instead received stock units. As a result, the reporting person is reporting the disposition of 6,250 shares of common stock in exchange for an equal number of restricted stock units. On the date that the reporting person ceases to be a director for any reason whatsoever, or as soon thereafter as is reasonably practical, the Issuer shall make a payment to the reporting person of one share for every stock unit then held by the reporting person as payment with respect to each such stock unit.
2. Restricted stock units convert into common stock on a one-for-one basis.
3. On May 5, 2025, the reporting person was awarded 6,250 restricted stock units with respect to the reporting person's service as a director of the Issuer commencing on that date until the 2026 Annual Meeting of Shareholders, at which time the reporting person's award vested. The reporting person deferred the receipt of common stock for such award and instead received stock units.
/s/ J. Bret Treier, attorney in fact for Ronald M. De Feo04/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Myers Industries (MYE) director Ronald DeFeo report on this Form 4?

Ronald DeFeo reported an internal equity compensation change involving 6,250 shares. He returned 6,250 common shares to Myers Industries and received 6,250 restricted stock units that will later convert into common stock on a one-for-one basis.

Did Ronald DeFeo buy or sell Myers Industries (MYE) stock in the open market?

No, the filing shows no open-market buying or selling. DeFeo disposed of 6,250 shares back to the issuer and received 6,250 restricted stock units, reflecting a compensation deferral rather than a market trade.

How many Myers Industries (MYE) shares does Ronald DeFeo hold after this Form 4?

After the reported transactions, DeFeo directly holds 59,788 shares of Myers Industries common stock. He also holds 6,250 restricted stock units, which are a separate deferred equity component tied to his board service.

What are the terms of Ronald DeFeo’s 6,250 restricted stock units in Myers Industries (MYE)?

The 6,250 restricted stock units convert into common stock on a one-for-one basis. They were awarded for DeFeo’s board service from May 5, 2025 until the 2026 Annual Meeting of Shareholders, when the award vested and was deferred into stock units.

When will Ronald DeFeo receive Myers Industries (MYE) shares from these stock units?

The company will deliver one share for each stock unit when DeFeo ceases to be a director, or as soon thereafter as reasonably practical. At that time, the 6,250 stock units will be paid out in an equal number of common shares.

Why does the Myers Industries (MYE) Form 4 show both a disposition and an acquisition for 6,250 units?

The disposition reflects 6,250 common shares being given up to the issuer, while the acquisition records 6,250 restricted stock units received in exchange. This mirrors DeFeo’s decision to defer a vested equity award into stock units.