Myers Industries (NYSE: MYE) CEO awarded new RSUs and PSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schapper Aaron M reported acquisition or exercise transactions in this Form 4 filing.
Myers Industries President and CEO Aaron M. Schapper received new equity awards in the form of restricted and performance stock units. On March 9, 2026, he was granted 60,703 restricted stock units, each representing one share of common stock, vesting in three equal annual installments on March 16, 2027, March 16, 2028, and March 16, 2029. He also received 60,703 performance stock units, each tied to one share of common stock based on the company’s cumulative adjusted earnings per share over a three-year period ending December 31, 2028, with results further adjusted by relative total shareholder return.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Schapper Aaron M
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 60,703 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 60,703 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 60,703 shares (Direct);
Performance Stock Units — 60,703 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock On March 9, 2026, the reporting person was granted 60,703 restricted stock units, vesting in three equal annual installments on March 16, 2027, March 16, 2028, and March 16, 2029. Each performance stock unit represents a contingent right to receive one share of the Issuer's Common Stock based upon the Issuer's cumulative adjusted earnings per share over a three-year performance period ending December 31, 2028, subject to a modifier based on relative total shareholder return.
FAQ
What insider transactions did Myers Industries (MYE) report for Aaron M. Schapper?
Myers Industries reported that President and CEO Aaron M. Schapper received grants of restricted stock units and performance stock units. These awards give him the contingent right to receive shares of common stock as part of his long-term equity compensation package.
How many restricted stock units did the Myers Industries CEO receive?
Aaron M. Schapper was granted 60,703 restricted stock units. Each unit represents a contingent right to receive one share of Myers Industries common stock, vesting over three years in equal installments on March 16, 2027, March 16, 2028, and March 16, 2029.
What are the vesting terms for Aaron Schapper’s restricted stock units at MYE?
The 60,703 restricted stock units granted to Aaron Schapper vest in three equal annual installments. The vesting dates are March 16, 2027, March 16, 2028, and March 16, 2029, assuming continued service and any other plan conditions are satisfied.
How do Myers Industries performance stock units for the CEO work?
Aaron Schapper’s 60,703 performance stock units each represent a contingent right to one share of common stock. Payout depends on cumulative adjusted earnings per share over a three-year period ending December 31, 2028, and is modified by relative total shareholder return performance.
Are the Myers Industries CEO’s equity awards based on company performance?
Yes. The performance stock units are tied to Myers Industries’ cumulative adjusted earnings per share over a three-year period through December 31, 2028, with a modifier based on relative total shareholder return, directly linking potential shares earned to company performance.