Myers Industries Files 8-K on Director Changes and Compensation

TL;DR

Myers Industries 8-K: Director shuffle and exec pay updates filed April 25.

AI Summary

Myers Industries, Inc. filed an 8-K on April 25, 2024, reporting on the departure of a director, the election of new directors, and executive compensation arrangements. The filing also covers the submission of matters to a vote of security holders and includes financial statements and exhibits.

Why It Matters

This filing provides updates on the company's governance and executive compensation, which can influence investor confidence and strategic direction.

Risk Assessment

Risk Level: low — The filing is routine and reports on corporate governance and compensation matters, not indicating immediate financial distress or significant operational changes.

Key Players & Entities

• MYERS INDUSTRIES INC (company) — Registrant
• Ohio (location) — State of Incorporation
• April 25, 2024 (date) — Date of Report

FAQ

Filing Documents

• mye-20240425.htm (8-K) — 115KB
• mye-ex10_1.htm (EX-10.1) — 79KB
• mye-ex10_2.htm (EX-10.2) — 169KB
• 0000950170-24-048379.txt ( ) — 528KB
• mye-20240425.xsd (EX-101.SCH) — 29KB
• mye-20240425_htm.xml (XML) — 4KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. As of the close of business on March 1, 2024, the record date for the Annual Meeting, 36,867,874 common shares were outstanding and entitled to vote. At the Annual Meeting, 33,987,335, or approximately 92.18%, of the outstanding common shares entitled to vote were represented in person or by proxy, including 957,569 broker non-votes. At the Annual Meeting, the shareholders of the Company voted as set forth below on the following proposals, each of which is described in detail in the Company's Proxy Statement. Proposal No. 1. Election of Directors. The Company's shareholders elected, with the respective votes set forth opposite their names, the following persons to the Company's Board of Directors to hold office until the 2025 annual meeting of shareholders or until their successors are duly elected and qualified: Name For Against Abstain Broker Non-Vote Yvette Dapremont Bright 32,099,198 773,007 157,561 957,569 Ronald M. De Feo 32,684,678 301,606 43,482 957,569 William A. Foley 31,967,018 896,227 166,521 957,569 Jeffrey Kramer 30,324,172 2,691,558 14,036 957,569 F. Jack Liebau, Jr. 31,942,956 1,040,593 46,217 957,569 Bruce M. Lisman 32,102,266 876,850 50,650 957,569 Lori Lutey 32,812,512 210,516 6,738 957,569 Michael McGaugh 32,771,966 251,555 6,245 957,569 Proposal No. 2. Adopt 2024 Employee Stock Purchase Plan. The Company's shareholders approved the adoption of the 2024 Myers Industries, Inc. Employee Stock Purchase Plan. Voting results on this proposal were as follows: For 32,928,293 Against 82,173 Abstain 19,300 Broker Non-Vote 957,569 Proposal No. 3. Adopt 2024 Long-Term Incentive Plan. The Company's shareholders approved the adoption of the Myers Industries, Inc. 2024 Long-Term Incentive Plan. Voting results on this proposal were as follows: For 31,953,588 Against 1,044,4

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits . Exhibit Number Description 10.1 2024 Myers Industries, Inc. Employee Stock Purchase Plan 10.2 Myers Industries, Inc. 2024 Long-Term Incentive Plan 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Myers Industries, Inc. By: /s/ Grant E. Fitz Grant E. Fitz Executive Vice President and Chief Financial Officer Date: April 25, 2024

View Full Filing

View this 8-K filing on SEC EDGAR