Every material Form 8-K MYERS INDUSTRIES INC has filed with the SEC since August 31, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Myers Industries reported third-quarter 2026 net sales of $171.3 million, up 8.1% from a year earlier, but income from continuing operations fell 25.1% to $4.7 million, and the company posted a net loss of $865,000 after a $5.6 million loss from discontinued operations. Adjusted earnings per diluted share rose 3.2% to $0.32, while gross margin fell to 27.3% from 31.1% on higher resin costs and unfavorable mix, and management expects significant sequential margin improvement in the fourth quarter.
Net sales were $171.3 million versus $158.5 million; diluted EPS from continuing operations was $0.13 versus $0.17, and adjusted EPS was $0.32 versus $0.31.
Operating income fell 11.2% to $14.8 million and adjusted EBITDA fell 8.2% to $26.6 million; the company cited higher resin costs, unfavorable mix and unplanned maintenance.
Infrastructure revenue rose 38% and Food & Beverage rose 12%, while Vehicle was outlined as down for 2026 and Industrial and Consumer were flat year over year.
The sale of Myers Tire Supply was completed, with $23.6 million in proceeds from the sale of business, and the company recorded a $3.5 million loss on debt extinguishment from amending its credit agreement.
Myers Industries adopted an amended and restated Senior Officer Severance Plan on October 22, 2026, covering named executive officers including CEO Aaron Schapper and CFO Samantha Rutty. The changes raise cash severance terms, including adding Target Bonus to the calculation outside change-in-control periods and increasing the CEO's change-in-control multiplier from 2.5x to 3x.
Plan adopted October 22, 2026; prior plan was amended and restated effective April 26, 2023
Target Bonus added to cash severance calculation outside the Change in Control protection period
CEO change-in-control severance multiplier increased from 2.5x to 3x; new Executive Leadership Team tier set at 2x
Myers Industries agreed on August 31, 2026 to sell all membership interests in Myers Tire Supply, its North American tire supply distribution business, to TAPS Holdings, LLC, for $30 million, subject to customary post-closing adjustments. The company says the sale advances its transformation toward engineered resin and composite products and strengthens its balance sheet, though the filing gives no financial results for the business.
Consideration is $30 million, subject to post-closing adjustments for cash, indebtedness, net working capital and transaction expenses.
The buyer is TAPS Holdings, LLC; the press release identifies it as Lion Equity Partners, a Denver-based private equity firm.
Myers has agreed to non-competition and non-solicitation restrictions for 36 months after closing, with carve-outs for certain subsidiaries and Patch Rubber Company.
The buyer obtained a buyer-side representation and warranty insurance policy at its own expense.
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