SEC EDGAR · Company announcement
RPM: Material agreement · Leadership change
Filed 8-K for an event or period dated 2026-05-27. Material agreement; Leadership change.
Follow RPM- Became public
- Jun 2, 2026, 4:25 PM EDT
- Event / period date
- May 27, 2026
- Collected
- Nov 10, 2026, 6:56 AM EST
Why this is connected
This filing identifies RPM INTERNATIONAL INC/DE/ as the issuer of the security. The company's SEC identifier connects it to RPM.
Source evidence
Read the source excerpt or record
Item 1.01 Entry into a Material Definitive Agreement Amendment of Accounts Receivable Securitization Facility On May 27, 2026, RPM International Inc. (the “Company”) amended its existing $300.0 million accounts receivable securitization facility (the “A/R Facility”) by entering into (i) Amendment No. 11 to Amended and Restated Receivables Purchase Agreement, dated as of May 27, 2026 (the “RPA Amendment”), among the Company, RPM Funding Corporation, a special purpose entity (the “SPE”) whose voting interests are wholly owned by the Company, certain purchasers from time to time party thereto, PNC Bank, National Association, as administrative agent, and PNC Capital Markets LLC, as structuring agent, and (ii) Amendment No. 14 to Second Amended and Restated Receivables Sale Agreement, dated as of May 27, 2026 (the “RSA Amendment”, and together with the RPA Amendment, the “Amendments”), among certain subsidiaries of the Company (the “Originators”) and the SPE. Among other things, the Amendments: • remove the credit spread adjustment for SOFR-based credit extensions; • eliminate the interest coverage ratio financial covenant; • clarify that the Applicable Margin (as defined in the RPA Amendment) applies to both SOFR-based and alternate-base-rate credit extensions, in accordance with the parties’ past practice; • add a leverage ratio financial covenant that the Company must comply with if the Company does not maintain an investment grade public debt rating with at least two specified rating agencies, which to the extent applicable requires that the Company not permit its leverage ratio (defined as the ratio of consolidated total indebtedness (less unencumbered cash and cash equivalents) to consolidated EBITDA for the four most recent fiscal quarters) as at the end of any fiscal
Congressional trading in RPM
These disclosures provide context. Their presence does not establish a link between a trader and the event.
- Oct 29, 2026$1K–$15K
Rep. David J. Taylor (R-OH-2)
$1K–$15K · Traded Oct 15, 2026 · disclosed Oct 29, 2026
- Oct 15, 2026$1K–$15K
Rep. David J. Taylor (R-OH-2)
$1K–$15K · Traded Oct 9, 2026 · disclosed Oct 15, 2026
- Mar 20, 2026$1K–$15K
Rep. David J. Taylor (R-OH-2)
$1K–$15K · Traded Mar 12, 2026 · disclosed Mar 20, 2026
- Mar 20, 2026$1K–$15K
Rep. David J. Taylor (R-OH-2)
$1K–$15K · Traded Mar 11, 2026 · disclosed Mar 20, 2026
- Mar 6, 2026$1K–$15K
Rep. David J. Taylor (R-OH-2)
$1K–$15K · Traded Feb 26, 2026 · disclosed Mar 6, 2026
- Feb 2, 2026$1K–$15K
Rep. David J. Taylor (R-OH-2)
$1K–$15K · Traded Jan 29, 2026 · disclosed Feb 2, 2026
- Feb 2, 2026$1K–$15K
Rep. David J. Taylor (R-OH-2)
$1K–$15K · Traded Jan 16, 2026 · disclosed Feb 2, 2026
- Nov 18, 2025$1K–$15K
Rep. David J. Taylor (R-OH-2)
$1K–$15K · Traded Nov 11, 2025 · disclosed Nov 18, 2025
Original documents control. Public records can be amended, and company connections may require interpretation. Nothing here is investment advice.