Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On January 9, 2025, the Board of Directors (the “Board”) of Tredegar Corporation (the “Company”) increased the size of the Board from six to seven and elected Christine R. Vlahcevic as director of the Company, in each case, effective immediately. Ms. Vlahcevic will be named to one or more committees of the Board at the next scheduled Board meeting.
The Board affirmatively determined that Ms. Vlahcevic qualifies as an independent director under the Company’s director independence standards and the applicable rules of the New York Stock Exchange. There are no arrangements or understandings between Ms. Vlahcevic and any other persons pursuant to which she was selected as a director. Additionally, there are no transactions involving the Company and Ms. Vlahcevic that the Company would be required to report pursuant to Item 404(a) of Regulation S-K.
Ms. Vlahcevic will be compensated for her service on the Board pursuant to the Company’s existing compensation program for non-employee directors, which is described under “Compensation of Directors” in the Company’s proxy statement for the 2024 Annual Meeting of Shareholders (filed with the Securities and Exchange Commission on March 26, 2024), as adjusted by the Board from time to time.
Item 7.01. | Regulation FD Disclosure. |
On January 15, 2025, in connection with Ms. Vlahcevic’s election to the Board, the Company issued a press release, a copy of which is attached as Exhibit 99.1 and incorporated by reference in this Item 7.01.
In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01. | Financial Statement and Exhibits. |