Business Context and Reporting Period
This Form 8-K is a current report filed by AptarGroup, Inc. on May 10, 2026. The filing discloses a change in the Company's executive leadership regarding the appointment of a new Chief Accounting Officer.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on personnel changes and associated compensation arrangements.
Material Changes
- Appointment: Aditya J. Gandhi was appointed as Vice President and Chief Accounting Officer, effective June 8, 2026.
- Departure: Daniel Ackerman will step down as Chief Accounting Officer and principal accounting officer on the same effective date to assume another leadership role within the Aptar Finance organization.
- Reporting Line: Mr. Gandhi will report to Vanessa Kanu, Executive Vice President and Chief Financial Officer.
Compensation and Management Commentary
In connection with his appointment, Mr. Gandhi received the following compensation package detailed in an offer letter dated May 10, 2026:
- Sign-on Bonus: A one-time payment of $105,000, payable within 60 days of the effective date. This bonus is subject to pro rata repayment if Mr. Gandhi voluntarily leaves the Company before completing two years of service.
- Equity Award: A one-time grant under the 2018 Equity Incentive Plan with an aggregate grant-date fair value of $715,000. This consists of:
- $305,000 in restricted stock units.
- $410,000 in performance-based restricted stock units.
- Background: Mr. Gandhi previously served as Chief Accounting Officer at Sonoco Products Company (2022–2026) and held various accounting leadership roles at WestRock Company and General Electric.
The filing states there are no family relationships between Mr. Gandhi and any director or executive officer, and no undisclosed arrangements regarding his appointment.
Investor Verification Checklist
- Verify the effective date of the leadership transition (June 8, 2026) and the interim status of the Chief Accounting Officer role.
- Review the specific vesting terms and performance metrics for the $410,000 performance-based restricted stock units, which are not detailed in this filing.
- Confirm the repayment conditions for the $105,000 sign-on bonus in the event of voluntary resignation.
- Monitor future filings for any additional compensation details or changes to the finance leadership structure.