Insider Sale Filed: 800 Tredegar (TG) Shares at $8.0245 Disclosed

Rhea-AI Filing Summary

Form 4 summary for TREDEGAR CORP (TG) - Multiple related reporting persons filed a Section 16 Form 4 disclosing dispositions of Tredegar common stock on 09/24/2025. The filing shows a sale of 800 shares at $8.0245 per share. Following the reported transaction, 2,200 shares are shown as indirectly beneficially owned by an entity identified as Investment Partnership I. Additional positions reported in the filing include 4,000 shares reported as disposed owned by Associated Capital Group, Inc., 4,000 shares held indirectly by Investment Partnership II, and 300 shares held indirectly by Investment Partnership III. Reporting parties include GAMCO Investors, Inc., Associated Capital Group, Inc., GGCP, Inc., and Mario J. Gabelli, with signatures by authorized filers.

Positive

• Clear, timely disclosure of insider transaction on 09/24/2025
• No derivative securities reported in Table II, simplifying ownership picture
• Joint filing and signatures by authorized parties indicate procedural compliance

Negative

• Insider sale of 800 shares at $8.0245 reduces reported indirect holdings
• Complex, layered ownership across affiliated entities could obscure direct economic exposure

Insights

Securities Analyst

TL;DR Routine insider dispositions disclosed; limited market impact unless tied to larger pattern.

The Form 4 records a specific sale of 800 shares at $8.0245 and reports post-transaction indirect ownership of 2,200 shares via Investment Partnership I. Several related entities and individuals filed jointly, consistent with aggregated reporting of indirect pecuniary interests. No derivative transactions are recorded in Table II. The disclosure is factual and compliant, providing transparency on insider trading activity but not indicating material corporate events.

Corporate Governance Expert

TL;DR Filing shows proper joint reporting and disclaimers; ownership is held through multiple affiliated entities.

The report clarifies complex ownership through GAMCO Investors, Associated Capital Group, GGCP, Inc., and Mario J. Gabelli and includes the required disclaimer about pecuniary interests. Signatures by an attorney-in-fact and general counsel are present, and the filing lists multiple indirect holdings (Investment Partnerships I–III). The disclosure meets Form 4 requirements and helps investors trace beneficial ownership across affiliated entities.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

GAMCO INVESTORS, INC. ET AL

(Last) (First) (Middle)

191 MASON STREET

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TREDEGAR CORP [ TG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/24/2025		S		800	D	$8.0245	2,200	I	By: Investment Partnership I(1)
Common Stock								4,000	D(2)
Common Stock								4,000	I	By: Investment Partnership II(1)
Common Stock								300	I	By: Investment Partnership III(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

GAMCO INVESTORS, INC. ET AL

(Last) (First) (Middle)

191 MASON STREET

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Associated Capital Group, Inc.

(Last) (First) (Middle)

191 MASON STREET

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

GGCP, INC.

(Last) (First) (Middle)

189 MASON STREET

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

GABELLI MARIO J

(Last) (First) (Middle)

191 MASON STREET

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. GAMCO Investors, Inc. and Associated Capital Group, Inc. have less than a 100% interest in this entity; GGCP, Inc. has less than a 100% interest in GAMCO Investors, Inc. and Associated Capital Group, Inc.; and Mario J. Gabelli has less than a 100% interest in GGCP, Inc. The amount of securities reported as beneficially owned reflects the total amount of securities held by this entity which is greater that the Reporting Persons' indirect pecuniary interests. The Reporting Persons hereby disclaim ownership of these securities in excess of their pecuniary interests.

2. These shares are owned by Associated Capital Group, Inc.

	/s/ Douglas R. Jamieson, Attorney-In-Fact for MARIO J. GABELLI, GGCP INC., and ASSOCIATED CAPITAL GROUP, INC.	09/25/2025
	/s/ Peter D. Goldstein, General Counsel for GAMCO INVESTORS, INC.	09/25/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did the Form 4 filed for TREDEGAR CORP (TG) disclose?

The Form 4 discloses a sale of 800 shares of Tredegar common stock on 09/24/2025 at a price of $8.0245 per share and reports various indirect holdings across affiliated entities.

Who are the reporting persons on this Form 4 for TG?

Reporting persons include GAMCO Investors, Inc., Associated Capital Group, Inc., GGCP, Inc., and Mario J. Gabelli, with signatures by authorized representatives.

How many shares are shown as beneficially owned after the reported transaction?

The filing shows 2,200 shares indirectly beneficially owned by Investment Partnership I after the reported sale; other holdings listed include 4,000 disposed (Associated Capital Group), 4,000 indirect (Investment Partnership II), and 300 indirect (Investment Partnership III).

Were any derivative transactions reported in this Form 4 for TG?

No; Table II for derivative securities shows no entries, indicating no derivative transactions were reported.

When was the Form 4 signed and filed?

The filing includes signatures dated 09/25/2025 by the attorney-in-fact and general counsel for the reporting persons.