Tredegar (TG) 10% owner reports open‑market sale of 3,483 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tredegar Corp’s 10% owner William M. Gottwald reported indirect open-market sales of Tredegar common stock. Entities associated with him sold a total of 3,483 shares, including 3,419 shares on February 18 at a weighted price of $8.872 and 64 shares on February 17 at $8.80 per share.
After these sales, the filing lists 583,967 shares of Tredegar common stock indirectly held in the selling account, along with additional indirect family and trust holdings of 6,197, 847,470, and 211,260 shares as of February 17. Footnotes clarify that some shares are owned by his wife, for whom he disclaims beneficial ownership, and others are held in various trusts where he serves as trustee or co‑trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,483 shares ($30,897)
Net Sell
5 txns
Insider
GOTTWALD WILLIAM M
Role
10% Owner
Sold
3,483 shs ($31K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Tredegar Common Stock | 3,419 | $8.872 | $30K |
| Sale | Tredegar Common Stock | 64 | $8.80 | $563.20 |
| holding | Tredegar Common Stock | -- | -- | -- |
| holding | Tredegar Common Stock | -- | -- | -- |
| holding | Tredegar Common Stock | -- | -- | -- |
Holdings After Transaction:
Tredegar Common Stock — 583,967 shares (Indirect, Footnote)
Footnotes (1)
- Owned by wife. (Reporting person disclaims beneficial ownership.) Held as co-trustee FBO (among others) reporting person's family u/w Floyd D. Gottwald. Held by the reporting Person as trustee of the William Michael Gottwald Revocable Trust. Held as co-trustee of the Residual 10-Year CLAT UA FDGJR Living Trust. Represents weighted sales price. The shares sold at prices ranging from $8.80 to $8.96. The reporting Person will provide upon request to the Securities and Exchange Commission (the "SEC"), the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
FAQ
What insider transaction did Tredegar (TG) report for William M. Gottwald?
Tredegar reported that entities associated with 10% owner William M. Gottwald sold 3,483 shares of Tredegar common stock in open-market transactions. These indirect sales occurred over two days and were disclosed on a Form 4 insider trading report.
What does the weighted average sale price mean in the Tredegar (TG) Form 4?
The Form 4 states that the $8.872 figure is a weighted average sale price for the 3,419-share sale. Individual shares were sold between $8.80 and $8.96, and the reporting person will provide detailed price breakdowns on request to the SEC, issuer, or shareholders.
Does the Tredegar (TG) filing show whether the insider has direct or indirect ownership?
All reported holdings are classified as indirect, with ownership described through footnotes. These include shares owned by his spouse and several trusts, where he serves as trustee or co‑trustee, rather than direct personal holdings of Tredegar common stock.