Tredegar (TG) executive has 8,533 shares withheld to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tredegar Corp executive Kevin Cyril Donnelly reported a routine tax-related share disposition. On May 11, 2026, 8,533 shares of Tredegar common stock were withheld by the company at $9.36 per share to cover income taxes due on the vesting of previously granted restricted stock. After this withholding, Donnelly directly owned 171,448 shares of Tredegar common stock. This event reflects compensation-related tax withholding rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Donnelly Kevin Cyril
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Tredegar Common Stock | 8,533 | $9.36 | $80K |
Holdings After Transaction:
Tredegar Common Stock — 171,448 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares: 8,533 shares
Withholding price per share: $9.36 per share
Shares held after transaction: 171,448 shares
+1 more
4 metrics
Tax-withheld shares
8,533 shares
Shares withheld for tax liability on May 11, 2026
Withholding price per share
$9.36 per share
Value used for tax-withholding disposition
Shares held after transaction
171,448 shares
Direct Tredegar common stock ownership after withholding
Tax-withholding shares count
8,533 shares
Reported as taxWithholdingShares in transaction summary
Key Terms
restricted stock, tax liability, Tredegar Common Stock, tax-withholding disposition
4 terms
restricted stock financial
"upon the vesting of shares of restricted stock previously granted on May 11, 2023"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax liability financial
"shares withheld by the Issuer for payment of the tax liability incurred upon the vesting"
Tredegar Common Stock financial
"security_title": "Tredegar Common Stock""
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Tredegar (TG) report for Kevin Cyril Donnelly?
Tredegar reported that Kevin Cyril Donnelly had 8,533 common shares withheld to pay taxes. The withholding occurred on May 11, 2026, in connection with vesting of previously granted restricted stock rather than an open-market sale.
Was the Tredegar (TG) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Tredegar to cover Donnelly’s tax liability from restricted stock vesting, using existing shares instead of cash.
What triggered the tax-withholding disposition reported for Tredegar (TG)?
The disposition was triggered by the vesting of restricted stock previously granted to Donnelly on May 11, 2023. When those restricted shares vested, Tredegar withheld 8,533 shares to cover the associated tax liability.