Tredegar (TG) 10% owner logs open-market sales via family trusts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tredegar Corp 10% owner William M. Gottwald reported open-market sales of Tredegar common stock through indirect holdings. On June 3, he sold 848 shares at $7.77 per share, and on June 2 he sold 197 shares at $8.00 per share, totaling 1,045 shares.
After these sales, individual indirect accounts shown in the filing report holdings ranging from thousands to hundreds of thousands of shares. Footnotes state that some shares are owned by his wife, for which he disclaims beneficial ownership, and others are held as trustee or co-trustee of family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,045 shares ($8,165)
Net Sell
5 txns
Insider
GOTTWALD WILLIAM M
Role
null
Sold
1,045 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Tredegar Common Stock | 848 | $7.77 | $7K |
| Sale | Tredegar Common Stock | 197 | $8.00 | $2K |
| holding | Tredegar Common Stock | -- | -- | -- |
| holding | Tredegar Common Stock | -- | -- | -- |
| holding | Tredegar Common Stock | -- | -- | -- |
Holdings After Transaction:
Tredegar Common Stock — 456,590 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
Key Figures
Shares sold June 3: 848 shares at $7.77
Shares sold June 2: 197 shares at $8.00
Total shares sold: 1,045 shares
+4 more
7 metrics
Shares sold June 3
848 shares at $7.77
Open-market sale of Tredegar common stock on 2026-06-03
Shares sold June 2
197 shares at $8.00
Open-market sale of Tredegar common stock on 2026-06-02
Total shares sold
1,045 shares
Net open-market sales reported in this Form 4
Indirect holdings after June 3 trade
456,590 shares
Post-transaction balance for one indirect account
Indirect holdings after June 2 trade
457,438 shares
Post-transaction balance for another indirect account
Other indirect balances
211,260 and 847,470 shares
Post-transaction holdings in additional indirect accounts
Small indirect account
6,197 shares
Post-transaction balance in a smaller indirect holding
Key Terms
open-market sale, indirect ownership, Revocable Trust, CLAT, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" for Tredegar Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type is listed as "indirect" with ownership_code "I""
Revocable Trust financial
"Held by the reporting Person as trustee of the William Michael Gottwald Revocable Trust."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
CLAT financial
"Held as co-trustee of the Residual 10-Year CLAT UA FDGJR Living Trust"
beneficial ownership financial
"Owned by wife. (Reporting person disclaims beneficial ownership.)"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did Tredegar (TG) report for William M. Gottwald?
Tredegar disclosed that 10% owner William M. Gottwald reported open-market sales totaling 1,045 common shares. The filing shows 848 shares sold at $7.77 on June 3 and 197 shares sold at $8.00 on June 2, all through indirect holdings.
Are the Tredegar (TG) insider holdings direct or indirect in this filing?
All reported Tredegar holdings in this Form 4 are classified as indirect ownership. The filing notes interests held through the insider’s wife and various family trusts where he serves as trustee or co-trustee, rather than directly in his own name.
What do the Tredegar (TG) Form 4 footnotes say about beneficial ownership?
The footnotes explain that some shares are owned by the insider’s wife, and he disclaims beneficial ownership of those. Other shares are held as trustee or co-trustee of family trusts, including a revocable trust and a residual 10-year CLAT, reflecting indirect control structures.