Tredegar Corp (TG) 10% holder entities report 16,823-share stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tredegar Corp’s 10% owner, James T. Gottwald, reported indirect stock sales by related entities. On February 26–27, these entities sold a total of 16,823 shares of Tredegar common stock in open-market transactions at weighted average prices of $8.991 and $9.022 per share.
After these sales, one indirectly held position reported 524,623 shares. The filing also lists additional direct and indirect holdings, including 40,000 shares held directly and multiple trust and spousal positions, with some interests specifically noted as disclaimed beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,823 shares ($151,405)
Net Sell
6 txns
Insider
Gottwald James T.
Role
10% Owner
Sold
16,823 shs ($151K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Tredegar Common Stock | 4,815 | $9.022 | $43K |
| Sale | Tredegar Common Stock | 12,008 | $8.991 | $108K |
| holding | Tredegar Common Stock | -- | -- | -- |
| holding | Tredegar Common Stock | -- | -- | -- |
| holding | Tredegar Common Stock | -- | -- | -- |
| holding | Tredegar Common Stock | -- | -- | -- |
Holdings After Transaction:
Tredegar Common Stock — 524,623 shares (Indirect, Footnote);
Tredegar Common Stock — 40,000 shares (Direct)
Footnotes (1)
- Held as co-trustee FBO (among others) reporting person's family u/w Floyd D. Gottwald. Owned by spouse. (Reporting person disclaims beneficial ownership.) Held by me as co-trustee of the John D. Gottwald Family Trust. (Reporting person disclaims beneficial ownership.) 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 $8.88 to $9.04. 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. Represents weighted sales price. The shares sold at prices ranging from $8.87 to $9.09. 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 activity did Tredegar Corp (TG) report for James T. Gottwald?
Tredegar’s Form 4 shows entities associated with 10% owner James T. Gottwald sold 16,823 shares of common stock. The sales occurred in open-market transactions over two days, reflecting indirect ownership changes rather than direct personal trades in all cases.
Were James T. Gottwald’s Tredegar (TG) sales direct or indirect holdings?
The reported Tredegar stock sales involved indirectly held shares, as indicated by indirect ownership codes and footnotes. The positions are tied to family trusts and related entities, and some spousal and trust holdings specifically state that Gottwald disclaims beneficial ownership of those shares.
What do the footnotes in this Tredegar (TG) Form 4 explain?
The footnotes explain that several Tredegar positions are held as co-trustee of family trusts or by a spouse. Some entries explicitly state that James T. Gottwald disclaims beneficial ownership, and they clarify that transaction prices are weighted averages across specified intraday trading ranges.
What type of transactions were reported in Tredegar (TG) stock on this Form 4?
The Form 4 reports open-market sales of Tredegar common stock coded as “S” transactions. These represent routine market trades executed by entities associated with the 10% owner, alongside updated holdings entries that summarize direct and indirect positions after the sales activity.