Tredegar (TG) 10% holder logs open-market sale of 26,298 shares
Rhea-AI Filing Summary
Tredegar Corp 10% owner James T. Gottwald reported open-market sales of Tredegar common stock totaling 26,298 shares on June 11–12 at weighted-average prices around $8.00 to $8.16 per share. The transactions were executed through entities and family trusts associated with him, some of which he disclaims beneficial ownership. After these sales, one indirect account held 408,767 shares, and a separate direct account held 40,000 shares, with additional indirect holdings in other family-related accounts.
Positive
- None.
Negative
- None.
Insights
Routine-size insider selling via family-related entities with large remaining holdings.
James T. Gottwald, a more than 10% owner of Tredegar Corp, reported selling 26,298 shares of common stock in open-market transactions at weighted-average prices just above $8 per share. These are straightforward sales, with no derivative exercises or complex instruments disclosed.
The filing shows significant remaining positions. One indirect account still holds 408,767 shares, and there is a separate direct holding of 40,000 shares, alongside other family and trust holdings where he disclaims beneficial ownership. That context suggests the sales represent a relatively small portion of the overall reported stake.
Footnotes clarify that several positions are held in trusts or by a spouse, and in some cases Gottwald disclaims beneficial ownership. The timing appears as ordinary portfolio activity based on the information provided, without any indication of trading plans or unusual corporate events driving these transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Tredegar Common Stock | 20,146 | $8.163 | $164K |
| Sale | Tredegar Common Stock | 6,152 | $8.004 | $49K |
| holding | Tredegar Common Stock | -- | -- | -- |
| holding | Tredegar Common Stock | -- | -- | -- |
| holding | Tredegar Common Stock | -- | -- | -- |
| holding | Tredegar Common Stock | -- | -- | -- |
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 $8.00 to $8.04. 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 $8.00 to $8.24. 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.