Tredegar officer granted 20,672 restricted shares
Brickhouse Frasier W II reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Brickhouse Frasier W II reported acquisition or exercise transactions in this Form 4 filing.
Tredegar Corp officer Brickhouse Frasier W II received a stock grant, increasing his holdings in the company. He was awarded 20,672 shares of Tredegar common stock at a price of $7.74 per share as a grant or award, not an open-market purchase.
These shares are restricted stock that vest in three equal annual installments on March 11, 2027, March 11, 2028, and March 11, 2029. After this award, he directly holds 70,115 shares and indirectly holds 4,886 shares through a 401(k) plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Tredegar Common Stock | 20,672 | $7.74 | $160K |
| holding | Tredegar Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The shares of restricted stock vest ratably in one-third annual installments on March 11, 2027, March 11, 2028 and March 11, 2029.
- F2. Shares as reported by the Tredegar Corporation Retirement Savings Plan trustee.
FAQ
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What did Brickhouse Frasier W II report in this Tredegar (TG) Form 4?
Was the Tredegar (TG) Form 4 transaction a stock purchase or a grant?
What role does the 401(k) plan play in Brickhouse Frasier W II’s Tredegar (TG) holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.