TG Form 4: John D. Gottwald Reports Trust Holdings and Small Open-Market Sales

Rhea-AI Filing Summary

John D. Gottwald, a director of Tredegar Corp (TG), reported sales of Tredegar common stock. The Form 4 shows a sale of 16,086 shares on 09/30/2025 at a weighted price of $8.0085 and a sale of 2,450 shares on 10/01/2025 at a weighted price of $8.0168. The filing lists multiple indirect holdings held in trusts and by his spouse, with listed indirect positions including 12,953, 90,000, 847,470, and, following the reported sales, 759,811 and 757,361 shares shown as indirect beneficial ownership. Footnotes state some holdings are owned by his wife or held in various family trusts and that the reporting person disclaims beneficial ownership of certain positions.

Insights

Financial Analyst

TL;DR: Director executed small-volume open-market sales; disclosure is routine and provides clear pricing and post-sale holdings.

The filing documents two small open-market dispositions that reduce reported indirect holdings. The sales were executed at approximately $8.01 per share and involved 18,536 shares in aggregate, which is modest relative to the multi-hundred-thousand share indirect positions disclosed. The report includes weighted average price language and offers to provide per-price detail on request, demonstrating compliance and transparency. For investors, the transaction is a factual update on insider ownership rather than evidence of material corporate change.

Corporate Governance Expert

TL;DR: Filing is procedurally complete, shows trustee and spousal holdings, and contains required explanatory footnotes.

The Form 4 properly discloses the reporter's status as a director and separates direct and indirect holdings, noting disclaimers where applicable. Multiple trust arrangements and co-trustee roles are identified, which is important for understanding control versus beneficial ownership. The filing includes weighted sale prices and an attestation by an attorney-in-fact, indicating standard governance adherence. These are routine insider disclosures without immediate governance red flags.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

GOTTWALD JOHN D

(Last) (First) (Middle)

330 SOUTH FOURTH STREET

(Street)

RICHMOND VA 23219

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TREDEGAR CORP [ TG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Tredegar Common Stock								1,917,639	D
Tredegar Common Stock								12,953	I	Footnote(1)
Tredegar Common Stock								90,000	I	Footnote(2)
Tredegar Common Stock								847,470	I	Footnote(3)
Tredegar Common Stock	09/30/2025		S		16,086	D	$8.0085(5)	759,811	I	Footnote(4)
Tredegar Common Stock	10/01/2025		S		2,450	D	$8.0168(6)	757,361	I	Footnote(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Owned by wife. (Reporting person disclaims beneficial ownership)

2. Held by the reporting person and James T Gottwald as trustees of the John D. Gottwald Family Trust FBO reporting person's children. (Reporting person disclaims beneficial ownership.)

3. Held as co-trustee FBO (among others) reporting person's family u/w Floyd D. Gottwald.

4. Held as co-trustee of the Residual 10- Year CLAT UA FDGJR Living Trust.

5. 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.

6. 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.

	/s/ William M. Gottwald Attorney-in-fact for John D. Gottwald	10/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Tredegar Corp (TG) report on this Form 4?

The Form 4 reports that director John D. Gottwald sold 16,086 shares on 09/30/2025 at a weighted price of $8.0085 and 2,450 shares on 10/01/2025 at a weighted price of $8.0168.

How many shares does John D. Gottwald beneficially own after these transactions?

The filing shows indirect beneficial ownership figures of 759,811 shares following the 09/30 sale and 757,361 shares following the 10/01 sale, reflecting the reported dispositions.

Are Gottwald's holdings direct or indirect?

The Form 4 distinguishes positions as direct and indirect; several large holdings are listed as indirect and are held via trusts or by his spouse, with disclaimers of beneficial ownership where noted.

Why does the filing include footnotes about trusts and spouse ownership?

Footnotes explain that certain shares are owned by the reporting person’s wife or held in family trusts where the reporting person is a trustee or co-trustee; the reporter disclaims beneficial ownership for some of those positions.

Are the exact prices for each share sale provided in the Form 4?

The filing reports weighted sale prices and states the sales occurred at prices ranging from $8.00 to $8.04; the filer will provide the detailed per-price breakdown upon request to the SEC or issuer.