Tredegar (TG) Insider Sales: Gottwald Disposes 2,182 Shares at ~$8.01
Rhea-AI Filing Summary
Tredegar Corp (TG) Form 4 summary: James T. Gottwald, a company director, reported multiple dispositions of Tredegar common stock in late September 2025. The filing shows sales on 09/26/2025 and 09/29/2025 of 749 and 1,433 shares respectively at weighted prices of $8.00 to $8.02 and $8.0105, reducing his reported beneficial ownership to 775,897 shares after the 09/29 sale. The form also discloses larger indirect holdings: 847,469 shares, 10,000 shares, and 90,000 shares held in various trusts or by his spouse, with specific holdings held as co-trustee or owned by spouse where the reporting person disclaims beneficial ownership. The form was signed by an attorney-in-fact on 09/30/2025.
Positive
- Transparency: The form discloses trustee-held and spouse-held positions with explanatory footnotes, clarifying indirect ownership.
- Timely reporting: Transactions on 09/26/2025 and 09/29/2025 were reported and the form is dated 09/30/2025, showing prompt filing.
Negative
- Insider dispositions: The reporting person disposed of a total of 2,182 shares across two transactions, reducing beneficial ownership.
- Reduction in reported holdings: Aggregate reported beneficial ownership decreased to 775,897 shares after the 09/29 sale.
Insights
TL;DR: Director sold a small portion of holdings via two late-September transactions; substantial indirect holdings remain.
The reported sales are modest in absolute terms (2,182 shares total) relative to the large aggregated indirect positions disclosed on the form. Sales occurred at prices around $8.00 to $8.02 and reduced the reporting person's aggregate reported beneficial ownership to 775,897 shares. These transactions appear to be dispositions rather than option exercises or grants; no derivative activity is reported. For valuation context, the filing provides only per-share sale prices and share counts without portfolio or company valuation metrics.
TL;DR: Disclosure shows proper Section 16 reporting with trustee and spouse-held positions noted; filings executed by attorney-in-fact.
The Form 4 includes clear attribution of indirect ownership through co-trustee roles and spouse ownership, with explicit disclaimers where applicable. The signature by an attorney-in-fact is properly noted with date. The record distinguishes direct dispositions from indirect holdings, aiding transparency for shareholders and regulators. No information in the form indicates any regulatory or compliance exceptions.