[Form 4] TREDEGAR CORP Insider Trading Activity

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

Financial Analyst

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.

Corporate Governance Expert

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.

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 James T.

(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)
09/26/2025

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								40,000	D
Tredegar Common Stock								847,469	I	Footnote(1)
Tredegar Common Stock								10,000	I	Footnote(2)
Tredegar Common Stock								90,000	I	Footnote(3)
Tredegar Common Stock	09/26/2025		S		749	D	$8	777,330	I	Footnote(4)
Tredegar Common Stock	09/29/2025		S		1,433	D	$8.0105(5)	775,897	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. Held as co-trustee FBO (among others) reporting person's family u/w Floyd D. Gottwald.

2. Owned by spouse. (Reporting person disclaims beneficial ownership.)

3. Held by me as co-trustee of the John D. Gottwald Family Trust. (Reporting person disclaims beneficial ownership.)

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 $8.02. 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 James T. Gottwald	09/30/2025
	** 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 James T. Gottwald report on TG Form 4?

He reported two sales: 749 shares on 09/26/2025 and 1,433 shares on 09/29/2025, totaling 2,182 shares sold.

At what prices were the TG shares sold in the Form 4?

Sales were at weighted prices around $8.00 to $8.02, with the 09/29 sale shown at $8.0105 and the 09/26 sales in the $8.00–$8.02 range.

How many Tredegar shares does the reporting person beneficially own after these transactions?

Reported beneficial ownership is 775,897 shares following the 09/29/2025 sale, as stated in the filing.

Are any holdings held indirectly for James T. Gottwald on the Form 4?

Yes. The filing discloses indirect holdings including 847,469 shares, 10,000 shares owned by spouse, and 90,000 shares held in trusts, with footnotes explaining co-trustee roles and disclaimers.

Who signed the Form 4 for James T. Gottwald?

The form was signed by William M. Gottwald as Attorney-in-Fact for James T. Gottwald and dated 09/30/2025.