Tredegar (TG) 10% owner records open‑market sale of 26,297 shares
Rhea-AI Filing Summary
Tredegar Corp insider reports open‑market stock sales through family entities. William M. Gottwald, a more than 10% owner, reported indirect sales of Tredegar Common Stock totaling 26,297 shares in mid‑June 2026.
On June 12, 2026, an indirect account sold 20,145 shares at a weighted average price of $8.163 per share, leaving 408,767 shares in that account. On June 11, 2026, another indirect account sold 6,152 shares at a weighted average price of $8.004, leaving 428,912 shares in that account.
The filing notes these positions are held indirectly, including shares owned by his wife (with a disclaimer of beneficial ownership) and multiple trusts where he serves as trustee or co‑trustee. No derivative securities or option exercises are reported in this filing.
Positive
- None.
Negative
- None.
Insights
Form 4 shows routine net selling of 26,297 Tredegar shares via indirect family accounts.
The filing reports two open‑market sales of Tredegar Common Stock totaling 26,297 shares at weighted average prices around $8.00–$8.16. All reported positions are indirect, held by the insider’s spouse and several family trusts where he acts as trustee or co‑trustee.
No options or other derivatives appear, and there is no indication of a Rule 10b5‑1 trading plan in the provided excerpt. The transactions reduce exposure modestly while leaving substantial indirect holdings, including 408,767 shares in one account and 428,912 in another after the reported sales. Overall, this looks like normal portfolio management rather than a transformational move.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Tredegar Common Stock | 20,145 | $8.163 | $164K |
| Sale | Tredegar Common Stock | 6,152 | $8.004 | $49K |
| holding | Tredegar Common Stock | -- | -- | -- |
| holding | Tredegar Common Stock | -- | -- | -- |
| holding | Tredegar Common Stock | -- | -- | -- |
Footnotes (1)
- Owned by wife. (Reporting person disclaims beneficial ownership.) Held as co-trustee FBO (among others) reporting person's family u/w Floyd D. Gottwald. Held by the reporting Person as trustee of the William Michael Gottwald Revocable Trust. 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.