Major TG holder Gottwald-linked entities sell Tredegar (TG) shares
Rhea-AI Filing Summary
Tredegar Corp’s latest Form 4 shows entities associated with major shareholder William M. Gottwald executing open‑market sales of Tredegar Common Stock held indirectly. These entities sold 37,038 shares in total, reflecting two separate transactions.
On February 25, 28,788 shares were sold at a weighted average price of $8.991 per share, with individual prices ranging from $8.80 to $8.91. On February 24, 8,250 shares were sold at a weighted average price of $8.833 per share, with prices ranging from $8.80 to $9.11. One indirectly held position reported 541,445 shares remaining after these sales.
Some indirectly reported shares are owned by Gottwald’s wife, for which he disclaims beneficial ownership, while others are held in various family-related trusts where he serves as trustee or co‑trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Tredegar Common Stock | 28,788 | $8.991 | $259K |
| Sale | Tredegar Common Stock | 8,250 | $8.833 | $73K |
| 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 $8.80 to $8.91. 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 $8.80 to $9.11. 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.