TG Form 4: Director Disposes of Shares; Trust Holdings Remain

Rhea-AI Filing Summary

James T. Gottwald, a director of Tredegar Corp (TG), reported multiple dispositions of Tredegar common stock in late September and early October 2025. Sales included 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; the filing also lists prior indicated dispositions of 40,000 shares and other indirect holdings. Post-transaction beneficial ownership figures are reported for various holdings and trusts, with certain shares held indirectly as co-trustee or by spouse (the reporting person disclaims beneficial ownership for some holdings). The Form 4 is signed by an attorney-in-fact for Mr. Gottwald on 10/02/2025.

Positive

• None.

Negative

• Director-level stock dispositions were reported on 09/30/2025 and 10/01/2025 (16,086 and 2,450 shares) which reduce reported direct holdings.
• Significant shareholdings are held indirectly in trusts and by a spouse, which may limit transparency of individual economic exposure.

Insights

Financial Analyst

TL;DR: Director reports routine sales totaling several thousand shares at ~$8.01; holdings remain materially concentrated in trustee and family accounts.

The transactions disclosed are disposals by a reporting director executed at weighted prices around $8.01 on 09/30/2025 and 10/01/2025. The Form 4 shows both direct dispositions and significant indirect holdings held in trust and by family members. From an investor-information perspective, these are straightforward Section 16 disclosures that update ownership levels; the filing does not provide reasons for the sales or indicate changes to company operations or performance.

Corporate Governance Expert

TL;DR: Insider sales by a director are disclosed alongside continued indirect family/trust ownership; no governance actions are reported.

The filing documents sales executed by or on behalf of James T. Gottwald and clarifies the nature of indirect ownership (co-trustee and spouse). While insider selling can attract investor attention, this Form 4 contains no statements of policy changes, benefit plans, or governance decisions. Ownership remains materially tied to family trusts, as detailed in the explanatory footnotes.

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)
09/30/2025

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								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	09/30/2025		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. 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 $8.04. 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 James T. 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 filing reports dispositions by director James T. Gottwald, including sales of 16,086 shares on 09/30/2025 at a weighted $8.0085 and 2,450 shares on 10/01/2025 at a weighted $8.0168, plus other listed disposals.

How much did the reported shares sell for in the disclosed transactions?

The Form 4 lists weighted sale prices of $8.0085 for the 09/30/2025 sale and $8.0168 for the 10/01/2025 sale; ranges for other sales are shown as $8.00 to $8.04.

Does James T. Gottwald still own Tredegar shares after these transactions?

Yes. The filing reports remaining beneficial ownership positions and several indirect holdings held in trusts and by a spouse; specific post-transaction amounts are shown in the Form 4.

Who signed the Form 4 filing for James T. Gottwald?

The Form 4 is signed by William M. Gottwald, Attorney-in-Fact for James T. Gottwald on 10/02/2025.

Do the footnotes explain the nature of the reported indirect holdings?

Yes. Footnotes state certain shares are held as co-trustee for family trusts or are owned by the reporting person's spouse, and the reporting person disclaims beneficial ownership for some of those holdings.