Family entities tied to Tredegar (TG) 10% holder report share sales
Rhea-AI Filing Summary
Tredegar Corp insider James T. Gottwald, a more than 10% owner, reported open-market sales of Tredegar Common Stock through entities associated with him. On June 5, entities reported selling 3,333 shares at $7.76 per share, and on June 4 they reported selling 34 shares at $8.00 per share, all classified as indirect ownership.
After these transactions, one indirectly held position showed 456,557 shares, with other indirect positions of 453,224, 847,469, 90,000, and 10,000 shares, plus a direct holding of 40,000 shares. Footnotes state several positions are held as co-trustee or by a spouse, with the reporting person disclaiming beneficial ownership in some cases.
Positive
- None.
Negative
- None.
Insights
Indirect entities tied to a 10% holder sold a small block of Tredegar shares.
Entities associated with James T. Gottwald, a more than 10% owner of Tredegar Corp, reported open-market sales totaling 3,367 shares of Tredegar Common Stock at prices of $7.76 and $8.00 per share.
The filing shows these are indirect holdings, including trusts and a spouse account, with footnotes where Gottwald disclaims beneficial ownership in some positions. Reported post-transaction balances, such as 456,557 shares in one indirect account and 40,000 shares held directly as of June 4, indicate that the sales are small relative to the overall reported holdings.
Because there are no derivative exercises, gifts, or restructuring entries and no mention of a Rule 10b5‑1 plan in the excerpt, the filing mainly updates the market on modest open-market selling activity by entities linked to a significant shareholder. The overall impact on Tredegar’s ownership structure appears limited based on the reported share counts.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Tredegar Common Stock | 3,333 | $7.76 | $26K |
| Sale | Tredegar Common Stock | 34 | $8.00 | $272.00 |
| holding | Tredegar Common Stock | -- | -- | -- |
| holding | Tredegar Common Stock | -- | -- | -- |
| holding | Tredegar Common Stock | -- | -- | -- |
| holding | Tredegar Common Stock | -- | -- | -- |
Footnotes (1)
- Held as co-trustee FBO (among others) reporting person's family u/w Floyd D. Gottwald. Owned by spouse. (Reporting person disclaims beneficial ownership.) Held by me as co-trustee of the John D. Gottwald Family Trust. (Reporting person disclaims beneficial ownership.) Held as co-trustee of the Residual 10-year CLAT UA FDGJR Living Trust.