Tredegar Insider Trims Stake by 0.44% in August 2025 Filing

Rhea-AI Filing Summary

Tredegar Corp. (TG) Form 4 discloses that 10% owner and director James T. Gottwald executed open-market sales on 4–5 Aug 2025. On 08/04 he completed 24 individual trades totaling 3,395 shares at prices between $8.49 and $8.75; a further 33 shares were sold on 08/05 at $8.28, bringing total dispositions to 3,428 shares.

Following the transactions, Gottwald’s indirect holdings—held through several family trusts—declined from 781,507 to 778,079 shares, a reduction of roughly 0.44 %. His direct ownership of 40,000 shares remains unchanged. No purchases, derivative trades, or 10b5-1 plan indications were reported.

The filing represents a modest trim of an already large position and, while it may be read as a slight negative sentiment signal, the quantum is immaterial to his overall stake and does not suggest a strategic shift.

Positive

• None.

Negative

• 10% owner and director sold 3,428 shares on 08/04-05/25, potentially signaling reduced short-term confidence.
• Sales were discretionary (no 10b5-1 plan disclosed), which some investors view less favorably than pre-planned trades.

Insights

Securities Analyst

TL;DR: Minor insider sale (3,428 shares) by 10% owner; impact limited.

Gottwald’s trades equal less than half a percent of his indirect holdings and leave his voting influence intact. Trade prices cluster narrowly around the current market, implying ordinary liquidity management rather than valuation commentary. No derivatives or concurrent purchases alter the risk profile. I view the event as neutral for valuation; however, consistent follow-on selling would warrant monitoring.

Corporate Governance Expert

TL;DR: Governance signal mildly negative but quantitatively immaterial.

As both director and 10% holder, Gottwald’s actions carry signaling weight. The absence of a disclosed 10b5-1 plan means trades were discretionary, which can unsettle some investors. Nonetheless, disposing of only 0.44 % of his stake suggests no meaningful change in alignment with shareholders. No red flags regarding control or insider coordination appear. Overall governance impact is modest.

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

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)
08/04/2025

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	08/04/2025		S		53	D	$8.52	781,454	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		100	D	$8.59	781,354	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		600	D	$8.605	780,754	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		133	D	$8.61	780,621	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		34	D	$8.615	780,587	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		130	D	$8.62	780,457	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		1	D	$8.63	780,456	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		67	D	$8.64	780,389	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		33	D	$8.65	780,356	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		85	D	$8.655	780,271	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		147	D	$8.66	780,124	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		66	D	$8.67	780,058	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		185	D	$8.68	779,873	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		35	D	$8.695	779,838	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		33	D	$8.7	779,805	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		35	D	$8.71	779,770	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		67	D	$8.715	779,703	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		367	D	$8.72	779,336	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		33	D	$8.725	779,303	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		412	D	$8.73	778,891	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		310	D	$8.75	778,581	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		224	D	$8.5	778,357	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		187	D	$8.49	778,170	I	Footnote(4)
Tredegar Common Stock	08/04/2025		S		58	D	$8.485	778,112	I	Footnote(4)
Tredegar Common Stock	08/05/2025		S		33	D	$8.28	778,079	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.

	/s/ William M. Gottwald Attorney-in-Fact for James T. Gottwald	08/06/2025
	** 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

How many Tredegar (TG) shares did James T. Gottwald sell in August 2025?

He sold 3,428 shares across 25 separate transactions on 08/04-05/2025.

At what prices were the insider sales executed?

Prices ranged from $8.49 to $8.75 on 08/04 and $8.28 on 08/05.

What is Gottwald’s remaining beneficial ownership after the sales?

He now indirectly holds 778,079 TG shares and directly holds 40,000 shares.

Did the Form 4 include any derivative security transactions?

No, Table II shows no derivative acquisitions or dispositions.

Was the sale made under a Rule 10b5-1 trading plan?

The filing does not indicate that the transactions were executed under a 10b5-1 plan.