TG Form 4: William M. Gottwald reports sales on 07/31 08/01/2025

Rhea-AI Filing Summary

Form 4 summary: William M. Gottwald, a director of Tredegar Corporation (TG), reported multiple open-market sales of Tredegar common stock on 07/31/2025 and 08/01/2025. The transactions total 9,657 shares sold at prices ranging from $8.48 to $8.71. Following the reported sales, the filing shows 788,559 shares beneficially owned (indirect). The Form 4 was signed 08/04/2025 by John D. Gottwald as attorney-in-fact.

Ownership structure noted: Footnotes disclose indirect ownership via the reporting person's wife, co-trustees for family beneficiaries, the reporting person as trustee of a revocable trust, and co-trustee of a Residual 10-Year CLAT.

Positive

• Complete disclosure of indirect ownership via spouse and multiple trusts (footnotes 1 64)
• Transactions reported promptly with dates, quantities, and prices and a signed filing (08/04/2025)

Negative

• Insider sales: Director reported selling 9,657 shares on 07/31/2025 and 08/01/2025 at $8.48 6$8.71, reducing indirect holdings to 788,559 shares

Insights

Securities Analyst

TL;DR: Director executed modest, disclosed open-market sales totaling 9,657 shares at ~$8.5; holding remains largely indirect via trusts.

The filing documents routine open-market sales across two dates (07/31/2025 and 08/01/2025) at prices between $8.48 and $8.71. Total shares sold reported in the filing equal 9,657, with beneficial ownership reported as 788,559 shares (indirect) after the transactions. Transactions appear executed in small lots at nearby prices, consistent with systematic divestiture rather than a single large block sale. Filing is complete with footnotes clarifying indirect ownership via spouse and multiple trusts.

Corporate Governance Expert

TL;DR: Disclosure is transparent; sales by a director are material to monitor but do not indicate corporate disclosure gaps.

The Form 4 discloses the reporting persons indirect holdings and the nature of those holdings (wife, co-trustee FBO family, revocable trust, CLAT). The signature by an attorney-in-fact is recorded with date 08/04/2025. From a governance perspective, the filing meets Section 16 reporting requirements and provides clear provenance of indirect ownership. Investors should note the timing and incremental sizes of the sales for any pattern analysis.

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

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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 WILLIAM M

(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)
07/31/2025

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								6,197	I	Footnote(1)
Tredegar Common Stock								847,470	I	Footnote(2)
Tredegar Common Stock								211,260	I	Footnote(3)
Tredegar Common Stock	07/31/2025		S		17	D	$8.52	798,199	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		21	D	$8.59	798,178	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		696	D	$8.6	797,482	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		67	D	$8.605	797,415	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		244	D	$8.61	797,171	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		234	D	$8.615	796,937	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		203	D	$8.62	796,734	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		100	D	$8.63	796,634	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		13	D	$8.64	796,621	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		1,422	D	$8.65	795,199	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		67	D	$8.655	795,132	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		449	D	$8.66	794,683	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		260	D	$8.67	794,423	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		54	D	$8.68	794,369	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		33	D	$8.695	794,336	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		1,891	D	$8.7	792,445	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		2,137	D	$8.71	790,308	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		34	D	$8.715	790,274	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		402	D	$8.72	789,872	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		167	D	$8.725	789,705	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		140	D	$8.73	789,565	I	Footnote(4)
Tredegar Common Stock	07/31/2025		S		467	D	$8.75	789,098	I	Footnote(4)
Tredegar Common Stock	08/01/2025		S		38	D	$8.5	789,060	I	Footnote(4)
Tredegar Common Stock	08/01/2025		S		269	D	$8.49	788,791	I	Footnote(4)
Tredegar Common Stock	08/01/2025		S		115	D	$8.485	788,676	I	Footnote(4)
Tredegar Common Stock	08/01/2025		S		117	D	$8.48	788,559	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. Owned by wife. (Reporting person disclaims beneficial ownership.)

2. Held as co-trustee FBO (among others) reporting person's family u/w Floyd D. Gottwald.

3. Held by the reporting Person as trustee of the William Michael Gottwald Revocable Trust.

4. Held as co-trustee of the Residual 10-Year CLAT UA FDGJR Living Trust.

	/s/ John D. Gottwald Attorney-in-fact for William M. Gottwald	08/04/2025
	** 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 transactions did William M. Gottwald report on the Form 4 for Tredegar (TG)?

The Form 4 reports multiple open-market sales totaling 9,657 shares on 07/31/2025 and 08/01/2025 at prices ranging from $8.48 to $8.71.

How many Tredegar shares does William M. Gottwald beneficially own after the reported transactions?

Following the reported transactions the filing shows 788,559 shares beneficially owned (indirect).

What is the nature of William M. Gottwalds indirect ownership in Tredegar (TG)?

Footnotes state holdings are owned by his wife, held as co-trustee for family beneficiaries, held by him as trustee of a revocable trust, and held as co-trustee of a Residual 10-Year CLAT.

When was the Form 4 signed and who signed it?

The Form 4 was signed by John D. Gottwald, Attorney-in-fact for William M. Gottwald on 08/04/2025.

What price range were the Tredegar sales executed at?

The reported sale prices range from $8.48 to $8.71 per share.