Gottwald James T. 4
Research Summary
AI-generated summary
Tredegar (TG) 10% Owner James T. Gottwald Sells Shares
What Happened
- James T. Gottwald, a reported 10% owner of Tredegar Corp (TG), sold a total of 11,914 shares in two open-market/private-sale transactions. On 2026-02-12 he sold 11,112 shares at a weighted price of $9.05 for proceeds of $100,597; on 2026-02-13 he sold 802 shares at a weighted price of $8.86 for proceeds of $7,104. Total proceeds reported: approximately $107,701. These were sales (not purchases), which are typically routine disposition of holdings rather than a bullish signal.
Key Details
- Transaction dates and weighted prices:
- 2026-02-12: 11,112 shares sold, weighted price $9.05 (total $100,597). Footnote F5: actual sale prices ranged $8.88–$9.19; reporting person can provide per-price breakdown on request.
- 2026-02-13: 802 shares sold, weighted price $8.86 (total $7,104). Footnote F6: actual sale prices ranged $8.80–$8.90; reporting person can provide per-price breakdown on request.
- Filing: Form 4 filed 2026-02-17 for transactions on Feb 12–13 — appears to be timely (filed within required business-day window).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes on ownership (F1–F4): many shares are held in trusts or by spouse (e.g., co-trustee FBO family trusts, spouse-owned), and the reporting person disclaims beneficial ownership for some of those holdings. These notes clarify how the reported holdings are held and by whom.
Context
- The filing reports direct sales by a 10% owner (significant shareholder). Sales by large shareholders can be for many reasons (diversification, estate planning, trust management, etc.); the Form 4 is factual and does not state the motivation.
- Footnotes indicate multiple trust and spouse-held positions; some holdings are reported by the reporting person as co-trustee or as held by spouse, which affects how beneficial ownership is described.