TREDEGAR CORP·4

Feb 17, 11:12 AM ET

GOTTWALD WILLIAM M 4

Research Summary

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Tredegar (TG) 10% Owner William Gottwald Sells Shares

What Happened
William M. Gottwald, a reported 10% owner of Tredegar Corp (TG), sold a total of 11,914 shares in two open‑market transactions. On 2026-02-12 he sold 11,111 shares at a weighted price of $9.05 for proceeds of $100,588 (footnote F5). On 2026-02-13 he sold 803 shares at a weighted price of $8.86 for proceeds of $7,113 (footnote F6). Total proceeds across both trades were about $107,701. These were sales (not purchases or option exercises), which are often routine portfolio or estate/trust management actions rather than an explicit bullish signal.

Key Details

  • Transaction dates and reported prices:
    • 2026-02-12: 11,111 shares sold, weighted price $9.05 (F5 notes sales ranged $8.88–$9.19).
    • 2026-02-13: 803 shares sold, weighted price $8.86 (F6 notes sales ranged $8.80–$8.90).
  • Total shares sold: 11,914; approximate total proceeds: $107,701.
  • Shares owned after the transaction: Not specified in the provided filing.
  • Footnotes of note:
    • F1: Some shares are owned by the reporting person’s wife (reporting person disclaims beneficial ownership of those).
    • F2–F4: Portions held in various trusts/co‑trustee positions (family and revocable trusts).
    • F5/F6: Indicate the quoted prices are weighted averages and provide price ranges; the filer will provide per‑price breakdowns to the SEC or issuer upon request.
  • Filing timeliness: Form 4 was filed on 2026-02-17 for transactions on 2026-02-12 and 02-13. Form 4 is generally due within two business days of the transaction, so this filing appears to be one business day late (the filing notes do not state a tardiness explanation).

Context: As a 10% owner, Gottwald is a significant shareholder and these sales likely reflect holdings managed across personal and trust accounts (per footnotes), not necessarily insider views of the company’s near‑term prospects. The report is factual; it does not include stated reasons for the sales.