GOTTWALD WILLIAM M 4
Research Summary
AI-generated summary
Tredegar (TG) 10% Owner William M. Gottwald Sells Shares
What Happened
William M. Gottwald, a reported 10% owner of Tredegar Corp. (TG), sold a total of 5,484 shares in two open-market dispositions. On 2026-02-20 he sold 1,023 shares at $8.81 per share for $9,009, and on 2026-02-23 he sold 4,461 shares at $8.80 per share for $39,270 — total proceeds about $48,279. These were sales (disposals), not purchases or option exercises.
Key Details
- Transaction dates and reported prices:
- 2026-02-20: 1,023 shares sold @ $8.81 = $9,009.
- 2026-02-23: 4,461 shares sold @ $8.80 = $39,270.
- Total shares sold: 5,484; approximate total proceeds: $48,279.
- Shares owned after the transactions: not disclosed in the provided filing excerpt.
- Notable footnotes:
- F1–F4: Many holdings are held by or for family trusts and the reporting person’s spouse; the reporting person disclaims beneficial ownership of some shares.
- F5/F6: Reported prices are weighted averages; sales actually occurred at prices ranging roughly $8.80–$8.85. The filer will provide a per-price breakdown to the SEC or issuer upon request.
- Filing timeliness: Report filed 2026-02-24 for transactions on 2026-02-20 and 02-23 — this filing is within the standard Form 4 reporting window (timely).
Context
These were open-market sales by a 10% owner and not grants, exercises, or gifts. Sales by large shareholders can be for many reasons (liquidity, estate/trust management, rebalancing) and do not by themselves indicate company performance. The filing shows disposals through trusts and family-related accounts rather than a straightforward executive cash-in, per the footnotes.