GOTTWALD JOHN D 4
Research Summary
AI-generated summary
Tredegar (TG) 10% Owner John D. Gottwald Sells Shares
What Happened
- John D. Gottwald, a reported 10% owner of Tredegar Corp (TG), sold a total of 16,822 shares in open-market transactions: 12,008 shares on 2026-02-26 at a weighted price of $8.99 ($107,964) and 4,814 shares on 2026-02-27 at a weighted price of $9.02 ($43,432). Total proceeds were about $151,396. Both transactions are coded as sales (S).
Key Details
- Dates and prices:
- 2026-02-26: 12,008 shares sold at a weighted $8.99 (individual sale prices ranged $8.88–$9.04). (Footnote F5)
- 2026-02-27: 4,814 shares sold at a weighted $9.02 (individual sale prices ranged $8.87–$9.09). (Footnote F6)
- Transaction type: Open-market sales (ordinary disposition).
- Shares owned after transaction: Not specified in this Form 4; the filing includes footnotes indicating many holdings are in trusts or held by the reporting person’s spouse and that the reporting person disclaims beneficial ownership for some positions (F1–F4).
- Footnotes of note:
- F1: Certain shares are owned by the reporting person’s wife (disclaimed).
- F2–F4: Additional shares are held in various family/trust structures with the reporting person as trustee/co-trustee (disclaimed in part).
- F5/F6: Weighted sale prices are reported; the filer will provide a breakdown of exact per-share prices to the SEC or issuer on request.
- Filing timeliness: Form 4 was filed on 2026-03-02 covering transactions on 2026-02-26 and 02-27; the filing date aligns with standard Form 4 timing (filed within the expected two-business-day window).
Context
- This report documents sales by a 10% owner (a major shareholder), not an option exercise or gift. Sales by large shareholders can reflect personal, estate, or trust needs and do not, by themselves, prove a change in company outlook. The filing is factual and does not state a reason for the disposals.