GOTTWALD WILLIAM M 4
Research Summary
AI-generated summary
Tredegar (TG) 10% Owner William M. Gottwald Sells 16,822 Shares
What Happened
William M. Gottwald, a reported 10% owner of Tredegar Corp (TG), sold a total of 16,822 shares in open‑market transactions on Feb 26 and Feb 27, 2026. He sold 12,007 shares on Feb 26 at a weighted price of $8.99 (range $8.88–$9.04) for $107,955, and 4,815 shares on Feb 27 at a weighted price of $9.02 (range $8.87–$9.09) for $43,441. Combined proceeds from the two disposals were $151,396. These were sales (not purchases or option exercises) and are typically treated as routine dispositions.
Key Details
- Transaction dates: Feb 26, 2026 (12,007 shares) and Feb 27, 2026 (4,815 shares).
- Reported prices: weighted $8.99 (first sale; actual prices $8.88–$9.04) and weighted $9.02 (second sale; actual prices $8.87–$9.09). Full per‑price breakdown available from filer on request (footnotes F5/F6).
- Total shares sold: 16,822; total proceeds: $151,396.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing: Form 4 filed March 2, 2026 (reporting period begins Feb 26, 2026); filing does not indicate it was late.
- Notable footnotes: F1–F4 note some shares are held by the reporting person’s wife or in trusts (co‑trustee/trustee roles); the reporting person disclaims beneficial ownership for shares held by his wife.
Context
As a 10% owner, Gottwald is a major shareholder rather than a routine executive/insider; such sales can reflect portfolio, estate or trust management rather than a company view. These were outright open‑market sales (code S), and the filing provides price ranges and offers to supply exact per‑price quantities on request.