TREDEGAR CORP·4

Apr 3, 4:10 PM ET

SNEAD THOMAS G JR 4

Research Summary

AI-generated summary

Updated

Tredegar (TG) Director Thomas G. Snead Jr. Receives 2,740-Share Award

What Happened

  • Thomas G. Snead Jr., a director of Tredegar Corp. (TG), received an award of 2,740 shares on April 1, 2026. The reported acquisition price is $8.21 per share, for a total value of approximately $22,495. The transaction is coded "A" (award/grant/other acquisition), meaning these shares were issued as a grant rather than bought on the open market.

Key Details

  • Transaction date and price: April 1, 2026 — 2,740 shares at $8.21 per share.
  • Total value: ≈ $22,495.
  • Shares owned after transaction: Not specified in the filing.
  • Transaction code: A (award/grant/other acquisition).
  • Filing date: April 3, 2026 — filed two days after the transaction date (appears timely under the Form 4 two-business-day rule).
  • No footnotes, 10b5-1 plan, or tax-withholding details disclosed in the reported entry.

Context

  • Awards/grants are typically part of executive or director compensation and may reflect standard equity pay rather than a personal bet on the stock. Such grants are informative about compensation practices but are not the same signal as an insider buying shares on the open market.
  • Retail investors should view this as a compensation-related issuance; combine this information with other insider transactions, company fundamentals, and news before drawing conclusions.