Brickhouse Frasier W II 4

What Happened
Brickhouse Frasier W. II, Vice President, Chief Financial Officer and Treasurer of Tredegar Corporation (TG), had 2,523 shares withheld by the issuer on May 11, 2026 to satisfy the tax liability from the vesting of previously granted restricted stock. The withholding was at $9.36 per share, equal to $23,615. This is a tax-withholding disposal (transaction code F), not an open-market sale or new purchase.

Key Details

• Transaction date: May 11, 2026; filing date (Form 4): May 13, 2026.
• Shares withheld/disposed: 2,523 at $9.36 per share; total value $23,615.
• Transaction code: F = shares withheld for tax payment on vesting. Footnote: represents shares withheld by the issuer to pay the tax liability from restricted stock vested May 11, 2023.
• Shares owned after the transaction: not specified in this filing.
• Filing timeliness: filed two days after the transaction (appears timely under Form 4 rules).

Context
Tax-withholding by an employer on vested restricted stock is routine and reflects tax obligations, not necessarily a signal of the insider’s view of the company. This was a cashless-type disposition to cover taxes rather than a deliberate market sale or purchase.