Tack Carl E. III 4
Research Summary
AI-generated summary
Tredegar (TG) Director Carl E. Tack III Sells 5,435 Shares
What Happened Carl E. Tack III, a director of Tredegar Corporation (TG), sold 5,435 shares on May 18, 2026 in open‑market transactions. The shares were sold for a weighted average price of $7.81, generating proceeds of approximately $42,447. This was a sale (disposition), not a purchase.
Key Details
- Transaction date: 2026-05-18; Filing date (Form 4): 2026-05-20 (appears timely under Form 4 rules).
- Price: weighted average $7.81 per share; actual sale prices ranged from $7.75 to $7.89 across multiple trades.
- Shares sold: 5,435; Proceeds: ~$42,447.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Footnote: the reported price is a weighted average for multiple trades; the reporting person will provide a breakdown of shares sold at each price upon request.
- Transaction code: S (Sale).
Context Sales by directors can be routine (e.g., diversification or liquidity needs) and do not by themselves signal company outlook. This Form 4 shows a straightforward open‑market sale; there is no indication in the excerpt of a 10% owner status, option exercise, gift, or tax‑withholding event.