William M Gottwald, who holds a 10% stake in Tredegar Corp (NYSE:TG), executed two sales of the company's common stock totaling 30,221 shares. These transactions represent an approximate disposition value of $258,896 and took place across May 12 and May 13, 2026.
The sales were conducted through indirect means, specifically utilizing shares held by the co-trustee role within the Residual 10-Year CLAT UA FDGJR Living Trust. On May 12, Mr. Gottwald divested 25,355 shares at a weighted average price of $8.617 per share; the individual transaction prices for these shares ranged from $8.40 to $9.30. The subsequent day, May 13, saw the sale of an additional 4,866 shares, which were transacted at a weighted average price of $8.305 per share, with specific selling prices falling between $8.30 and $8.36.
These transactions occurred against a backdrop of recent market volatility for Tredegar Corp stock. Over the preceding week, the stock experienced a notable decline, dropping nearly 20% to reach $8.19. Despite this downward movement in price, certain analyses provided by InvestingPro suggest that the company may still be undervalued. According to these reports, the stock maintains a P/E ratio of 9.86 and carries a market capitalization of $282.6 million.
In addition to the insider activity, recent corporate developments highlight ongoing governance and operational shifts at Tredegar Corp. The company recently held its Annual Meeting of Shareholders, an event where shareholders were able to vote on several critical proposals, including the election of directors. Participation in this meeting was substantial, represented by 31,273,669 shares, which established a quorum for corporate activity.
Furthermore, Bonnell Aluminum, a subsidiary operating under Tredegar Corporation, announced significant changes in its leadership structure. Tracy Bridges has been appointed as the Vice President of Sales and Marketing. This appointment marks a change from Eric Yost, who is retiring after serving with the company for 28 years. Ms. Bridges brings considerable experience to this role, having spent over two decades working within various sales and management capacities at the company, positioning her well for these new responsibilities.
Risks
- The recent 20% decline in Tredegar Corp stock over one week suggests potential short-term market pressure or negative sentiment.
- The reliance on indirect trust holdings for these sales means that the disposition of shares is managed through complex legal structures.
More from Insider Trading
Risks
- The recent 20% decline in Tredegar Corp stock over one week suggests potential short-term market pressure or negative sentiment.
- The reliance on indirect trust holdings for these sales means that the disposition of shares is managed through complex legal structures.