James T. Gottwald, who holds an ownership stake of approximately 10% in Tredegar Corp (NYSE:TG), reported the disposition of 16,823 shares of common stock in a Form 4 filing with the Securities and Exchange Commission. The trades took place on February 26 and February 27, 2026, and together generated proceeds of $151,404.
The sales were carried out in two distinct tranches. On February 26, Gottwald sold 12,008 shares at a weighted average price of $8.991 per share, with individual execution prices that ranged from $8.88 to $9.04. That single-day transaction totaled roughly $107,963.
On February 27, Gottwald completed an additional sale of 4,815 shares at a weighted average price of $9.022 per share, with prices on that day spanning from $8.87 to $9.09. The February 27 transaction amounted to approximately $43,441.
The filing records that, following these sales, Gottwald directly holds 40,000 shares of Tredegar common stock. He also has indirect holdings that the filing enumerates: 847,469 shares as co-trustee FBO (among others) reporting person’s family u/w Floyd D. Gottwald; 10,000 shares owned by a spouse; 90,000 shares held as co-trustee of the John D. Gottwald Family Trust; and 524,623 shares held as co-trustee of the Residual 10-year CLAT UA FDGJR Living Trust. The filing states that Gottwald disclaims beneficial ownership of the spousal and trust-held shares.
The timing of the Form 4 drew attention because the stock was trading at $9.54 at the time of the filing, a level described in the filing context as just 1% below its 52-week high of $9.43. The company’s share price had posted a strong year-to-date advance of 27.9%.
Valuation note and corporate leadership update
Separately, analysis from InvestingPro flagged Tredegar as appearing overvalued at current price levels based on its Fair Value assessment. The InvestingPro note indicated investors can review valuation metrics and additional commentary via its overvalued stocks list.
In corporate developments, Bonnell Aluminum, a Tredegar subsidiary, announced a management change. Effective March 1, 2026, Tracy Bridges will assume the role of Vice President of Sales and Marketing. Bridges succeeds Eric Yost, who is retiring after 28 years with the company. Bridges has more than two decades of experience at Bonnell Aluminum, having served in roles including Director of Customer Experience, Regional Sales Manager, Segment Sales Manager, and Market Manager.
The company noted this leadership change as part of efforts to strengthen management at the subsidiary level. The filing and subsequent company communications did not disclose any other major changes or developments at this time.
What the Form 4 shows
- Shares sold by James T. Gottwald: 16,823 (12,008 on Feb. 26; 4,815 on Feb. 27, 2026)
- Aggregate proceeds from the sales: $151,404
- Transaction price range: $8.87 to $9.09 per share
- Direct ownership retained by Gottwald after sales: 40,000 shares
- Indirect and trust-related holdings listed in the filing: 1,551,092 shares across several trust and spousal allocations, with Gottwald disclaiming beneficial ownership of certain portions
Context for investors
The filing provides clear, itemized information on the insider sales and the remaining ownership structure attributed to Gottwald. Investors monitoring insider activity, trust holdings, and shifts in executive or subsidiary leadership can use the Form 4 and the company announcement about Bonnell Aluminum’s new vice president as primary source documentation for these developments.
The company has not announced any other major changes or developments at this time.