James T. Gottwald, recognized as a ten percent owner of Tredegar Corp (NYSE:TG), has reported the sale of $26,136 worth of the company's common equity. The divestment was executed across two distinct transactions on June 4 and June 5, 2026. The shares were disposed of at prices fluctuating between $7.76 and $8.00 per share. This insider activity coincides with a period where Tredegar's stock is trading at $7.93, reflecting a decline of approximately 11% over the past year. Despite this recent price weakness, analysis indicates the stock is trading at a price-to-earnings ratio of 9.69 and maintains a financial health score rated as "GREAT". Investors are directed to explore whether TG appears on lists of undervalued stocks for deeper value opportunities.
On June 4, Mr. Gottwald disposed of 34 shares of Tredegar common stock at a price of $8.00 per share. The following day, June 5, an additional 3,333 shares were sold at $7.76 per share. Both sales were executed through indirect holdings, specifically as co-trustee of the Residual 10-year CLAT UA FDGJR Living Trust. Following these transactions, the trust retains a position of 453,224 shares.
Mr. Gottwald's direct ownership in Tredegar common stock stands at 40,000 shares. Additionally, he holds several indirect stakes: 847,469 shares as co-trustee for his family under the will of Floyd D. Gottwald; 10,000 shares owned by his spouse, for which Mr. Gottwald disclaims beneficial ownership; and 90,000 shares as co-trustee of the John D. Gottwald Family Trust, for which Mr. Gottwald also disclaims beneficial ownership.
In other recent news, Tredegar Corporation announced a series of leadership and board changes. Bonnell Aluminum, a subsidiary of Tredegar, revealed that Carl Czarnik will take on the role of Senior Vice President and General Manager starting June 15, 2026, following the retirement of Brook Hamilton in July 2026. Hamilton has been with the company since 2005 and served as President since 2013. Additionally, Tredegar Corporation disclosed changes to its board of directors, with Joseph Haniford joining the board, while George C. Freeman, III and Carl E. Tack, III resigned. Freeman had been a director since 2011, and Tack since 2014. These developments were shared in a press release statement. Furthermore, Tredegar held its Annual Meeting of Shareholders, where votes were cast on director elections and executive compensation. The meeting saw 31,273,669 shares represented either in person or by proxy, meeting quorum requirements.