Insider sales
William M. Gottwald, identified as a ten percent owner of Tredegar Corp (NYSE: TG), executed two sales of company stock that together amounted to 3,483 shares and approximately $30,896 in proceeds, according to a Form 4 filed with the Securities and Exchange Commission.
The first disposal occurred on February 17, 2026, when Gottwald sold 64 shares at $8.80 per share. The second transaction, on February 18, 2026, involved 3,419 shares sold at a weighted average price of $8.872 per share, with individual trade prices ranging from $8.80 to $8.96.
Trading context
Tredegar's shares have been trading near their 52-week high of $9.43 and were up roughly 22% year-to-date at the time of the filing. The company carries a market capitalization of approximately $299 million and is reported to be trading at a price-to-earnings ratio of 133. An InvestingPro analysis cited in the filing suggests the stock is slightly overvalued at current levels.
Post-sale holdings
Despite the recent sales, Gottwald continues to hold a material position in Tredegar through multiple trust arrangements. The Form 4 lists the following holdings:
- 583,967 shares held as co-trustee of the Residual 10-Year CLAT UA FDGJR Living Trust;
- 847,470 shares held as co-trustee FBO (among others) reporting person’s family u/w Floyd D. Gottwald;
- 211,260 shares held as trustee of the William Michael Gottwald Revocable Trust;
- 6,197 shares owned by his wife.
Leadership transition
Separately disclosed by the company, John M. Steitz, Tredegar's President and Chief Executive Officer, will retire effective December 31, 2025. Effective January 1, 2026, Arijit "Bapi" DasGupta - who joined Tredegar in 2007 and has led the PE Films business unit since 2015 - will become CEO and will also join the company's Board of Directors. Steitz has served as a director since 2018 and as CEO since 2019. The company described these moves as part of its ongoing strategic planning.
What this means
The Form 4 filing and the leadership announcement together provide shareholders with updated information on insider activity and executive succession. The disclosed sale amounts, the remaining concentrated holdings in trusts, the stock's recent trading performance, and the scheduled CEO succession are the primary facts detailed in the filings and company announcements.