William M. Gottwald, a key investor in Tredegar Corp (NYSE:TG), has completed the disposal of company common stock worth $8,164 through two separate transactions recorded on June 2 and June 3, 2026. The shares were offloaded at prices between $7.77 and $8.00 per share. On June 2, 197 shares were sold at $8.00 each. The following day, 848 additional shares were disposed of at $7.77 per share. Both sales were executed indirectly, with the shares held as co-trustee of the Residual 10-Year CLAT UA FDGJR Living Trust.
As of the latest data, Tredegar stock trades at $7.87, representing a decline of roughly 10% over the past twelve months. This downward trend reflects broader pressure on the shares, even though the company has maintained profitability over the last twelve months. According to InvestingPro analysis, Tredegar appears undervalued at current levels, with the stock trading at a P/E ratio of 9.62. Investors can access the platform’s Fair Value estimate and 3 additional ProTips for deeper insights into the company’s investment potential.
Following these transactions, Mr. Gottwald’s reported indirect beneficial ownership includes 456,590 shares held through the Residual 10-Year CLAT UA FDGJR Living Trust. He also indirectly holds 6,197 shares through his wife (for which he disclaims beneficial ownership), 847,470 shares as co-trustee FBO his family u/w Floyd D. Gottwald, and 211,260 shares as trustee of the William Michael Gottwald Revocative Trust.
In other recent news, Tredegar Corporation announced several significant changes within its leadership and governance. Bonnell Aluminum, a subsidiary of Tredegar Corporation, revealed that Carl Czarnik has been promoted to Senior Vice President and General Manager, succeeding Brook Hamilton, who will retire in July 2026 after over two decades with the company. In addition, Tredegar Corporation disclosed changes to its board of directors, with Joseph Haniford joining the board and the resignation of directors George C. Freeman, III and Carl E. Tack, III, effective May 22. Freeman and Tack had served on the board since 2011 and 2014, respectively. Furthermore, during Tredegar’s Annual Meeting of Shareholders on May 8, 2026, shareholders voted on director elections and executive compensation, with 31,273,669 shares represented either in person or by proxy. These developments reflect ongoing adjustments within Tredegar’s leadership and governance structure.