William M. Gottwald, recognized as a 10% owner of Tredegar Corp (NYSE:TG), has completed a series of share sales totaling $145,825. The transactions were disclosed in a recent SEC filing, with the report made public on June 11, 2026. The sales were executed over two consecutive days, June 9 and June 10, 2026, and were held indirectly as co-trustee of the Residual 10-Year CLAT UA FDGJR Living Trust.
On June 9, 2026, Mr. Gottwald disposed of 2,350 shares at a price of $8.00 per share. The following day, June 10, he sold an additional 15,809 shares. These later shares were transacted at a weighted average price of $8.035 per share, with individual sales occurring within a price range of $8.00 to $8.135. The total value of the transactions reached $145,825.
Following these transactions, Mr. Gottwald's indirect holdings in Tredegar common stock include 6,197 shares owned by his wife, for which he disclaims beneficial ownership. Other indirect holdings consist of 847,470 shares held as co-trustee for his family and 211,260 shares held as trustee of the William Michael Gottwald Revocative Trust. An additional 435,064 shares are held indirectly as co-trustee of the Residual 10-Year CLAT UA FDGJR Living Trust.
In other recent news, Tredegar Corporation has announced several significant changes within its leadership and board. Bonnell Aluminum, a subsidiary of Tredegar, revealed that Carl Czarnik will step into the role of Senior Vice President and General Manager starting June 15, 2026. This promotion follows the planned retirement of Brook Hamilton, who has been with the company since 2005 and served as President since 2013. Additionally, Tredegar Corporation reported board changes, with Joseph Haniford joining the board while George C. Freeman, III, and Carl E. Tack, III, resigned their positions. Freeman and Tack had been directors since 2011 and 2014, respectively. At the Annual Meeting of Shareholders held on May 8, 2026, Tredegar shareholders voted on the election of directors and executive compensation, with 31,273,669 shares represented.
The sales occurred as Tredegar shares traded near $7.97, down roughly 10% over the past year. According to InvestingPro analysis, the stock appears undervalued at current levels, trading at a P/E ratio of 9.74 with the company maintaining profitability over the last twelve months.