John D. Gottwald, who holds a ten-percent stake in Tredegar Corporation (NYSE: TG), completed a sale of 13,887 shares of the firm's common stock on January 16, 2026. The transactions occurred at sale prices spanning between $8.50 and $8.78 per share, totaling close to $119,053.
Following this divestment, Mr. Gottwald retains direct ownership of 1,917,639 shares of Tredegar common stock. Additionally, his indirect holdings include 12,953 shares owned by his wife, 90,000 shares maintained in a trust for his children, 847,470 shares held jointly as co-trustee for his family, and 720,084 shares administered as co-trustee of a living trust.
In parallel with these insider transactions, Tredegar Corporation has publicized a forthcoming management transition. The company’s current President and Chief Executive Officer, John M. Steitz, announced his intention to retire effective December 31, 2025. Steitz, who has served as a director since 2018 and held the President and CEO posts since 2019, will be succeeded by Arijit “Bapi” DasGupta starting January 1, 2026.
DasGupta, a company veteran since 2007 with leadership experience as President of the PE Films business unit since 2015, will also join Tredegar’s Board of Directors upon his appointment as CEO. This change signifies a critical leadership evolution as Tredegar prepares for the new year with fresh governance at the helm.