James T. Gottwald, recognized as a ten percent owner of Tredegar Corp (NASDAQ:TG), executed a series of stock sales totaling approximately $213,692. The transactions were formally documented in a Form 4 filing submitted to the Securities and Exchange Commission on June 15, 2026. The divestment occurred over a two-day period, specifically on June 11 and June 12, 2026.
On June 11, 2026, Mr. Gottwald disposed of 6,152 shares. These shares were sold at a weighted average price of $8.004 per share. The individual sale prices for this batch ranged from $8.00 to $8.04. The following day, June 12, 2026, an additional 20,146 shares were sold. These shares carried a weighted average price of $8.163 per share, with prices ranging from $8.00 to $8.24. All shares involved in these sales were held indirectly by Mr. Gottwald in his capacity as co-trustee of the Residual 10-year CLAT UA FDGJR Living Trust.
At the time of the filing, Tredegar shares were trading at $8.04. This price point sits below InvestingPro’s Fair Value analysis, which suggests the stock may be undervalued. The company currently carries a market capitalization of $275 million and trades at a P/E ratio of 9.78. For investors evaluating Tredegar’s fundamentals, InvestingPro subscribers have access to over 10 additional ProTips, including insights on the company’s profitability and cash flow strength.
Following these transactions, Mr. Gottwald directly holds 40,000 shares of Tredegar common stock. He also maintains several indirect holdings, including 847,469 shares as co-trustee for his family under the will of Floyd D. Gottwald, and 408,767 shares remaining in the Residual 10-year CLAT UA FDGJR Living Trust. Additionally, Mr. Gottwald’s spouse owns 10,000 shares, and he holds 90,000 shares as co-trustee of the John D. Gottwald Family Trust; in both these instances, he 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 Brook Hamilton’s retirement in July. Hamilton has been with the company since 2005 and served as President since 2013. Additionally, Tredegar’s board saw changes with the resignation of directors George C. Freeman, III, and Carl E. Tack, III, who had served since 2011 and 2014, respectively. These resignations were announced effective May 22. Furthermore, Tredegar held its Annual Meeting of Shareholders on May 8, 2026, where shareholders voted on director elections and executive compensation. The meeting saw the representation of over 31 million shares, establishing a quorum. These developments highlight significant shifts in Tredegar’s leadership and governance.