James T. Gottwald, who is recorded as owning 10% of Tredegar Corporation (NYSE: TG), sold a combined 79,092 shares of the company on January 22 and January 23, 2026, for a total of approximately $683,494, according to a Form 4 filed with the Securities and Exchange Commission.
The filing breaks the transactions into two separate tranches. On January 22, 2026, Gottwald sold 54,269 shares at a weighted average price of $8.697 per share, with trade prices ranging between $8.50 and $9.00. The following day, January 23, 2026, he sold another 24,823 shares at a weighted average price of $8.521, with prices between $8.50 and $8.57.
Post-transaction holdings
After these disposals, Gottwald's remaining interest in Tredegar consists of multiple holdings reported in the Form 4:
- Indirectly holds 640,992 shares as co-trustee of the Residual 10-year CLAT UA FDGJR Living Trust.
- Directly holds 40,000 shares.
- Indirectly holds 847,469 shares as co-trustee FBO reporting person’s family u/w Floyd D. Gottwald.
- 10,000 shares owned by a spouse.
- 90,000 shares held as co-trustee of the John D. Gottwald Family Trust.
Concurrent leadership change
Separately, Tredegar Corporation has announced a scheduled leadership transition. John M. Steitz, who has been a director since 2018 and has served as President and CEO since 2019, plans to retire at the end of 2025. Arijit "Bapi" DasGupta has been elected to succeed Steitz and will begin his role as President and CEO on January 1, 2026. The company also reports that DasGupta, who has been with Tredegar since 2007 and led the PE Films business unit beginning in 2015, will join the Board of Directors.
Tredegar described these management changes as a significant alteration in the company's leadership structure.
What is documented and what remains unspecified
The SEC filing provides explicit detail on the number of shares sold, the dates of sale, the weighted average prices and the ranges at which trades executed, as well as the composition of Gottwald's remaining ownership interests. The filing and the company announcement do not state any reason for the stock sales, nor do they provide commentary on how the leadership transition might affect company strategy or operations. The information is limited to the transactions, holdings and the planned executive succession as reported.