William M. Gottwald has reported a significant transaction involving shares of Tredegar Corp. This filing, dated October 22, 2026, details a sale of 33,334 shares at a weighted average price of approximately $8.03. Such movements in ownership can influence investor perceptions and market dynamics.
Background
Gottwald is associated with Tredegar Corp, a company engaged in the rolling, drawing, and extruding of nonferrous metals, classified under SIC 3350. Tredegar operates primarily in the manufacturing sector and is based in Richmond, Virginia. The company is publicly traded under the ticker TG.
What the Filing Says
The filing indicates that Gottwald sold 33,334 shares of Tredegar Common Stock on October 20, 2026. Following this transaction, he holds 292,286 shares. The filing notes that the shares were sold at prices ranging from $8.00 to $8.09.
Impact
This transaction may affect investor sentiment regarding Tredegar Corp, as significant sales by major shareholders can lead to speculation about the company's future. Gottwald, identified as a ten percent owner, has a notable stake in the company, which could influence other investors and stakeholders.
What's Next
The filing does not say what happens next.
Ownership Details
After the sale of 33,334 shares, William M. Gottwald continues to hold a total of 292,286 shares of Tredegar Common Stock. This ownership includes shares held directly and through various trusts. Specifically, he is a co-trustee of the Residual 10-Year CLAT UA FDGJR Living Trust and the William Michael Gottwald Revocable Trust, which collectively hold significant stakes in the company.
Additional Context
The filing also indicates that a portion of Gottwald's shares, specifically 6197 shares, is owned by his wife, for which he disclaims beneficial ownership. Furthermore, he holds 847,470 shares as a co-trustee for the benefit of his family under the trust established by Floyd D. Gottwald.
Legal Representation
The transaction was signed off by John D. Gottwald, who acted as Attorney-in-Fact for William M. Gottwald, indicating that legal representation was involved in the reporting of this transaction.
What the Filing Does Not Include
The filing does not provide details on the reasons behind the sale of shares or any potential plans for future transactions. Additionally, it does not mention any upcoming company events or financial disclosures that could impact Tredegar Corp's stock performance.