James T. Gottwald, identified as a 10% owner of Tredegar Corp (NASDAQ:TG), executed a divestiture of 18,159 shares across two separate transactions on June 9 and June 10, 2026. The total proceeds from these sales reached approximately $145,825, with individual share prices ranging between $8.00 and $8.035. The transactions were facilitated indirectly through his role as co-trustee of the Residual 10-year CLAT UA FDGJR Living Trust. Following the sales, Gottwald's indirect holdings within the trust amount to 435,065 shares. The company's stock currently trades at $7.98, slightly below the transaction prices, with a market capitalization of $274 million.
According to InvestingPro analysis, Tredegar appears undervalued based on Fair Value metrics. The company remains profitable over the last twelve months and trades at a P/E ratio of 9.74. The stock currently trades at $7.98, slightly below the insider sale prices, with a market capitalization of $274 million. According to InvestingPro analysis, Tredegar appears undervalued based on Fair Value metrics. The company remains profitable over the last twelve months and trades at a P/E ratio of 9.74.
Following these sales, Mr. Gottwald’s indirect holdings through the Residual 10-year CLAT UA FDGJR Living Trust stand at 435,065 shares. The filing also indicates other holdings, including 40,000 shares held directly, 847,469 shares held as co-trustee for family members, 10,000 shares owned by his spouse (for which beneficial ownership is disclaimed), and 90,000 shares held as co-trustee of the John D. Gottwald Family Trust (for which beneficial ownership is also disclaimed).
In other recent news, Tredegar Corporation has announced several leadership and board changes. Carl Czarnik has been promoted to Senior Vice President and General Manager of Bonnell Aluminum, effective June 15, 2026, following the retirement of Brook Hamilton in July 2026. Hamilton has been with Bonnell Aluminum since 2005 and served as its President since 2013. In addition to these changes, Tredegar Corporation has made adjustments to its board of directors. Joseph Haniford has joined the board, while George C. Freeman, III and Carl E. Tack, III have resigned. Freeman had been a director since 2011, and Tack since 2014. These developments were announced in a press release statement. Furthermore, Tredegar recently held its Annual Meeting of Shareholders, where 31,273,669 shares were represented, allowing for a quorum. Shareholders voted on key proposals, including the election of directors.