William M. Gottwald, who holds a ten percent stake in TREDEGAR CORP (NASDAQ:TG), executed two separate transactions involving the sale of company common stock totaling $97,096 during mid-May 2026. These sales occurred on May 14 and May 15, 2026, with transaction prices ranging between $8.008 and $8.344 per share.
On the earlier date of May 14, Mr. Gottwald divested 4,550 shares of the stock. This disposal was executed at a weighted average price calculated at $8.344 per share, with observed prices for this specific transaction falling within the narrow band of $8.30 to $8.40.
The subsequent day, May 15, saw the sale of an additional 7,384 shares. These shares were sold at a weighted average price of $8.008 per share, and the prices recorded for these transactions ranged from $8.00 to $8.04.
It is important to note that all shares disposed of by Mr. Gottwald during this period were held indirectly through his capacity as co-trustee of the Residual 10-Year CLAT UA FDGJR Living Trust.
Current and Remaining Holdings
Following these recent sales, documentation confirms that Mr. Gottwald's indirect ownership stake in Tredegar Common Stock remains substantial. Specifically, his holdings through the Residual 10-Year CLAT UA FDGJR Living Trust account for 482,468 shares. Furthermore, other reported indirect holdings include 6,197 shares owned by his wife, which he has formally disclaimed beneficial ownership of; an additional 847,470 shares held as co-trustee for his family under the will established by Floyd D. Gottwald; and 211,260 shares managed in his capacity as trustee of the William Michael Gottwald Revocable Trust.
Market Context and Corporate Activity
Despite the recent market weakness observed following these transactions, which saw the stock decline sharply to $7.62 from its previous levels, representing a drop of nearly 15% over the preceding week, an analysis provided by InvestingPro suggests that the company may be undervalued. This assessment is supported by the platform listing the stock on its Most Undervalued list and assigning it a