Gold prices buoyed by tariff fears; US duties on 1-kilo bars spur supply concerns
William M. Gottwald, a ten percent owner of Tredegar Corp TG:TG, sold 7,058 shares of common stock on August 1, 2025, according to a recent SEC Form 4 filing. The sale comes as the stock has experienced a significant 57.71% return over the past year, despite recent pressure showing an 8.1% decline in the past week, according to InvestingPro data. The sales were executed at prices ranging from $8.33 to $8.475, resulting in a total transaction value of $59405.
The shares are indirectly owned as co-trustee of the Residual 10-Year CLAT UA FDGJR Living Trust. Following the transactions, Gottwald still indirectly owns 781,508 shares of Tredegar Corp.
In other recent news, Tredegar Corporation has amended its asset-based lending facility, as noted in a filing with the Securities and Exchange Commission. The amendment involves JPMorgan Chase (NYSE:JPM) Bank as the administrative agent and lender, along with other financial institutions. This adjustment extends the maturity date of the facility to May 6, 2030. Additionally, Tredegar has managed to lower the interest rate margins for various loan types. The new rates range from 1.75% to 2.25% for Term Benchmark Loans and RFR Loans, and from 0.75% to 1.25% for ABR Loans, depending on average quarterly availability. These changes are part of the Fifth Amendment to the credit agreement, originally dated June 29, 2022.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.