Tredegar Corp (TG) ten percent owner Gottwald sells $59k in stock

Published 04/08/2025, 22:48
Tredegar Corp (TG) ten percent owner Gottwald sells $59k in stock

James T. Gottwald, a ten percent owner of Tredegar Corp TG, sold 7,048 shares of the company’s common stock on August 1, 2025, according to a recent SEC filing. The sales were executed at prices ranging from $8.33 to $8.475, resulting in a total transaction value of $59,405. The transaction comes as the stock, currently trading at $8.28, has seen a remarkable 57.71% return over the past year despite recent volatility. According to InvestingPro analysis, the stock appears fairly valued at current levels.

The shares sold are held indirectly as co-trustee of the Residual 10-year CLAT UA FDGJR Living Trust. Following the transactions, Gottwald still indirectly holds 781,507 shares of Tredegar Common Stock. With the company’s $281.73M market capitalization and upcoming earnings report in 3 days, investors seeking deeper insights can access additional analysis and 12+ exclusive tips through InvestingPro.

In other recent news, Tredegar Corporation has made significant amendments to its asset-based lending facility. According to a recent 8-K filing with the Securities and Exchange Commission, the company has extended the maturity date of its credit agreement to May 6, 2030. This amendment was made in collaboration with JPMorgan Chase (NYSE:JPM) Bank, N.A., serving as the administrative agent and lender, along with other banks. The revised terms also include a reduction in interest rate margins, which now range from 1.75% to 2.25% for Term Benchmark Loans and RFR Loans, and from 0.75% to 1.25% for ABR Loans. These changes are based on average quarterly availability, indicating a favorable adjustment in the company’s borrowing terms. The extension and rate reduction are expected to provide Tredegar with enhanced financial flexibility. These developments reflect a strategic move by the company to optimize its financial operations.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.