Gottwald Family Group Holds 7.1M Shares of Tredegar Corp.

TL;DR

**Gottwald family group owns 7.1 million shares of Tredegar, giving them major control.**

AI Summary

John D. Gottwald and his family group, including William M. Gottwald, James T. Gottwald, and the Residual 10-Year CLAT UA FDGJR Living Trust, collectively beneficially own 7,115,730 shares of Tredegar Corporation (NYSE: TG) common stock as of January 29, 2024. This represents a significant ownership stake, with John D. Gottwald holding sole voting and dispositive power over 1,917,639 shares and shared power over an additional 5,198,091 shares. This matters to investors because the Gottwald family, as a major shareholder group, has substantial influence over the company's strategic decisions and potential future direction, which could impact stock performance.

Why It Matters

This filing indicates that a prominent family group maintains a substantial ownership stake in Tredegar, giving them considerable sway over corporate governance and strategic initiatives.

Risk Assessment

Risk Level: low — The filing indicates a stable, significant ownership by a family group, which generally reduces volatility and provides consistent oversight.

Analyst Insight

Investors should monitor any future filings from the Gottwald family group for changes in their ownership stake or stated intentions, as their significant holdings give them considerable influence over Tredegar's direction.

Key Numbers

• 7,115,730 — Aggregate shares beneficially owned (Total shares controlled by the Gottwald family group in Tredegar Corporation)
• 1,917,639 — Shares with sole voting power (Shares over which John D. Gottwald has exclusive voting control)
• 5,198,091 — Shares with shared voting power (Shares over which John D. Gottwald shares voting control with other group members)

Key Players & Entities

• John D. Gottwald (person) — Reporting Person, holds sole and shared voting/dispositive power
• William M. Gottwald (person) — Member of the Gottwald family group
• James T. Gottwald (person) — Member of the Gottwald family group
• Residual 10-Year CLAT UA FDGJR Living Trust (company) — Member of the Gottwald family group
• TREDEGAR CORPORATION (company) — The Issuer of the common stock
• 7,115,730 (dollar_amount) — Aggregate shares beneficially owned by the Gottwald family group
• January 29, 2024 (date) — Date of event requiring the filing

Forward-Looking Statements

• The Gottwald family group will continue to exert significant influence over Tredegar Corporation's strategic decisions. (TREDEGAR CORPORATION) — high confidence, target: 2025-01-30

FAQ

Filing Documents

• d84114dsc13da.htm (SC 13D/A) — 83KB
• d84114dex991.htm (EX-99.1) — 3KB
• 0001193125-24-019535.txt ( ) — 87KB

From the Filing

SC 13D/A 1 d84114dsc13da.htm SC 13D/A SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 14)* TREDEGAR CORPORATION (Name of Issuer) COMMON STOCK (Title of class of securities) 894650 100 (CUSIP NUMBER) John D. Gottwald William M. Gottwald James T. Gottwald Residual 10-Year CLAT UA FDGJR Living Trust c/o John D. Gottwald Westham Partners 9030 Stony Point Parkway, Suite 505 Richmond, Virginia 23235 Telephone No. 804-560-6961 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Copy to: William I. Sanderson, Esq. John B. Cornelius, Esq. McGuireWoods LLP 800 East Canal Street Richmond, Virginia 23219 Telephone No. 804-775-1000 January 29, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. CUSIP NO. 894650 100 13D Page 2 of 8 1 NAMES OF REPORTING PERSON John D. Gottwald 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions) (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS PF and OO 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 1,917,639 8 SHARED VOTING POWER 5,198,091 9 SOLE DISPOSITIVE POWER 1,917,639 10 SHARED DISPOSITIVE POWER 5,198,091 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,115,730 12 CHECK BOX, IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 20.7% (1) 14 TYPE OF REPORTING PERSON IN CUSIP NO. 894650 100 13D Page 3 of 8 1 NAMES OF REPORTING PERSON William M. Gottwald 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions) (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS* PF and OO 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 68,895 8 SHARED VOTING POWER 5,044,035 9 SOLE DISPOSITIVE POWER 68,895 10 SHARED DISPOSITIVE POWER 5,044,035 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,112,930 12 CHECK BOX, IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.9% (1) 14 TYPE OF REPORTING PERSON IN CUSIP NO. 894650 100 13D Page 4 of 8 1 NAMES OF REPORTING PERSON James T. Gottwald 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions) (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS* PF and OO 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 40,000 8 SHARED VOTING POWER 5,137,838 9 SOLE DISPOSITIVE POWER 40,000 10 SHARED DISPOSITIVE POWER 5,137,838 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,177,838 12 CHECK BOX, IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 15.0% (1) 14 TYPE OF REPORTING PERSON IN CUSIP NO. 894650 100 13D Page 5 of 8 1 NAMES OF REPORTING PERSON Residual 10-Year CLAT UA FDGJR Living Trust 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions) (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS OO 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 2,394,646 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 2,394,646 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,394,646 12 CHECK BOX, IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.0% (1) 14 TYPE OF REPORTING PERSON OO * Amendment No. 14 amends and supplements Amendment Nos. 1 through 13 to the statement on Schedule 13D initially filed on August 15, 1989 with respect to shares of common stock (the Common Stock) of Tredegar Corporation (the Issuer), and serves as the initial Schedule 13D filing for Reporting Person Residual 10-Year CLAT UA FDGJR Living Trust. The purpose for the filing of this A

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