Form 4: Tredegar Corp Executive D. Andrew Edwards Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive Vice President and CFO D. Andrew Edwards reports changes in beneficial ownership of Tredegar Corp stock due to tax liability and 401(k) plan holdings.
Summary
- D. Andrew Edwards, Executive Vice President and CFO of Tredegar Corp, filed a Form 4 to report changes in beneficial ownership of the company's stock.
- On May 4, 2025, 10,584 shares of Tredegar Common Stock were withheld by the issuer to cover tax liabilities incurred upon the vesting of restricted stock granted on May 4, 2022, at a price of $8.15 per share.
- Edwards also reported 194 shares held indirectly through the 401(k) Plan.
- Following these transactions, Edwards directly owns 187,771 shares of Tredegar Common Stock and indirectly owns 194 shares through the 401(k) Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Management Comments
- D. Andrew Edwards is the Executive Vice President and CFO of Tredegar Corporation.
Industry Context
Form 4 filings are standard practice for corporate insiders to report changes in their ownership of company stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| May 4, 2022 | Date of original restricted stock grant. |
| May 4, 2025 | Date of tax liability payment and share withholding. |
| May 6, 2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Tredegar Corp, Stock, Edwards, Executive, CFO
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