Form 4: Tredegar Corp Executive D. Andrew Edwards Reports Stock Transaction
SEC Form 4 Filing
D. Andrew Edwards, Vice President and CFO of Tredegar Corp, reports the withholding of shares for tax liability and shares held in a 401(k) plan.
Summary
- On March 19, 2024, D. Andrew Edwards, Vice President and CFO of Tredegar Corp, reported a transaction involving Tredegar Common Stock.
- 4,648 shares were withheld by the issuer to cover tax liabilities incurred upon the vesting of restricted stock granted on March 19, 2021, at a price of $5.27.
- Edwards also reported owning 194 shares indirectly through the Tredegar Corporation Retirement Savings Plan (401(k) Plan).
- Following the reported transaction, Edwards directly owns 114,202 shares of Tredegar Common Stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations and 401(k) holdings, with no indication of significant positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/19/2021 | Date of original restricted stock grant. |
| 03/19/2024 | Date of stock transaction (shares withheld for tax liability). |
| 03/21/2024 | Date of signature on the Form 4 filing. |
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