Form 4: Tredegar Corp Executive Frasier W. Brickhouse, II Reports Share Transaction
SEC Form 4 Filing
Treasurer and Controller of Tredegar Corp, Frasier W. Brickhouse, II, reports disposition of shares to cover tax obligations and holdings in a 401(k) plan.
Summary
- On March 14, 2025, Frasier W. Brickhouse, II, Treasurer and Controller of Tredegar Corp, reported a transaction involving Tredegar Common Stock.
- 1,810 shares were disposed of to cover tax liabilities arising from the vesting of restricted stock granted on March 16, 2022, at a price of $7.34 per share.
- Following the transaction, Brickhouse directly owns 49,443 shares of Tredegar Common Stock.
- Brickhouse also indirectly owns 4,888 shares through the Tredegar Corporation Retirement Savings Plan (401(k) Plan).
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of share transactions for tax purposes.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and legal as long as they comply with SEC regulations. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it's a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/16/2022 | Date of original grant of restricted stock that vested |
| 03/14/2025 | Date of transaction (disposal of shares for tax liability) |
| 03/18/2025 | Date of signature on the Form 4 filing |
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