Form 4: Tredegar Corp Executive Kevin Donnelly Reports Share Transaction
SEC Form 4 Filing
Executive Vice President Kevin Donnelly reports a transaction involving Tredegar Corp common stock related to tax liability from vesting restricted stock.
Summary
- On March 14, 2025, Kevin Cyril Donnelly, an Executive Vice President, General Counsel, and Secretary at Tredegar Corp, reported a transaction involving the company's common stock.
- The transaction involved the withholding of 6,073 shares by the issuer to cover tax liabilities incurred upon the vesting of restricted stock previously granted on March 16, 2022.
- The price per share for the transaction was $7.34.
- Following the transaction, Donnelly directly owns 148,890 shares of Tredegar Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of covering tax obligations related to vested stock awards.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/16/2022 | Date of original restricted stock grant. |
| 03/14/2025 | Date of transaction (shares withheld for tax liability). |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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