Brickhouse Frasier W II 4

What Happened

• Frasier W. Brickhouse II, Vice President, Chief Financial Officer and Treasurer of Tredegar Corporation (TG), was granted 20,672 shares of restricted stock on March 11, 2026. The award price is reported as $7.74 per share, for a total reported value of $160,001. This was an award/acquisition (compensation grant), not an open‑market purchase or sale.

Key Details

• Transaction date and price: 2026-03-11 at $7.74 per share (20,672 shares; $160,001 total).
• Vesting: The restricted shares vest ratably in one‑third annual installments on March 11, 2027, March 11, 2028 and March 11, 2029 (Footnote F1).
• Retirement plan note: Some shares are reported by the Tredegar Corporation Retirement Savings Plan trustee (Footnote F2).
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Timeliness: The Form 4 was filed on 2026-03-17 (six days after the transaction). This appears later than the standard two business‑day Form 4 reporting requirement, which can affect transparency.

Context

• These shares are restricted and subject to multi‑year vesting, so they are not immediately liquid — the award primarily reflects compensation rather than an immediate insider market view.
• Awards to executives are common compensation practice; they differ from open‑market purchases (which can be viewed as direct bullish bets) or sales (which may be routine or for diversification/tax reasons).