---
schema_version: "secwatch.filing_event.v1"
accession: "0000850429-21-000079"
form_type: "8-K"
ticker: "TG"
cik: "0000850429"
company_name: "TREDEGAR CORP"
filed_at: "2021-12-28T23:59:59+00:00"
generated_at: "2026-06-27T22:14:26.499700+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Tredegar sells ~18% kaléo stake for $47.1M cash, plus up to $14M contingent payments

## Summary
- Closed sale of 18% ownership in kaléo to Marathon Asset Management; received $47.1M cash proceeds.
- Potential post-closing adjustments up to $1.4M; contingent payments up to $5.6M (2023) and $8.5M (2024) based on kaléo revenue.
- Fair value of stake was $35.5M at Sept 30, 2021; cost basis $7.5M; received $17.6M dividend from kaléo in 2019.
- Expects to use ~$25M capital loss carryforwards to partially offset capital gains from the transaction.

## SEC filing metadata
- accession: 0000850429-21-000079
- form_type: 8-K
- ticker: TG
- cik: 0000850429
- company_name: TREDEGAR CORP
- filed_at: 2021-12-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/850429/000085042921000079/0000850429-21-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/850429/000085042921000079/tg-20211228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000850429-21-000079
- JSON: https://secwatch.observer/filing/0000850429-21-000079.json
- Plain text: https://secwatch.observer/filing/0000850429-21-000079.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.