---
schema_version: "secwatch.filing_event.v1"
accession: "0000850429-22-000002"
form_type: "8-K"
ticker: "TG"
cik: "0000850429"
company_name: "TREDEGAR CORP"
filed_at: "2022-02-10T23:59:59+00:00"
generated_at: "2026-06-27T09:24:39.630518+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Tredegar initiates pension plan termination, contributes $50M to reduce underfunding

## Summary
- Board adopted resolution to terminate frozen defined benefit pension plan; process expected up to 24 months.
- Borrowed $50M under revolver on Feb 9, 2022 to contribute to plan, reducing underfunding.
- Estimated GAAP underfunding $69M as of Dec 31, 2021; expects ~$11M income tax benefit.
- Pension expense ~$14M in 2022 GAAP, zero for Credit EBITDA; administrative costs $4-5M.

## SEC filing metadata
- accession: 0000850429-22-000002
- form_type: 8-K
- ticker: TG
- cik: 0000850429
- company_name: TREDEGAR CORP
- filed_at: 2022-02-10T23:59:59+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/850429/000085042922000002/0000850429-22-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/850429/000085042922000002/tg-20220210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000850429-22-000002
- JSON: https://secwatch.observer/filing/0000850429-22-000002.json
- Plain text: https://secwatch.observer/filing/0000850429-22-000002.txt

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