Part I [Business](index=4&type=section&id=Item%201.%20Business) Tredegar operates in Aluminum Extrusions, PE Films, and Flexible Packaging Films, having divested non-core businesses in 2020 - Tredegar operates through three reportable business segments: **Aluminum Extrusions**, **PE Films**, and **Flexible Packaging Films**[11](index=11&type=chunk) - In 2020, the company completed the **sale** of its **Personal Care Films business**, which is now presented as **discontinued operations**, and also sold Bright View Technologies, which remains in continuing operations[12](index=12&type=chunk)[13](index=13&type=chunk) Aluminum Extrusions Net Sales by Market Segment (2018-2020) | Market Segment | 2020 | 2019 | 2018 | | :--- | :--- | :--- | :--- | | **Building and construction:** | | | | | Nonresidential | **56%** | **51%** | **51%** | | Residential | **9%** | **8%** | **8%** | | **Automotive** | **8%** | **9%** | **8%** | | **Specialty:** | | | | | Consumer durables | **10%** | **11%** | **12%** | | Machinery & equipment | **7%** | **7%** | **7%** | | Electrical | **4%** | **7%** | **7%** | | Distribution | **6%** | **7%** | **7%** | | **Total** | **100%** | **100%** | **100%** | - The **PE Films segment** is **highly concentrated**, with its top four customers **accounting for** **84%** of its **net sales** in 2020[21](index=21&type=chunk) - The backlog for the **Aluminum Extrusions segment increased by** approximately **41%** from \\$**52.8 million** at the end of 2019 to \\$**74.2 million** at the end of 2020[25](index=25&type=chunk) - As of December 31, 2020, Tredegar employed approximately **2,400 people**, with about **34%** represented by labor unions in the U.S. and Brazil[30](index=30&type=chunk) [Risk Factors](index=7&type=section&id=Item%201A.%20Risk%20Factors) The company faces risks including cyclical business, customer concentration, internal control weaknesses, underfunded pension, and COVID-19 impacts - The **sales volume** and profitability of the **Aluminum Extrusions segment** are **cyclical, seasonal**, and **highly dependent** on U.S. economic conditions, particularly in the construction sector[40](index=40&type=chunk) - The **PE Films segment** is **highly dependent** on a few large customers. A **product transition** by one key customer is expected to **reduce PE Films' EBITDA from ongoing operations by** an estimated \\$**18 million** in 2021 versus 2020[42](index=42&type=chunk) - The **Flexible Packaging Films segment** faces risks from overcapacity in Latin American polyester film production and economic uncertainty in Brazil, which could adversely impact financial results[45](index=45&type=chunk) - The company has identified **material weaknesses** in its **internal control over financial reporting**, which **increases the risk** of a **material misstatement** in its financial statements[47](index=47&type=chunk) - Tredegar has an **underfunded defined benefit pension plan**, which was **underfunded by** \\$**103.1 million** as of December 31, 2020, and requires an expected **cash contribution** of approximately \\$**11.7 million** in 2021[51](index=51&type=chunk) - The **COVID-19 pandemic** poses risks to operations, including higher absenteeism and hiring difficulties at Bonnell Aluminum, which could adversely affect financial condition and results[55](index=55&type=chunk) [Unresolved Staff Comments](index=12&type=section&id=Item%201B.%20Unresolved%20Staff%20Comments) The company reports no unresolved staff comments from the SEC - **None**[57](index=57&type=chunk) [Properties](index=12&type=section&id=Item%202.%20Properties) Tredegar owns most manufacturing facilities in the U.S., Brazil, and China, which are in good condition with sufficient capacity Principal Manufacturing Locations by Segment | Segment | Locations in the U.S. | Locations Outside the U.S. | | :--- | :--- | :--- | | **Aluminum Extrusions** | Carthage, TN; Clearfield, UT; Elkhart, IN; Newnan, GA; Niles, MI | None | | **PE Films** | Pottsville, PA; Richmond, VA (technical center) | Guangzhou, China | | **Flexible Packaging Films** | Bloomfield, NY (technical center) | Cabo de Santo Agostinho, Brazil | [Legal Proceedings](index=13&type=section&id=Item%203.%20Legal%20Proceedings) Legal proceedings information is incorporated by reference from Note 18 "Contingencies" to the Consolidated Financial Statements - The required information for this item is set forth in Note 18 "**Contingencies**" to the Consolidated Financial Statements[61](index=61&type=chunk) [Mine Safety Disclosures](index=13&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) The company reports no mine safety disclosures - **None**[62](index=62&type=chunk) Part II [Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities](index=14&type=section&id=Item%205.%20Market%20for%20Registrant%27s%20Common%20Equity%2C%20Related%20Stockholder%20Matters%20and%20Issuer%20Purchases%20of%20Equity%20Securities) Tredegar's common stock trades on NYSE, with a \$**200 million** special dividend in 2020 and an unused share repurchase program - On December 1, 2020, the Board declared a **special dividend** of \\$**200 million**, or \\$**5.97** per share, which was paid in December 2020[66](index=66&type=chunk) - The company has a share repurchase program authorizing the purchase of up to **5 million** shares, with **1,732,003 shares** remaining available for repurchase as of December 31, 2020. No shares were repurchased in 2020[68](index=68&type=chunk) [Selected Financial Data](index=15&type=section&id=Item%206.%20Selected%20Financial%20Data) This section provides a five-year financial and segment data summary from 2016 to 2020, including historical results for discontinued operations Five-Year Financial Summary (2016-2020) | Year Ended Dec 31 | 2020 | 2019 | 2018 | 2017 | 2016 | | :--- | :--- | :--- | :--- | :--- | :--- | | **Sales (in thousands)** | \\$755,290 | \\$826,324 | \\$851,834 | \\$725,867 | \\$595,665 | | **Net Income (Loss) (in thousands)** | \\$(75,444) | \\$48,259 | \\$24,842 | \\$38,251 | \\$24,466 | | **Diluted EPS** | \\$(2.26) | \\$1.45 | \\$0.75 | \\$1.16 | \\$0.75 | | **Total Assets (in thousands)** | \\$514,870 | \\$712,668 | \\$707,373 | \\$755,743 | \\$651,162 | | **Total Debt (in thousands)** | \\$134,000 | \\$42,000 | \\$101,500 | \\$152,000 | \\$95,000 | Segment Net Sales (2016-2020, in thousands) | Segment | 2020 | 2019 | 2018 | 2017 | 2016 | | :--- | :--- | :--- | :--- | :--- | :--- | | **Aluminum Extrusions** | \\$455,711 | \\$529,602 | \\$573,126 | \\$466,833 | \\$360,098 | | **PE Films** | \\$139,288 | \\$133,807 | \\$127,708 | \\$128,406 | \\$109,674 | | **Flexible Packaging Films** | \\$134,605 | \\$133,935 | \\$123,830 | \\$108,355 | \\$108,028 | Segment EBITDA from Ongoing Operations (2018-2020, in thousands) | Segment | 2020 | 2019 | 2018 | | :--- | :--- | :--- | :--- | | **Aluminum Extrusions** | \\$55,137 | \\$65,683 | \\$65,479 | | **PE Films** | \\$45,107 | \\$41,133 | \\$32,404 | | **Flexible Packaging Films** | \\$30,645 | \\$14,737 | \\$11,154 | [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=21&type=section&id=Item%207.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) In 2020, sales decreased, leading to a net loss from continuing operations due to kaléo losses and goodwill impairment, while a special dividend increased net debt Financial Highlights (2019 vs. 2020) | Metric | 2020 | 2019 | | :--- | :--- | :--- | | Sales | \\$**755.3 million** | \\$**826.3 million** | | Net Income (Loss) from Continuing Operations | \\$**(16.8 million)** | \\$**58.5 million** | | Diluted EPS from Continuing Operations | \\$**(0.51)** | \\$**1.76** | - The 2020 results were significantly impacted by a \\$**47.6 million** after-tax loss on the investment in kaléo and a \\$**10.5 million** after-tax **goodwill impairment** for the **Aluminum Extrusions' AACOA reporting unit**[89](index=89&type=chunk) - The **COVID-19 pandemic** led to higher absenteeism and hiring difficulties at Bonnell Aluminum, while demand for flexible food packaging films produced by Terphane remained strong[95](index=95&type=chunk)[97](index=97&type=chunk) - The company paid a **special dividend** of \\$**200 million** in December 2020, **increasing total debt to** \\$**134 million** and **net debt to** \\$**122.2 million** at year-end[99](index=99&type=chunk) [Operations Review](index=23&type=section&id=Operations%20Review) In 2020, Aluminum Extrusions' **EBITDA** declined due to lower volumes, while PE Films' **EBITDA** grew despite expected future customer transition impacts, and Flexible Packaging Films' **EBITDA** significantly increased Aluminum Extrusions Performance (2020 vs. 2019) | Metric | 2020 | 2019 | % Change | | :--- | :--- | :--- | :--- | | Sales Volume (lbs in thousands) | **186,391 lbs** | **208,249 lbs** | **(10.5%)** | | Net Sales (in thousands) | \\$455,711 | \\$529,602 | **(14.0%)** | | EBITDA from Ongoing Operations (in thousands) | \\$55,137 | \\$65,683 | **(16.1%)** | PE Films Performance (2020 vs. 2019) | Metric | 2020 | 2019 | % Change | | :--- | :--- | :--- | :--- | | Sales Volume (lbs in thousands) | **45,175 lbs** | **43,983 lbs** | **2.7%** | | Net Sales (in thousands) | \\$139,288 | \\$133,807 | **4.1%** | | EBITDA from Ongoing Operations (in thousands) | \\$45,107 | \\$41,133 | **9.7%** | - A customer **product transition** in the **Surface Protection business** is projected to **decrease PE Films' EBITDA from ongoing operations by** \\$**18 million** in 2021 versus 2020 and an additional \\$**4 million** in 2022 versus 2021[109](index=109&type=chunk) Flexible Packaging Films Performance (2020 vs. 2019) | Metric | 2020 | 2019 | % Change | | :--- | :--- | :--- | :--- | | Sales Volume (lbs in thousands) | **113,115 lbs** | **105,276 lbs** | **7.4%** | | Net Sales (in thousands) | \\$134,605 | \\$133,935 | **0.5%** | | EBITDA from Ongoing Operations (in thousands) | \\$30,645 | \\$14,737 | **107.9%** | [Critical Accounting Policies](index=25&type=section&id=Critical%20Accounting%20Policies) Critical accounting policies involve significant estimates for goodwill impairment, kaléo investment valuation, pension obligations, and income taxes, with notable impairments and fair value decreases in 2020 - In the first quarter of 2020, the company recognized a **goodwill impairment charge** of \\$**13.7 million** (\\$**10.5 million** after-tax), representing the entire goodwill amount for the **Aluminum Extrusions' AACOA reporting unit**[121](index=121&type=chunk) - The investment in privately held kaléo is accounted for under the **fair value method** (**Level 3 inputs**). Its estimated **fair value** dropped from \\$**95.5 million** at Dec 31, 2019, to \\$**34.6 million** at Dec 31, 2020[122](index=122&type=chunk)[124](index=124&type=chunk) - **Pension benefit calculations** rely on key assumptions such as **discount rates** and **expected return on plan assets**. The weighted average **discount rate decreased from** **3.27%** in 2019 to **2.57%** in 2020, while the expected long-term return on assets was **5.00%** for 2020[126](index=126&type=chunk)[127](index=127&type=chunk) [Liquidity and Capital Resources](index=33&type=section&id=Liquidity%20and%20Capital%20Resources) Net cash from operations decreased in 2020, while total debt increased to fund a special dividend, but the company maintained compliance with amended credit agreement covenants and sufficient borrowing capacity - **Net cash provided by operating activities** was \\$**74.4 million** in 2020, a **decrease from** \\$**115.9 million** in 2019, primarily due to lower net working capital efficiencies and a dividend received from kaléo in 2019[160](index=160&type=chunk) - The company amended its **revolving credit agreement** on December 1, 2020, **reducing the facility from** \\$**500 million to** \\$**375 million** and permitting a one-time **special dividend** of up to \\$**200 million**[163](index=163&type=chunk)[164](index=164&type=chunk) Net Capitalization and Indebtedness (as of Dec 31, 2020) | Metric | Amount (in thousands) | | :--- | :--- | | Cash and cash equivalents | \\$11,846 | | Debt | \\$134,000 | | **Debt, net of cash** | **\\$122,154** | | Shareholders' equity | \\$109,055 | | **Net capitalization** | **\\$231,209** | - As of December 31, 2020, the company was in **compliance with all debt covenants**, with a **leverage ratio** of **1.43x** (well below the maximum of **4.00x**)[168](index=168&type=chunk)[169](index=169&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=37&type=section&id=Item%207A.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) Tredegar faces market risks from interest rates, raw material prices, energy costs, and foreign currency fluctuations, which it manages using derivative financial instruments - The company is exposed to **price volatility** for key raw materials: aluminum for **Aluminum Extrusions**, polyethylene resin for **PE Films**, and polyester resin (PTA/MEG) for **Flexible Packaging Films**[177](index=177&type=chunk) - **Aluminum Extrusions** uses forward purchase commitments and futures contracts to hedge its exposure to aluminum **price volatility** under **fixed-price forward sales contracts**, which generally have a duration of not more than 12 months[178](index=178&type=chunk) - The **Flexible Packaging Films business** in Brazil has significant **foreign exchange translation risk**, as sales and raw material costs are priced in U.S. Dollars while most operating costs are in Brazilian Real. The company uses **foreign exchange forward rate contracts** to hedge this exposure on a short-term basis[192](index=192&type=chunk)[193](index=193&type=chunk) [Financial Statements and Supplementary Data](index=42&type=section&id=Item%208.%20Financial%20Statements%20and%20Supplementary%20Data) This item incorporates the company's audited consolidated financial statements and supplementary data by reference to Item 15 - The information required by this item, including the **consolidated financial statements** and **supplementary data**, is set forth in Item 15[196](index=196&type=chunk) [Changes In and Disagreements With Accountants on Accounting and Financial Disclosure](index=42&type=section&id=Item%209.%20Changes%20In%20and%20Disagreements%20With%20Accountants%20on%20Accounting%20and%20Financial%20Disclosure) The company reports no changes or disagreements with its accountants on accounting and financial disclosure - **None**[197](index=197&type=chunk) [Controls and Procedures](index=42&type=section&id=Item%209A.%20Controls%20and%20Procedures) Management concluded disclosure controls were ineffective as of December 31, 2020, due to **material weaknesses** across all five **COSO framework** components, with an **ongoing remediation plan** - The CEO and CFO concluded that due to **material weaknesses** in **internal control over financial reporting**, the company's **disclosure controls and procedures were not effective** as of December 31, 2020[201](index=201&type=chunk) - Management's evaluation identified **material weaknesses** across all five components of the **COSO framework**: **Control Environment**, **Risk Assessment**, **Information and Communication**, **Monitoring Activities**, and **Control Activities**[213](index=213&type=chunk) - The company's **independent registered public accounting firm**, KPMG LLP, expressed an **adverse opinion** on the operating effectiveness of the company's **internal control over financial reporting**[209](index=209&type=chunk) - A **remediation plan is ongoing** to address the identified **material weaknesses**, with implementation having begun in the second quarter of 2019[211](index=211&type=chunk)[217](index=217&type=chunk) [Other Information](index=44&type=section&id=Item%209B.%20Other%20Information) The company reports no other information for this item - **None**[218](index=218&type=chunk) Part III [Directors, Executive Officers and Corporate Governance](index=45&type=section&id=Item%2010.%20Directors%2C%20Executive%20Officers%20and%20Corporate%20Governance) This section details **executive officers'** backgrounds and incorporates director and **corporate governance** information by reference from the **Proxy Statement** Executive Officers | Name | Age | Title | | :--- | :--- | :--- | | John M. Steitz | 62 | President and Chief Executive Officer | | D. Andrew Edwards | 62 | Executive Vice President and Chief Financial Officer | | Kevin C. Donnelly | 46 | Vice President, General Counsel and Corporate Secretary | [Executive Compensation](index=45&type=section&id=Item%2011.%20Executive%20Compensation) Information on director and **executive compensation** is incorporated by reference from the **Proxy Statement** - Information related to **executive compensation** is incorporated by reference from the **Proxy Statement**[226](index=226&type=chunk) [Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](index=46&type=section&id=Item%2012.%20Security%20Ownership%20of%20Certain%20Beneficial%20Owners%20and%20Management%20and%20Related%20Stockholder%20Matters) Information on **security ownership** and **equity compensation plans** is incorporated by reference from the **Proxy Statement** - Information related to **security ownership** and **equity compensation plans** is incorporated by reference from the **Proxy Statement**[227](index=227&type=chunk) [Certain Relationships and Related Transactions, and Director Independence](index=46&type=section&id=Item%2013.%20Certain%20Relationships%20and%20Related%20Transactions%2C%20and%20Director%20Independence) Information on **related party transactions** and **director independence** is incorporated by reference from the **Proxy Statement** - Information related to **certain relationships**, **related transactions**, and **director independence** is incorporated by reference from the **Proxy Statement**[228](index=228&type=chunk) [Principal Accounting Fees and Services](index=46&type=section&id=Item%2014.%20Principal%20Accounting%20Fees%20and%20Services) Information on **principal accounting fees and services**, and **Audit Committee's pre-approval policies** is incorporated by reference from the **Proxy Statement** - Information related to **principal accounting fees and services** is incorporated by reference from the **Proxy Statement**[229](index=229&type=chunk) Part IV [Exhibits and Financial Statement Schedules](index=47&type=section&id=Item%2015.%20Exhibits%20and%20Financial%20Statement%20Schedules) This section includes the **consolidated financial statements** and KPMG's reports, noting an **unqualified opinion** on financials but an **adverse opinion** on **internal controls** due to **material weaknesses** - The **independent auditor**, KPMG LLP, issued an **unqualified opinion** on the **consolidated financial statements**[235](index=235&type=chunk) - KPMG LLP issued an **adverse opinion** on the effectiveness of the Company's **internal control over financial reporting** as of December 31, 2020, due to identified **material weaknesses**[236](index=236&type=chunk)[247](index=247&type=chunk) [Notes to Financial Statements](index=59&type=section&id=Notes%20to%20Financial%20Statements) The notes provide detailed financial statement support, covering 2020 **divestitures**, kaléo investment **fair value** changes, segment performance, **debt amendments**, **pension status**, and **accounting policies** - On October 30, 2020, the company sold its **Personal Care Films business**, resulting in a **pre-tax loss** of \\$**50.0 million**. The historical results are now presented as **discontinued operations**[266](index=266&type=chunk)[314](index=314&type=chunk) - The **fair value** of the investment in kaléo **decreased from** \\$**95.5 million** at year-end 2019 to \\$**34.6 million** at year-end 2020, resulting in a **pre-tax loss** of \\$**60.9 million** for 2020[326](index=326&type=chunk) - The company's **defined benefit pension plan** was **underfunded by** \\$**103.1 million** at the end of 2020, compared to \\$**100.4 million** at the end of 2019[378](index=378&type=chunk) - In December 2020, the company amended its **credit agreement**, **reducing the facility size to** \\$**375 million** and permitting the \\$**200 million special dividend**. **Total debt outstanding** was \\$**134 million** at year-end[359](index=359&type=chunk)[362](index=362&type=chunk) [Form 10-K Summary](index=91&type=section&id=Item%2016.%20Form%2010-K%20Summary) This item is **Not Applicable** - **Not Applicable**[411](index=411&type=chunk)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-10258 Tredegar Corporation (Exact Name of Registrant as Specified in Its Charter) Virginia 54-1497771 (State or Other Jurisdic ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-10258 Tredegar Corporation (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Tredegar Corporation (Exact Name of Registrant as Specified in Its Charter) Virginia 54-1497771 (State or Other Jurisdiction of Incorporation or Organization) (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-10258 TREDEGAR CORPORATION (Exact name of registrant as specified in its charter) Virginia 54-1497771 (State or other jurisdiction of incorporatio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-10258 Tredegar Corporation (Exact Name of Registrant as Specified in Its Charter) Virginia 54-1497771 (State or Other Jurisdic ...

August 8, 2019 2019 Second Quarter Financial Results Forward-Looking Statements Certain statements contained in this presentation are forward-looking statements. Pursuant to federal securities regulations, we have set forth cautionary statements relating to those forward-looking statements in our Annual Report on Form 10-K for the year ended December 31, 2018, in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2019, and in other filings with the Securities and Exchange Commission. We urge r ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-10258 Tredegar Corporation (Exact Name of Registrant as Specified in Its Charter) Virginia 54-1497771 (State or Other Jurisdiction ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-10258 Tredegar Corporation (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-10258 TREDEGAR CORPORATION (Exact name of registrant as specified in its charter) Virginia 54-1497771 (State or other jurisdiction of incorporatio ...