Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
GOTTWALD JOHN D
 2. Issuer Name and Ticker or Trading Symbol
TREDEGAR CORP [TG] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)

WESTHAM PARTNERS, 9030 STONY POINT PARKWAY		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2011
(Street)


RICHMOND, VA 23235		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Tredegar Common Stock 11/14/2011   G 14,840 A $ 0 1,518,928 D  
Tredegar Common Stock 12/12/2011   G 1,416 D $ 0 1,517,512 D  
Tredegar Common Stock             12,953 I Footnote (1)
Tredegar Common Stock 07/25/2011   G 450 A $ 0 450 I Footnote (2)
Tredegar Common Stock 11/14/2011   G 592 A $ 0 1,092 I Footnote (3)
Tredegar Common Stock             0 I Footnote (4)
Tredegar Common Stock             8,571 I Footnote (5)
Tredegar Common Stock             4,935 I Footnote (6)
Tredegar Common Stock             26,536 I Footnote (7)
Tredegar Common Stock             2,100 I Footnote (8)
Tredegar Common Stock             4,710 I Footnote (9)
Tredegar Common Stock             0 I Footnote (10)
Tredegar Common Stock             6,433 I Footnote (11)
Tredegar Common Stock             2,682 I Footnote (12)
Tredegar Common Stock             2,682 I Footnote (13)
Tredegar Common Stock 07/25/2011   G 450 D $ 0 0 I Footnote (2)
Tredegar Common Stock             30,749 I Footnote (14)
Tredegar Common Stock             90,000 I Footnote (15)
Tredegar Common Stock 11/14/2011   G 592 A $ 0 28,684 I Footnote (16)
Tredegar Common Stock             845,538 I Footnote (17)
Tredegar Common Stock             142,365 I Footnote (18)
Tredegar Common Stock             9,043 I Footnote (19)
Tredegar Common Stock             500,000 I Footnote (20)
Tredegar Common Stock 11/17/2011   A 113,580 A $ 0 113,580 I Footnote (21)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
GOTTWALD JOHN D
WESTHAM PARTNERS
9030 STONY POINT PARKWAY
RICHMOND, VA 23235		   X      

Signatures

Patricia A. Thomas, Attorney-In-Fact 02/14/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Owned by wife. (Reporting person disclaims beneficial ownership.)
(2) Represents transfer of shares to son under Uniform Gifts to Minors Act. (Reporting person disclaims beneficial ownership.)
(3) Owned by adult son living in household, Charles Houston Gottwald. (Reporting person disclaims beneficial ownership.)
(4) Previously reported as shares held by adult son living in household, James Christian Gottwald. As son no longer lives in household,the reporting person no longer has a reportable beneficial interest in these shares.
(5) Held for James M. Gottwald U/A dated 12-1-81, W. M. Gottwald and J. D. Gottwald, trustees. (Reporting person disclaims beneficial ownership.)
(6) Held for Sarah Wren Gottwald U/A dated 3-1-83, W. M. Gottwald and J. D. Gottwald, trustees. (Reporting person disclaims beneficial ownership.)
(7) Held by W. M. Gottwald as trustee FBO James C. Gottwald U/A dated 12-21-87. (Reporting person disclaims beneficial ownership.)
(8) Held as co-trustee FBO Elizabeth Ingrid Gottwald U/A dated 3-28-85. (Reporting person disclaims beneficial ownership.)
(9) Held as co-trustee FBO William M. Gottwald, Jr. U/A dated 10-13-83. (Reporting person disclaims beneficial ownership.)
(10) Trust shares distributed to adult son. The reporting person no longer has a reportable beneficial interest in these shares.
(11) Held by W. M. Gottwald, trustee of James' Crummey Trust (James C. Gottwald) U/A dated 1-3-89. (Reporting person disclaims beneficial ownership.)
(12) Held as trustee of Michael's Crummey Trust (William M. Gottwald, Jr.) U/A dated 1-3-89. (Reporting person disclaims beneficial ownership.)
(13) Held as trustee of Beth's Crummey Trust (Elizabeth I. Gottwald) U/A dated 1-3-89. (Reporting person disclaims beneficial ownership.)
(14) Held by W. M. Gottwald as trustee FBO Charles H. Gottwald U/A dated 10-18-89. (Reporting person disclaims beneficial ownership.)
(15) Held by Thomas McN. Millhiser and James T. Gottwald, as trustees, of the John D. Gottwald Family Trust, FBO reporting person's children, U/A dated 4-10-92. (Reporting person disclaims beneficial ownership.)
(16) Held by W. M. Gottwald as trustee FBO Margaret A. Gottwald U/A dated 3-09-92. (Reporting person disclaims beneficial ownership.)
(17) Held as co-trustee FBO (among others) reporting person's family u/w Floyd D. Gottwald.
(18) Held as co-trustee of the William M. Gottwald Trust U/A dated 8-16-90. (Reporting person disclaims beneficial ownership.)
(19) Held by W. M. Gottwald, trustee of Chase's Crummey Trust (Charles H. Gottwald) U/A dated 9/5/89. (Reporting person disclaims beneficial ownership.)
(20) Held by W. M. Gottwald, trustee of The John D. Gottwald GRAT #! U/A dated Janaury 10, 2011.
(21) M. N. Gottwald C/F Margaret Addison Gottwald. (Reporting person disclaims beneficial ownership.)

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