Geoffrey L. Stack - 15 Jan 2024 Form 4 Insider Report for TEJON RANCH CO (TRC)

Role
Director
Signature
/s/Geoffrey L. Stack
Issuer symbol
TRC
Transactions as of
15 Jan 2024
Net transactions value
+$23,048
Form type
4
Filing time
16 Jan 2024, 16:40:08 UTC
Previous filing
12 Oct 2023
Next filing
31 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRC Tejon Ranch Co. Common Stock Award $23,048 +1,340 +1.5% $17.20 92,846 15 Jan 2024 Tejon Ranch Co. Non-Qualified Deferred Compensation Plan Trust F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Indirect Owenreship of 62508 shares in the Non-Qualified Deferred Compensation Plan Trust
F2 Direct ownership of 30,338 TRC Shares