Allen E. Lyda - 13 Mar 2024 Form 4 Insider Report for TEJON RANCH CO (TRC)

Signature
/s/ Allen E. Lyda
Issuer symbol
TRC
Transactions as of
13 Mar 2024
Net transactions value
+$49,095
Form type
4
Filing time
13 Mar 2024, 18:06:45 UTC
Previous filing
20 Dec 2023
Next filing
22 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRC Tejon Ranch Co. Common Stock Award $107,565 +6,472 +3.2% $16.62 205,680 13 Mar 2024 Direct
transaction TRC Tejon Ranch Co. Common Stock Tax liability $58,469 -3,518 -1.7% $16.62 202,162 13 Mar 2024 Direct
* 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).