Allen E. Lyda - 21 Jan 2025 Form 4 Insider Report for TEJON RANCH CO (TRC)

Signature
/s/Allen E. Lyda
Issuer symbol
TRC
Transactions as of
21 Jan 2025
Net transactions value
+$209,260
Form type
4
Filing time
22 Jan 2025, 11:10:50 UTC
Previous filing
13 Mar 2024
Next filing
05 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRC Tejon Ranch Co. Common Stock Award $422,717 +26,586 +13% $15.90 228,748 21 Jan 2025 Direct
transaction TRC Tejon Ranch Co. Common Stock Tax liability $213,458 -13,425 -5.9% $15.90 215,323 21 Jan 2025 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).