Michael H. Winer - Jan 15, 2024 Form 4 Insider Report for TEJON RANCH CO (TRC)

Role
Director
Signature
/s/Michael H. Winer
Stock symbol
TRC
Transactions as of
Jan 15, 2024
Transactions value $
$15,549
Form type
4
Date filed
1/16/2024, 04:32 PM
Previous filing
Oct 12, 2023
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRC Tejon Ranch Co. Common Stock Award $15.5K +904 +3.75% $17.20 25K Jan 15, 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).