Norman Metcalfe - Jan 15, 2024 Form 4 Insider Report for TEJON RANCH CO (TRC)

Role
Director
Signature
/s/ Norman Metcalfe
Stock symbol
TRC
Transactions as of
Jan 15, 2024
Transactions value $
$18,043
Form type
4
Date filed
1/16/2024, 05:27 PM
Previous filing
Oct 12, 2023
Next filing
May 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRC Tejon Ranch Co. Common Stock Award $18K +1.05K +1.35% $17.20 79K Jan 15, 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 Ownership of 60,399 shares in the Non-Qualified Deferred Compensation Plan Trust
F2 Direct ownership of 18,620 shares