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

Signature
/s/ Allen E. Lyda
Stock symbol
TRC
Transactions as of
Mar 13, 2024
Transactions value $
$49,095
Form type
4
Date filed
3/13/2024, 06:06 PM
Previous filing
Dec 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRC Tejon Ranch Co. Common Stock Award $108K +6.47K +3.25% $16.62 206K Mar 13, 2024 Direct
transaction TRC Tejon Ranch Co. Common Stock Tax liability -$58.5K -3.52K -1.71% $16.62 202K Mar 13, 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).