Michael R.W. Houston - Mar 13, 2024 Form 4 Insider Report for TEJON RANCH CO (TRC)

Signature
/s/ Michael R.W. Houston
Stock symbol
TRC
Transactions as of
Mar 13, 2024
Transactions value $
$12,399
Form type
4
Date filed
3/13/2024, 06:11 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRC Tejon Ranch Co. Common Stock Award $18.3K +1.1K $16.62 1.1K Mar 13, 2024 Direct
transaction TRC Tejon Ranch Co. Common Stock Tax liability -$5.88K -354 -32.18% $16.62 746 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).