Brett A. Brown - 13 Mar 2024 Form 4 Insider Report for TEJON RANCH CO (TRC)

Role: Executive Vice President / CFO
Signature: /s/Brett A. Brown
Issuer symbol: TRC
Transactions as of: 13 Mar 2024
Net transactions value: +$36,215
Form type: 4
Filing time: 13 Mar 2024, 18:12:47 UTC
Previous filing: 10 May 2023
Next filing: 14 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TRC	Tejon Ranch Co. Common Stock	Award	$36,215	+2,179		$16.62	2,179	13 Mar 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).