Robert D. Velasquez - 13 Mar 2024 Form 4 Insider Report for TEJON RANCH CO (TRC)

Signature
/s/ Robert D. Velasquez
Issuer symbol
TRC
Transactions as of
13 Mar 2024
Net transactions value
+$25,462
Form type
4
Filing time
13 Mar 2024, 18:13:20 UTC
Previous filing
10 Mar 2023
Next filing
14 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRC Tejon Ranch Co. Common Stock Award $81,455 +4,901 +13% $16.62 42,668 13 Mar 2024 Direct
transaction TRC Tejon Ranch Co. Common Stock Tax liability $55,993 -3,369 -7.9% $16.62 39,299 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).