Geoffrey L. Stack - May 30, 2024 Form 4 Insider Report for TEJON RANCH CO (TRC)

Role
Director
Signature
/s/Geoffrey L. Stack
Stock symbol
TRC
Transactions as of
May 30, 2024
Transactions value $
$27,599
Form type
4
Date filed
5/31/2024, 03:10 PM
Previous filing
Jan 16, 2024
Next filing
Jul 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRC Tejon Ranch Co. Common Stock Award $27.6K +1.79K +1.93% $15.41 94.6K May 30, 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 64,299 shares in the Non-Qualifed Deferred Compensation Plan Trust
F2 Direct ownership of 30,338 TRC Shares