Norman Metcalfe - May 30, 2024 Form 4 Insider Report for TEJON RANCH CO (TRC)

Role
Director
Signature
/s/ Norman Metcalfe
Stock symbol
TRC
Transactions as of
May 30, 2024
Transactions value $
$20,110
Form type
4
Date filed
5/31/2024, 03:14 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 $20.1K +1.31K +1.65% $15.41 80.3K 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 61,704 shares in the Non-Qualified Deferred Compensation Plan Trust
F2 Direct ownership of 18,620 shares