Rhea Frawn Morgan - May 30, 2024 Form 4 Insider Report for TEJON RANCH CO (TRC)

Role
Director
Signature
/s/ Rhea Frawn Morgan
Stock symbol
TRC
Transactions as of
May 30, 2024
Transactions value $
$13,854
Form type
4
Date filed
5/31/2024, 03:24 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 $13.9K +899 +10.81% $15.41 9.21K May 30, 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).