Geoffrey L. Stack - Jul 8, 2024 Form 4 Insider Report for TEJON RANCH CO (TRC)

Role
Director
Signature
/s/Geoffrey L. Stack
Stock symbol
TRC
Transactions as of
Jul 8, 2024
Transactions value $
$28,013
Form type
4
Date filed
7/9/2024, 12:11 PM
Previous filing
May 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRC Tejon Ranch Co. Common Stock Award $28K +1.64K +1.74% $17.06 96.3K Jul 8, 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 65,941 shares in the Non-Qualified Deferred Compensation Plan Trust
F2 Direct ownership of 30,338 TRC Shares