Tejon Ranch (NYSE: TRC) EVP awarded 26,042 shares, 12,864 withheld for tax

Rhea-AI Filing Summary

Tejon Ranch Co. Executive VP of Real Estate Hugh F. McMahon IV received a grant of 26,042 shares of Tejon Ranch common stock at $18.90 per share. On the same date, 12,864 shares were withheld to cover tax obligations, leaving him with 88,324 shares held directly after these transactions.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

McMahon Hugh F. IV

(Last) (First) (Middle)

P.O. BOX 1000

(Street)

TEJON RANCH CALIFORNIA 93243

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TEJON RANCH CO [ TRC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive VP- Real Estate

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Tejon Ranch Co. Common Stock	03/24/2026		A		26,042	A	$18.9	101,188	D
Tejon Ranch Co. Common Stock	03/24/2026		F		12,864	D	$18.9	88,324	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/Hugh McMahon IV	03/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Tejon Ranch (TRC) disclose for Hugh F. McMahon IV?

Tejon Ranch reported that Executive VP of Real Estate Hugh F. McMahon IV received a grant of 26,042 shares of common stock at $18.90 per share. This award is classified as a non-derivative stock grant under transaction code A, reflecting compensation rather than an open-market purchase.

How many Tejon Ranch (TRC) shares were withheld for taxes in this Form 4?

The Form 4 shows that 12,864 shares of Tejon Ranch common stock were disposed of under transaction code F at $18.90 per share. This code indicates shares were withheld to satisfy tax obligations related to the stock award, not sold in an open-market transaction.

What are Hugh F. McMahon IV’s Tejon Ranch (TRC) holdings after the reported transactions?

After the grant and related tax withholding, Hugh F. McMahon IV directly holds 88,324 shares of Tejon Ranch common stock. This figure reflects his updated direct ownership position following the award of 26,042 shares and the withholding of 12,864 shares for taxes on the same date.

Was the Tejon Ranch (TRC) insider transaction a market buy or sell?

The filing does not show any open-market buy or sell. It reports a stock grant of 26,042 shares (code A) and a tax-withholding disposition of 12,864 shares (code F). These are compensation and tax events rather than discretionary market trades by Hugh F. McMahon IV.

What do the transaction codes A and F mean in Tejon Ranch’s (TRC) Form 4?

Code A in the Form 4 indicates a grant or award acquisition of 26,042 shares of common stock. Code F indicates 12,864 shares were disposed of to pay tax liabilities by delivering shares, rather than being sold on the open market, for the same $18.90 per-share value.