Tejon Ranch Co (NYSE: TRC) insider gets 1,787-share award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tejon Ranch Co reporting persons Daniel R. Tisch and Towerview LLC disclosed a grant/award acquisition of 1,787 shares of common stock at $18.70 per share. Following this non-derivative award, directly held common stock reported after the transaction totals 89,761 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TISCH DANIEL R, TOWERVIEW LLC
Role
Director, 10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,787 | $18.70 | $33K |
Holdings After Transaction:
Common Stock — 89,761 shares (Direct)
Footnotes (1)
Key Figures
Shares acquired: 1,787 shares
Reported price per share: $18.70
Shares held after transaction: 89,761 shares
3 metrics
Shares acquired
1,787 shares
Grant/award acquisition of Tejon Ranch Co common stock
Reported price per share
$18.70
Value per share for the reported stock award
Shares held after transaction
89,761 shares
Direct common stock holdings following the award
Key Terms
grant/award acquisition, non-derivative, ten percent owner
3 terms
grant/award acquisition financial
"Reported as a grant/award acquisition of 1,787 shares of common stock"
non-derivative financial
"The transaction is classified as a non-derivative award of common stock"
ten percent owner financial
"Each reporting person is identified as a ten percent owner of the issuer"
FAQ
What insider transaction involving TRC did Daniel R. Tisch and Towerview LLC report?
Daniel R. Tisch and Towerview LLC reported a grant/award acquisition of 1,787 shares of Tejon Ranch Co common stock at $18.70 per share, resulting in 89,761 shares of directly held common stock after the transaction.
At what price was the TRC stock award valued in the reported transaction?
The stock award was valued at $18.70 per share for the 1,787 shares of Tejon Ranch Co common stock. This value is used to describe the grant/award acquisition reported by the insiders in the non-derivative transaction.
What roles do the reporting persons in the TRC insider transaction hold?
Daniel R. Tisch is listed as a director and ten percent owner of Tejon Ranch Co, while Towerview LLC is identified as a ten percent owner. Both are reporting persons for the disclosed grant/award acquisition of common stock.
Was the TRC insider transaction a market purchase or a stock award grant?
The transaction was reported with code A as a grant/award acquisition of common stock, not an open-market purchase or sale. It represents a non-derivative stock award of 1,787 shares at a reported value of $18.70 per share.