STOCK TITAN

Andrew Dakos (NYSE: TRC) reports 918-share Tejon Ranch stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Dakos Andrew reported acquisition or exercise transactions in this Form 4 filing.

Tejon Ranch Co. director Andrew Dakos reported a grant of 918 shares of Tejon Ranch Co. common stock on July 14, 2026, at $18.70 per share. After the award, he holds 36,367 shares directly. He also disclaims beneficial ownership of 25,000 additional shares held through a limited partnership, except for any pecuniary interest.

Positive

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Insider Dakos Andrew
Role Director
Type Security Shares Price Value
Grant/Award Tejon Ranch Co. Common Stock 918 $18.70 $17K
Holdings After Transaction: Tejon Ranch Co. Common Stock — 36,367 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares granted 918 shares Non-derivative stock grant to director Andrew Dakos on July 14, 2026
Grant price $18.70 per share Price assigned to the 918-share Tejon Ranch Co. common stock award
Direct holdings after grant 36,367 shares Andrew Dakos’s direct Tejon Ranch Co. common stock ownership following the transaction
Disclaimed beneficial ownership 25,000 shares Shares held through a limited partnership for which Dakos disclaims beneficial ownership except pecuniary interest
beneficial ownership regulatory
"Mr. Dakos disclaims beneficial ownership of 25,000 Common TRC shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of any pecuniary interest - Beneficial Ownership"
Limited Partnership financial
"Beneficial Ownership through a Limited Partnership"
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
Grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"

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FAQ

What transaction did Andrew Dakos report for Tejon Ranch Co. (TRC)?

Andrew Dakos reported a grant of 918 shares of Tejon Ranch Co. common stock on July 14, 2026, at $18.70 per share. This is coded as a grant, award, or other acquisition, not an open-market purchase.

How many Tejon Ranch Co. (TRC) shares does Andrew Dakos hold after this grant?

Following the transaction, Andrew Dakos holds 36,367 Tejon Ranch Co. shares directly. This figure reflects his direct ownership position after receiving the 918-share stock award reported in the transaction.

Was Andrew Dakos’s TRC transaction a purchase or a grant?

The transaction was a grant, award, or other acquisition of 918 Tejon Ranch Co. shares, coded as transaction type “A.” It represents a non-derivative stock award rather than an open-market purchase or sale of shares.

What does the 25,000-share footnote mean for TRC and Andrew Dakos?

A footnote states Dakos disclaims beneficial ownership of 25,000 TRC shares, which are held through a limited partnership, except to the extent of any pecuniary interest. This indicates those shares are attributed to the partnership, not as his direct holdings.

What is Andrew Dakos’s role at Tejon Ranch Co. (TRC)?

Andrew Dakos is reported as a director of Tejon Ranch Co. He is not listed as an officer or 10% owner in this disclosure, which focuses on his director-level equity award and related ownership details.
SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Dakos Andrew

(Last)(First)(Middle)
250 PEHLE AVE, SUITE 708

(Street)
SADDLE BROOK NEW JERSEY 07663

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Tejon Ranch Co. Common Stock07/14/2026A918A$18.736,367(1)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Mr. Dakos disclaims beneficial ownership of 25,000 Common TRC shares, except to the extent of any pecuniary interest - Beneficial Ownership through a Limited Partnership.
/s/ Andrew Dakos07/14/2026
** Signature of Reporting PersonDate
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)