What price is associated with the Tejon Ranch (TRC) share grant to Denise Gammon?

The 913-share grant to Denise A. Gammon is recorded at a price of $18.84 per share. This figure represents the transaction price per share used in the Form 4 report for the non-derivative stock award acquisition.

Tejon Ranch (TRC) director receives 913-share stock award

Q: Was the Tejon Ranch (TRC) Form 4 transaction a purchase or a grant?

The Form 4 transaction was a grant or award acquisition , not an open-market purchase. It is coded as transaction type “A” with the description “Grant, award, or other acquisition,” indicating compensation-related stock rather than a discretionary buy in the market.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Tejon Ranch Co. director Denise A. Gammon received a grant of 913 shares of Tejon Ranch Co. Common Stock. The award was recorded at a price of $18.84 per share and is classified as a non-derivative grant or award acquisition. Following this transaction, she directly owns 5,559 common shares.

Insider Trade Summary 10b5-1

1 transaction reported

Mixed 1 txn

Insider Gammon Denise A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Tejon Ranch Co. Common Stock	913	$18.84	$17K

Holdings After Transaction: Tejon Ranch Co. Common Stock — 5,559 shares (Direct)

Footnotes (1)

Key Figures

Shares granted: 913 shares Grant price per share: $18.84 per share Total shares after grant: 5,559 shares +2 more

5 metrics

Shares granted 913 shares Non-derivative stock grant to director Denise A. Gammon

Grant price per share $18.84 per share Recorded transaction price for the 913-share award

Total shares after grant 5,559 shares Direct holdings of Tejon Ranch Co. Common Stock after transaction

Transaction code A Classified as grant, award, or other acquisition

Transaction date 2026-04-07 Date of reported non-derivative stock award

Key Terms

Tejon Ranch Co. Common Stock, grant/award acquisition, non-derivative, transaction code A

4 terms

Tejon Ranch Co. Common Stock financial

"security_title: "Tejon Ranch Co. Common Stock""

grant/award acquisition financial

"transaction_action: "grant/award acquisition""

non-derivative financial

"transaction_type: "non-derivative""

transaction code A regulatory

"transaction_code: "A" with description "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

04/07/2026 - 07:37 PM

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

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).

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^*

Gammon Denise A

(Last)

(First)

(Middle)

2957 BEELER STREET

(Street)

DENVER

COLORADO

80238

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Tejon Ranch Co. Common Stock	04/07/2026		A		913	A	$18.84	5,559	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

	/s/ Denise A. Gammon	04/07/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Tejon Ranch (TRC) director Denise Gammon report on this Form 4?

Denise A. Gammon reported receiving a grant of 913 shares of Tejon Ranch Co. Common Stock. The transaction is classified as a non-derivative grant or award acquisition, increasing her directly held stake to a total of 5,559 shares after the award.

Was the Tejon Ranch (TRC) Form 4 transaction a purchase or a grant?

The Form 4 transaction was a grant or award acquisition, not an open-market purchase. It is coded as transaction type “A” with the description “Grant, award, or other acquisition,” indicating compensation-related stock rather than a discretionary buy in the market.

How many Tejon Ranch (TRC) shares does Denise Gammon hold after this filing?

After the reported stock award, Denise A. Gammon directly holds 5,559 shares of Tejon Ranch Co. Common Stock. This total reflects her ownership immediately following the 913-share grant disclosed in the Form 4 insider transaction report.

Does the Tejon Ranch (TRC) Form 4 show any stock sales by Denise Gammon?

The Form 4 does not show any stock sales by Denise A. Gammon. It reports only a single non-derivative grant or award acquisition of 913 shares, which increases her directly owned Tejon Ranch Co. Common Stock holdings to 5,559 shares.