Tejon Ranch (TRC) director Eric Speron awarded 1,577 common shares

Rhea-AI Filing Summary

Tejon Ranch Co. director Eric H. Speron received a stock grant of 1,577 shares of Tejon Ranch Co. Common Stock, valued at $18.84 per share. This compensation-related award increased his direct holdings to 6,223 shares, and was reported as a grant or other acquisition rather than an open-market purchase.

Insider Trade Summary 10b5-1

1 transaction reported

Mixed 1 txn

Insider SPERON ERIC H.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Tejon Ranch Co. Common Stock	1,577	$18.84	$30K

Holdings After Transaction: Tejon Ranch Co. Common Stock — 6,223 shares (Direct)

Footnotes (1)

Key Figures

Shares granted: 1,577 shares Grant price per share: $18.84 per share Shares held after transaction: 6,223 shares

3 metrics

Shares granted 1,577 shares Grant of Tejon Ranch Co. Common Stock to director Eric H. Speron

Grant price per share $18.84 per share Recorded transaction price for the 1,577-share stock grant

Shares held after transaction 6,223 shares Total direct holdings of Eric H. Speron following the grant

Key Terms

Form 4, grant or award acquisition, Tejon Ranch Co. Common Stock

3 terms

Form 4 regulatory

"according to a new Form 4"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

grant or award acquisition financial

"reported as a grant or other acquisition rather than an open-market purchase"

Tejon Ranch Co. Common Stock financial

"received a stock grant of 1,577 shares of Tejon Ranch Co. Common Stock"

Form 4 Insider Transactions: What Each Field Means →

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).

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^*

SPERON ERIC H.

(Last) (First) (Middle)

230 W. AVENIDA SAN ANTONIO

(Street)

SAN CLEMENTE CALIFORNIA 92672

(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)
			Code	V	Amount	(A) or (D)	Price
Tejon Ranch Co. Common Stock	04/07/2026		A		1,577	A	$18.84	6,223	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/ Eric H. Speron	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)

FAQ

What insider transaction did Tejon Ranch Co. (TRC) report for Eric H. Speron?

Tejon Ranch Co. reported that director Eric H. Speron received a grant of 1,577 shares of Tejon Ranch Co. Common Stock. The transaction is classified as a grant or award acquisition, rather than an open-market purchase or sale, and is treated as compensation-related.

At what price was the Tejon Ranch Co. (TRC) stock grant to Eric H. Speron recorded?

The 1,577-share grant of Tejon Ranch Co. Common Stock to Eric H. Speron was recorded at $18.84 per share. This figure reflects the transaction price per share used in the Form 4 disclosure for this compensation-related stock award.

How many Tejon Ranch Co. (TRC) shares does Eric H. Speron hold after this Form 4 transaction?

Following the reported grant, Eric H. Speron directly holds 6,223 shares of Tejon Ranch Co. Common Stock. This total share figure comes from the Form 4’s "total shares following transaction" field, which reflects his direct ownership after the award.

Was the Tejon Ranch Co. (TRC) Form 4 transaction a buy or a grant for Eric H. Speron?

The transaction for Eric H. Speron is classified as a grant or award acquisition, not an open-market buy. The Form 4 uses transaction code "A" and describes it as a grant, award, or other acquisition of Tejon Ranch Co. Common Stock.

Does the Tejon Ranch Co. (TRC) Form 4 show any stock sales by Eric H. Speron?

The Form 4 does not show any stock sales by Eric H. Speron. It reports one acquisition transaction coded as a grant or award of 1,577 shares, increasing his direct holdings to 6,223 shares of Tejon Ranch Co. Common Stock with no disposals listed.