Tejon Ranch director granted 1,312 TRC shares

Betts Steven A. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Betts Steven A. reported acquisition or exercise transactions in this Form 4 filing.

TEJON RANCH CO director Steven A. Betts received a stock grant of 1,312 shares of Tejon Ranch Co. Common Stock valued at $18.84 per share. This was a compensation-related award, not an open-market purchase, and increased his directly held shares to 50,698.

Footnotes state he directly owns 49,393 TRC shares and indirectly holds 1,305 shares through a Non-Qualified Deferred Compensation Plan trust, showing both personal and deferred-compensation exposure to the company’s stock.

Insider Trade Summary 10b5-1

Grant/Award: 1,312 shares

Grant/Award 1 txn

Insider Betts Steven A.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Tejon Ranch Co. Common Stock	1,312	$18.84	$25K

Holdings After Transaction: Tejon Ranch Co. Common Stock — 50,698 shares (Direct)

Footnotes (2)

1. F1. Direct Ownership of 49,393 TRC Shares
2. F2. Indirect ownership of 1,305 shares in the Non-Qualified Deferred Compensation Plan Truct

Key Figures

Stock grant size: 1,312 shares Grant value per share: $18.84 per share Direct holdings after transaction: 50,698 shares +2 more

5 metrics

Stock grant size 1,312 shares Compensation-related award of Tejon Ranch Co. Common Stock

Grant value per share $18.84 per share Reported value for the 1,312-share award

Direct holdings after transaction 50,698 shares Total Tejon Ranch Co. Common Stock held directly after award

Direct ownership detail 49,393 shares Direct TRC shares referenced in footnote

Indirect holdings 1,305 shares Held in Non-Qualified Deferred Compensation Plan trust

Key Terms

Grant, award, or other acquisition, Non-Qualified Deferred Compensation Plan, Tejon Ranch Co. Common Stock

3 terms

Grant, award, or other acquisition financial

"transaction code description is "Grant, award, or other acquisition""

Non-Qualified Deferred Compensation Plan financial

"Indirect ownership of 1,305 shares in the Non-Qualified Deferred Compensation Plan Truct"

An arrangement where an employer agrees to pay part of an employee’s salary or bonus at a later date, often to attract or keep key staff. Think of it as a company IOU or a delayed paycheck held on the company’s books rather than in a protected retirement account; investors care because these promises create future cash obligations that are typically unsecured and depend on the company’s financial health, affecting risk, liabilities, and cash-flow planning.

Tejon Ranch Co. Common Stock financial

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did TRC director Steven A. Betts report on this Form 4?

Steven A. Betts reported receiving a grant of 1,312 shares of Tejon Ranch Co. Common Stock as a stock award. The shares were valued at $18.84 each and represent compensation, not an open-market stock purchase.

Was the TRC Form 4 transaction a stock purchase or an equity award?

The TRC Form 4 shows an equity award, not a market purchase. The transaction code is “A” for a grant, award, or other acquisition, indicating the 1,312 shares were granted as compensation instead of being bought on the open market.

How many TRC shares does Steven A. Betts hold after this reported award?

After the award, Steven A. Betts directly holds 50,698 shares of Tejon Ranch Co. Common Stock. A footnote further explains he directly owns 49,393 shares and indirectly holds 1,305 shares through a Non-Qualified Deferred Compensation Plan trust.

What price per share is associated with the TRC stock grant to Steven A. Betts?

The 1,312-share stock grant to Steven A. Betts is reported at $18.84 per share. This price is used in the Form 4 to indicate the value of the compensation-related award, not a price paid in an open-market transaction.

Does the TRC Form 4 disclose any indirect holdings by Steven A. Betts?

Yes. A footnote states that Steven A. Betts has indirect ownership of 1,305 TRC shares held in a Non-Qualified Deferred Compensation Plan trust. This is in addition to his directly owned shares of Tejon Ranch Co. Common Stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/07/2026 - 07:38 PM EDT Learn about SEC filing dates

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^*

Betts Steven A.

(Last) (First) (Middle)

211 E. CATALINA DRIVE

(Street)

PHOENIX ARIZONA 85012

(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		1,312	A	$18.84	50,698(1)(2)	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:

1. Direct Ownership of 49,393 TRC Shares

2. Indirect ownership of 1,305 shares in the Non-Qualified Deferred Compensation Plan Truct

	/s/Steven A. Betts	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)