Tejon Ranch Co (NYSE: TRC) details executive stock grant and tax withholding

Rhea-AI Filing Summary

Tejon Ranch Co’s Sr. VP & General Counsel, Michael R.W. Houston, reported equity compensation activity in company stock. On July 28, 2026, he received a grant of 2,808 shares of common stock at $18.47 per share, and 1,119 shares were withheld for payment of exercise price or tax liability at the same price. The transactions are reported as made under a Rule 10b5-1 trading arrangement.

Insider Trade Summary 10b5-1

Net Buyer: 1,689 shares

Net Buy 2 txns

Insider Houston Michael R.W.

Role Sr. VP & General Counsel

Type	Security	Shares	Price	Value
Grant/Award	Tejon Ranch Co. Common Stock	2,808	$18.47	$52K
Exercise Price or Tax Liability	Tejon Ranch Co. Common Stock	1,119	$18.47	$21K

Holdings After Transaction: Tejon Ranch Co. Common Stock — 16,353 shares (Direct)

Key Figures

Shares granted: 2,808 shares Grant price: $18.47 per share Shares withheld: 1,119 shares

3 metrics

Shares granted 2,808 shares Equity award of Tejon Ranch Co. Common Stock on July 28, 2026

Grant price $18.47 per share Price for the 2,808-share stock grant on July 28, 2026

Shares withheld 1,119 shares Shares withheld for payment of exercise price or tax liability on July 28, 2026

Key Terms

Rule 10b5-1 trading arrangement, tax liability, Form 4

3 terms

Rule 10b5-1 trading arrangement regulatory

"The transactions are reported as made under a Rule 10b5-1 trading arrangement."

tax liability financial

"Shares were withheld for payment of exercise price or tax liability at the same price."

Form 4 regulatory

"The Form 4 shows a grant of 2,808 shares and a withholding of 1,119 shares."

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.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/28/2026 - 07:24 PM Accepted by SEC EDGAR 07/28/2026 - 07:23 PM Learn about SEC filing dates

FAQ

What insider transactions did Tejon Ranch Co (TRC) report for Michael R.W. Houston?

Tejon Ranch Co reported that Michael R.W. Houston received 2,808 shares of common stock on July 28, 2026. On the same date, 1,119 shares were withheld to satisfy payment of exercise price or tax liability, both at $18.47 per share.

What was the share price for the TRC stock transactions reported by Michael R.W. Houston?

Both the grant and the withholding transactions were recorded at $18.47 per share. This price applied to the 2,808 shares granted to Michael R.W. Houston and the 1,119 shares withheld for payment of exercise price or tax liability.

Were Michael R.W. Houston’s Tejon Ranch Co (TRC) transactions under a Rule 10b5-1 plan?

Yes. The filing indicates the reported transactions were made under a Rule 10b5-1 trading arrangement. This checkbox confirmation means the equity grant and related share withholding were carried out pursuant to a pre-established trading or transaction plan.

Did Michael R.W. Houston buy or sell Tejon Ranch Co (TRC) shares on the open market?

No open-market buy or sell is reported. The Form 4 shows a grant of 2,808 shares of Tejon Ranch Co common stock and a withholding of 1,119 shares for payment of exercise price or tax liability, both at $18.47 per share.

What does the share withholding in the TRC Form 4 for Michael R.W. Houston represent?

The disposition of 1,119 shares is coded as a Form 4 transaction type F, described as payment of exercise price or tax liability by delivering or withholding securities. It is reported at $18.47 per share, matching the grant price.

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^*

Houston Michael R.W.

(Last) (First) (Middle)

P.O. BOX 1000

(Street)

LEBEC CALIFORNIA 93243

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. VP & General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/28/2026

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	07/28/2026		A		2,808	A	$18.47	17,472	D
Tejon Ranch Co. Common Stock	07/28/2026		F		1,119	D	$18.47	16,353	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/Michael R.W.Houston	07/28/2026
	** 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)