Director reports 1,439-share award in Tejon Ranch (TRC) plan holdings

Rhea-AI Filing Summary

Tejon Ranch Co. director Norman Metcalfe reported an indirect acquisition of 1,439 shares of Tejon Ranch Co. common stock on January 13, 2026 at a price of $15.77 per share. The shares are held through the Tejon Ranch Co. Non-Qualified Deferred Compensation Plan Trust, reflecting indirect ownership. Following this transaction, Metcalfe beneficially owned 89,626 shares in total, including 71,006 shares held in the non-qualified deferred compensation plan and 18,620 shares held directly.

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

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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^*

METCALFE NORMAN J

(Last) (First) (Middle)

2007 BAYADERE TERRACE

(Street)

CORONA DEL MAR CA 92625

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
01/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	01/13/2026		A		1,439	A	$15.77	89,626(1)(2)	I	Tejon Ranch Co. Non-Qualified Deferred Compensation Plan Trust

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. Indirect Ownership of 71,006 shares in the Non-Qualified Deferred Compensation Plan

2. Direct ownership of 18,620 shares

	/s/Norman Metcalfe	01/13/2026
	** 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).
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FAQ

What insider transaction did TRC director Norman Metcalfe report?

Norman Metcalfe reported acquiring 1,439 shares of Tejon Ranch Co. common stock on January 13, 2026, coded as an acquisition ("A") at $15.77 per share.

How many Tejon Ranch Co. shares does Norman Metcalfe beneficially own after this transaction?

After the reported transaction, Norman Metcalfe beneficially owned 89,626 shares of Tejon Ranch Co. common stock in total.

How are Norman Metcalfe’s TRC shares held after the January 13, 2026 transaction?

Footnotes state that 71,006 shares are held indirectly in the Non-Qualified Deferred Compensation Plan, and 18,620 shares are held directly.

Is Norman Metcalfe’s January 13, 2026 TRC share acquisition direct or indirect?

The 1,439-share acquisition is reported as indirect ownership through the Tejon Ranch Co. Non-Qualified Deferred Compensation Plan Trust.

What was the price per share for the TRC stock acquired on January 13, 2026?

The acquired Tejon Ranch Co. common stock was reported at a price of $15.77 per share.

What is Norman Metcalfe’s role at Tejon Ranch Co. in this insider report?

The report identifies Norman Metcalfe as a director of Tejon Ranch Co., with the form filed by one reporting person.