TRC insider acquisition: 1,502 shares at $15.98; total 47,868 owned

Rhea-AI Filing Summary

Tejon Ranch Co. (TRC) reported an insider transaction on a Form 4. A director acquired 1,502 shares of Tejon Ranch Co. common stock on 11/05/2025 at a price of $15.98 per share. Following the transaction, the reporting person beneficially owns 47,868 shares.

The filing notes 46,563 shares held directly and 1,305 shares held indirectly through a Non-Qualified Deferred Compensation Plan. The ownership form for the reported transaction is listed as direct.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Betts Steven A.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Tejon Ranch Co. Common Stock	1,502	$15.98	$24K

Holdings After Transaction: Tejon Ranch Co. Common Stock — 47,868 shares (Direct)

Footnotes (1)

1. Direct Ownership of 46,563 TRc Shares Indirect ownership of 1,305 shares in the Non-Qualified Deferred Compensation Plan

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^*

Betts Steven A.

(Last) (First) (Middle)

211 E. CATALINA DRIVE

(Street)

PHOENIX AZ 85012

(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)
11/05/2025

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	11/05/2025		A		1,502	A	$15.98	47,868(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 46,563 TRc Shares

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

	/s/Steven A. Betts	11/06/2025
	** 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.

FAQ

What insider transaction was reported for TRC?

A director acquired 1,502 shares of Tejon Ranch Co. common stock on 11/05/2025 at $15.98 per share.

How many TRC shares does the insider own after the transaction?

The reporting person beneficially owns 47,868 shares after the transaction.

What portion of the insider’s TRC holdings are direct vs. indirect?

Direct holdings are 46,563 shares; indirect holdings are 1,305 shares in a Non-Qualified Deferred Compensation Plan.

What was the transaction code on the TRC Form 4?

The transaction code was A (acquired).

What is the insider’s relationship to Tejon Ranch Co. (TRC)?

The reporting person is listed as a Director.

Was the transaction reported as direct or indirect ownership?

The reported transaction reflects direct ownership.