Tejon Ranch (TRC) director adds 1,423 shares at $15.98; total 88,187

Tejon Ranch Co. (TRC): Director transaction filed.

Rhea-AI Filing Summary

Tejon Ranch Co. (TRC): Director transaction filed. Director Norman Metcalfe acquired 1,423 shares of Tejon Ranch Co. common stock on 11/05/2025 at $15.98, recorded as indirect ownership through the Tejon Ranch Co. Non-Qualified Deferred Compensation Plan Trust.

Following this trade, he beneficially owned 88,187 shares in total, consisting of 69,567 shares held indirectly in the plan and 18,620 shares held directly.

Insider Trade Summary

Grant/Award: 1,423 shares

Grant/Award 1 txn

Insider METCALFE NORMAN J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Tejon Ranch Co. Common Stock	1,423	$15.98	$23K

Holdings After Transaction: Tejon Ranch Co. Common Stock — 88,187 shares (Indirect, Tejon Ranch Co. Non-Qualified Deferred Compensation Plan Trust)

Footnotes (2)

1. F1. Indirect Owenership of 69,567 sharesd in the Non-Qualified Deferred Compensation Plan
2. F2. Direct ownership of 18,620 shares

FAQ

What insider transaction did TRC report?

Director Norman Metcalfe acquired 1,423 shares of Tejon Ranch Co. common stock at $15.98 on 11/05/2025.

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

He beneficially owns 88,187 shares after the reported transaction.

What portion of TRC shares are held indirectly vs. directly?

Indirect: 69,567 shares via the Non-Qualified Deferred Compensation Plan; Direct: 18,620 shares.

What was the ownership form of the acquired shares?

The acquired shares were reported as Indirect (I), via the company’s Non-Qualified Deferred Compensation Plan Trust.

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

The reporting person is a Director of Tejon Ranch Co.

What transaction code was used on the Form 4?

The filing lists transaction code A, indicating an acquisition of securities.

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Accepted by SEC EDGAR 11/06/2025 - 02:40 PM 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^*

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)
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		1,423	A	$15.98	88,187(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 Owenership of 69,567 sharesd in the Non-Qualified Deferred Compensation Plan

2. Direct ownership of 18,620 shares

	/s/ Norman Metcalfe	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.