TISCH DANIEL R 4

What Happened

• Daniel R. Tisch, identified as a 10% owner of Tejon Ranch Co. (TRC), was granted/acquired 1,787 shares on July 14, 2026, at a reported price of $18.70 per share, for a total value of $33,417. This transaction is reported as an award/acquisition (code A), not a sale.

Key Details

• Transaction date: 2026-07-14; Price per share: $18.70; Shares: 1,787; Total value: $33,417.
• Shares owned after transaction: the Form 4 does not report Tisch’s direct post-transaction holdings. The filing notes TowerView LLC owns 3,845,500 shares and DT Four Partners LLC owns 1,087,507 shares; Tisch is General Member of both and may be deemed to have a pecuniary interest in those shares.
• Transaction type/code: A (grant, award, or other acquisition).
• Filing timeliness: Reported on 2026-07-14 for a 2026-07-14 transaction (timely); no 10b5-1 plan, tax withholding, or cashless-sale notes disclosed.
• Insider status: Listed as a 10% owner (institutional/large-holder status rather than an executive trading disclosure).

Context

• This was an acquisition/award rather than a sale, which is typically viewed as more informative for bullish interest but should be interpreted cautiously. Because Tisch is connected to large LLC holdings, the filing highlights both his individual award and potential indirect exposure via those entities, rather than signaling routine open-market buying or selling.