Dakos Andrew 4
Research Summary
AI-generated summary
Tejon Ranch (TRC) Director Andrew Dakos Receives 913-Share Award
What Happened Andrew Dakos, a director of Tejon Ranch Co. (TRC), was issued/awarded 913 common shares on April 7, 2026. The filing lists the acquisition price as $18.84 per share, for a total reported value of $17,201. The transaction is reported under code "A" (grant/award/acquisition).
Key Details
- Transaction date: 2026-04-07; price: $18.84 per share; shares acquired: 913; total value: $17,201.
- Transaction type: Award/Grant (SEC code A) — filing does not state whether shares are restricted, vested immediately, or subject to further conditions.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Dakos disclaims beneficial ownership of 25,000 TRC common shares except to the extent of any pecuniary interest; beneficial ownership is held through a limited partnership.
- Timeliness: Reported on 2026-04-07 for a 2026-04-07 transaction (no late filing indicated).
Context This is an insider award to a company director rather than an open-market purchase or sale. Awards to directors commonly reflect compensation or long-term incentive grants; the filing does not provide vesting or sale information, so it should not be interpreted as an immediate buy/sell signal.