Tejon Ranch (TRC) Director Eric H. Speron Receives 1,587-Share Award

What Happened

• Eric H. Speron, a director of Tejon Ranch Co. (TRC), was granted/acquired 1,587 shares on July 14, 2026. The shares were recorded at $18.70 per share, for a total value of $29,677. This transaction is reported as an award/grant (transaction code A), meaning the shares were issued as compensation rather than bought on the open market.

Key Details

• Transaction date: 2026-07-14; Filing date: 2026-07-15 (timely filing)
• Transaction type/code: Award/Grant (A)
• Shares acquired: 1,587 at $18.70 each; total value $29,677
• Shares owned after transaction: Not specified in the provided filing
• Footnotes/plans: None indicated (no 10b5-1 plan or tax-withholding noted in the reported item)
• SEC accession: 0001193125-26-304539

Context

• Grants to directors are commonly part of regular compensation and do not necessarily signal a personal buy or sell decision. Because this was an award (not an open-market purchase), it should be viewed primarily as compensation-related rather than a direct endorsement of the stock price.