Yee Kenneth 4
Research Summary
AI-generated summary
Tejon Ranch (TRC) Director Kenneth Yee Receives 565-Share Award
What Happened
Kenneth Yee, a director of Tejon Ranch Co. (TRC), received an award/acquisition of 565 shares on July 14, 2026. The shares were reported at a per-share value of $18.70, for a total reported value of $10,566. This was an award/grant (transaction code A), an acquisition rather than a sale.
Key Details
- Transaction date: 2026-07-14
- Filing date (Form 4): 2026-07-15 (one day after the transaction; within the SEC’s two-business-day Form 4 deadline)
- Shares acquired: 565 shares at $18.70 per share; total value $10,566
- Shares owned after the transaction: not specified in the provided filing summary
- Notable footnotes: none disclosed in the provided data
- Transaction type code: A (award/grant/acquisition)
Context
Awards and grants are a common form of director compensation and represent an insider acquisition of stock rather than a sale. While purchases and awards increase insider ownership, they do not by themselves prove the insider’s view of near-term stock performance. This filing appears timely under Form 4 rules.