Form 4: Daniel R. Tisch Acquires Tejon Ranch Co. Shares

Director and 10% owner Daniel R. Tisch acquired 1,422 shares of Tejon Ranch Co. at $17.06 per share on July 8, 2024.

Summary

• On July 8, 2024, Daniel R. Tisch, a director and 10% owner of Tejon Ranch Co., acquired 1,422 shares of common stock.
• The shares were purchased at a price of $17.06 per share.
• Following the transaction, Tisch directly owns 75,602 shares.
• TowerView LLC, of which Tisch is a General Member, owns 3,845,500 shares.
• DT Four Partners LLC, also with Tisch as General Member, owns 1,087,507 shares.
• Tisch may be deemed to have a pecuniary interest in the shares owned by TowerView LLC and DT Four Partners LLC.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. Insider buying is generally viewed favorably, but the transaction is relatively small.

Positives

• The director's purchase of shares may signal confidence in the company's future prospects.

Industry Context

Insider buying is often seen as a positive sign, suggesting that those with the most knowledge of the company believe its stock is undervalued.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder sentiment.

Key Dates