Form 4: Tejon Ranch Co. Director Michael H. Winer Acquires Shares
SEC Form 4
Director Michael H. Winer purchased 1,142 shares of Tejon Ranch Co. at $15.41 per share on May 30, 2024.
Summary
- On May 30, 2024, Michael H. Winer, a director of Tejon Ranch Co., acquired 1,142 shares of the company's common stock.
- The purchase price was $15.41 per share.
- Following the transaction, Winer directly owns 26,163 shares of Tejon Ranch Co.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but the impact is limited as the number of shares purchased is not substantial.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects. This purchase by a director may influence investor sentiment.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 05/30/2024 | Date of the transaction: Michael H. Winer acquired shares of Tejon Ranch Co. |
| 05/31/2024 | Date of signature on the SEC Form 4 filing. |
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