Form 4: Tejon Ranch Co. Executive Vice President Allen E. Lyda Reports Transaction
SEC Form 4 Filing
Allen E. Lyda, Executive Vice President/COO of Tejon Ranch Co., reports acquisition and disposition of company stock on March 13, 2024.
Summary
- On March 13, 2024, Allen E. Lyda, Executive Vice President/COO of Tejon Ranch Co., reported a transaction involving the company's common stock.
- Lyda acquired 6,472 shares at a price of $16.62 per share.
- Lyda also disposed of 3,518 shares at a price of $16.62 per share.
- Following these transactions, Lyda directly owns 202,162 shares of Tejon Ranch Co. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock transactions by an executive.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of stock acquisition and disposition by Allen E. Lyda |
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