Form 4: Tejon Ranch Co. Executive VP McMahon Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President of Real Estate at Tejon Ranch Co., Hugh F. McMahon IV, reports acquisition and disposal of company stock on March 13, 2024.
Summary
- On March 13, 2024, Hugh F. McMahon IV, Executive VP of Real Estate at Tejon Ranch Co., reported transactions involving the company's common stock.
- McMahon acquired 7,373 shares at a price of $16.62 per share.
- Simultaneously, McMahon disposed of 3,911 shares at the same price of $16.62 per share.
- Following these transactions, McMahon directly owns 71,504 shares of Tejon Ranch Co. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, reflecting insider confidence or portfolio adjustments.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of stock acquisition and disposal transactions. |
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