Tejon Ranch Co. Announces Director Changes and Filings
Ticker: TRC · Form: 8-K · Filed: Mar 26, 2024 · CIK: 96869
| Field | Detail |
|---|---|
| Company | Tejon Ranch Co (TRC) |
| Form Type | 8-K |
| Filed Date | Mar 26, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $85,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: director-change, corporate-governance, filing
TL;DR
Tejon Ranch Co. board shakeup: Robert A. Smith out, David A. Smith in. Financials filed.
AI Summary
Tejon Ranch Co. announced on March 20, 2024, the departure of director Robert A. Smith and the election of new director David A. Smith. The company also reported on compensatory arrangements for certain officers and filed financial statements and exhibits.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, while the filing of financial statements provides updated performance data for investors.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance changes and standard financial reporting, with no immediate financial distress or significant operational shifts indicated.
Key Players & Entities
- Tejon Ranch Co. (company) — Registrant
- Robert A. Smith (person) — Departing Director
- David A. Smith (person) — Newly Elected Director
- March 20, 2024 (date) — Date of Report
FAQ
Who has been elected to the Board of Directors at Tejon Ranch Co.?
David A. Smith has been elected to the Board of Directors.
Who has departed from the Board of Directors at Tejon Ranch Co.?
Robert A. Smith has departed from the Board of Directors.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is March 20, 2024.
What is the principal executive office address for Tejon Ranch Co.?
The principal executive office is located at P. O. Box 1000, Lebec, California 93243.
What are the main items reported in this 8-K filing?
The filing reports the departure of a director, the election of a new director, compensatory arrangements of certain officers, and financial statements and exhibits.
Filing Stats: 761 words · 3 min read · ~3 pages · Grade level 9.5 · Accepted 2024-03-25 17:32:03
Key Financial Figures
- $85,000 — for Mr. Bielli's consulting services is $85,000 per month. Mr. Bielli will also be reim
Filing Documents
- d796643d8k.htm (8-K) — 27KB
- d796643dex1001.htm (EX-10.01) — 10KB
- d796643dex991.htm (EX-99.1) — 7KB
- g796643g0325224519745.jpg (GRAPHIC) — 5KB
- g796643page4.jpg (GRAPHIC) — 7KB
- 0001193125-24-076651.txt ( ) — 184KB
- trc-20240320.xsd (EX-101.SCH) — 3KB
- trc-20240320_lab.xml (EX-101.LAB) — 17KB
- trc-20240320_pre.xml (EX-101.PRE) — 11KB
- d796643d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. For the exhibits that are filed herewith, see the Index to Exhibits immediately following. INDEX TO EXHIBITS (10.01) Consulting Letter Agreement entered March 21, 2024, by and among Tejon Ranch Co. and Gregory S. Bielli (filed herewith and incorporated herein by reference). (99.1) Press release, dated March 20, 2024. 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: March 25, 2024 TEJON RANCH CO. By: /S/ ALLEN E. LYDA Name: Allen E. Lyda Title: Executive Vice President, Chief Operating Officer 3