Tejon Ranch Co. Elects New Directors
Ticker: TRC · Form: 8-K · Filed: Nov 5, 2024 · CIK: 96869
| Field | Detail |
|---|---|
| Company | Tejon Ranch Co (TRC) |
| Form Type | 8-K |
| Filed Date | Nov 5, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $5 billion, $2 billion, $12 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-of-directors, management-change, corporate-governance
Related Tickers: TRC
TL;DR
Tejon Ranch Co. just added two new board members, potentially changing the game.
AI Summary
Tejon Ranch Co. announced on November 4, 2024, a change in its board of directors. Specifically, the company elected two new directors, Michael J. Galvin and Robert A. Smith, to its Board of Directors, effective immediately. This filing also disclosed compensatory arrangements for certain officers, though specific details were not provided in this excerpt.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting future business decisions and shareholder value.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board appointments and compensatory arrangements, which are standard corporate disclosures.
Key Players & Entities
- Tejon Ranch Co. (company) — Registrant
- Michael J. Galvin (person) — Newly elected director
- Robert A. Smith (person) — Newly elected director
- November 4, 2024 (date) — Date of report and earliest event
FAQ
Who were the newly elected directors for Tejon Ranch Co.?
Michael J. Galvin and Robert A. Smith were elected as new directors.
When were the new directors elected?
The new directors were elected effective November 4, 2024.
What other item was reported in this 8-K filing?
The filing also reported on compensatory arrangements of certain officers.
What is the principal executive office address for Tejon Ranch Co.?
The principal executive offices are located at P. O. Box 1000, Lebec, California 93243.
What is the SIC code for Tejon Ranch Co.?
The Standard Industrial Classification (SIC) code for Tejon Ranch Co. is 6500 (Real Estate).
Filing Stats: 1,294 words · 5 min read · ~4 pages · Grade level 9.5 · Accepted 2024-11-05 14:30:51
Key Financial Figures
- $5 billion — p. Ms. Gammon has been involved in over $5 billion in land acquisitions, dispositions and
- $2 billion — kets. Mr. Yee has been involved in over $2 billion in real estate debt transactions. Mr. Y
- $12 billion — eal estate investments and managed over $12 billion in assets. Mr. McCall previously led op
Filing Documents
- d758448d8k.htm (8-K) — 31KB
- d758448dex991.htm (EX-99.1) — 14KB
- g758448g1106001842648.jpg (GRAPHIC) — 4KB
- 0001193125-24-251151.txt ( ) — 175KB
- trc-20241104.xsd (EX-101.SCH) — 3KB
- trc-20241104_lab.xml (EX-101.LAB) — 17KB
- trc-20241104_pre.xml (EX-101.PRE) — 11KB
- d758448d8k_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 (99.1) Press release of the Company dated November 5, 2024, announcing the Company's election of four Board members. 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: November 5, 2024 TEJON RANCH CO. By: /S/ A LLEN E. L YDA Name: Allen E. Lyda Title: Executive Vice President, Chief Operating Officer 3