{"filings":[{"id":451838,"accession_number":"0001193125-26-224752","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2026-05-15T01:12:43+00:00","items":["5.07","9.01"],"status":"ready","headline":"Tejon Ranch shareholders approve all proposals at 2026 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All nine director nominees elected; highest votes 21.7M for Eric Speron, lowest 18.6M for Gregory Bielli (3.6M withhold).","Charter amendment granting shareholders right to call special meeting passed with 21.1M for, 650K against.","Advance notice charter amendment approved 19.5M for, 2.7M against.","Ratification of Deloitte as auditor for 2026 approved 24.6M for (99.3% of votes cast).","Advisory vote on executive compensation passed 20.1M for, 1.8M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100000,"accession_number":"0001193125-26-210595","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Tejon Ranch swings to Q1 profit of $0.01/share; revenue up 16%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income of $0.2M ($0.01/share) vs net loss of $1.5M ($0.05/share) in Q1 2025.","Revenue and other income up 16% to $10.8M; operating expenses down 14%.","Adjusted EBITDA increased to $4.8M from $2.8M in Q1 2025.","Mineral resources revenue up 36% to $3.5M; operating profit doubled to $1.0M.","Liquidity $83.9M; construction commenced on 510,500 sq ft Building 1B at TRCC."],"consensus_eps_estimate":null,"consensus_eps_actual":0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":9503000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99999,"accession_number":"0001193125-26-197495","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2026-04-30T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Tejon Ranch to release Q1 2026 earnings May 7 before market open","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Conference call on May 7, 2026 at 5:00 p.m. ET with CEO Matt Walker and CFO Robert Velasquez.","Investors may email questions to IR@tejonranch.com by 2:00 p.m. ET on May 7.","Webcast available on company website; replay accessible for one year after the call."],"consensus_eps_estimate":null,"consensus_eps_actual":0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":9503000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":116326,"accession_number":"0001193125-26-115207","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2026-03-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Tejon Ranch Q4 net income drops to $1.6M; full year $0.1M, revenue up 7%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $1.6M ($0.06/sh), down $2.9M from $4.5M ($0.17/sh) in Q4 2024; full year net income $0.1M ($0.00/sh).","Revenue up 8% to $23.3M in Q4; full year revenue +7% to $58.7M; farming segment rev +35% to $18.7M.","Adjusted EBITDA Q4 $11.4M (+9% YoY); full year $25.3M (+8%).","Terra Vista phase 1 completed (228 units); 71% leased as of March 19, 2026.","2026 outlook: pistachio down-bearing year; elevated farming costs; Centennial entitlement advancing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":116325,"accession_number":"0001193125-26-115200","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2026-03-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Tejon Ranch Board to Propose Shareholder Special Meeting Right at 2026 Annual Meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board includes proposal granting >=25% shareholders right to call special meeting for vote at May 13, 2026 Annual Meeting.","Proposal follows prior Board size and structure updates announced last week and commitment from November 2025 Investor Day.","Additional details on the proposal will be in the 2026 proxy statement to be filed with SEC."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":116324,"accession_number":"0001193125-26-100133","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2026-03-10T23:59:59+00:00","items":["5.02","8.01"],"status":"ready","headline":"Tejon Ranch board reduces size, eliminates Executive Committee; two directors plan retirement in 2027","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Director Kenneth G. Yee will not stand for reelection at 2026 annual meeting; board reduces from 10 to 9 directors.","Board Chair Norman J. Metcalfe and Director Gregory S. Bielli intend to retire after 2026 annual meeting, not seeking reelection in 2027.","Board intends to further reduce size to 7 directors by 2027 annual meeting.","Board eliminates Executive Committee effective immediately."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":116323,"accession_number":"0001193125-26-093919","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2026-03-05T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Tejon Ranch to report Q4/FY 2025 results on March 19, 2026 conference call","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Q4 and full year 2025 results to be released before market open on March 19, 2026.","Conference call on March 19, 2026 at 5:00 p.m. ET; President & CEO Matt Walker and CFO Robert Velasquez will discuss.","Investors may submit up to two questions by email to IR@tejonranch.com by 2:00 p.m. ET on March 19."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132790,"accession_number":"0001193125-25-319192","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2025-12-15T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Tejon Ranch adopts amended bylaws aligning with DGCL and clarifying procedural rules","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Amended bylaws include updates to conform with Delaware General Corporation Law sections 232, 222, 160, 212, 219, 231, and 141.","Board granted authority to postpone, reschedule, or cancel annual meetings; presiding officer may adjourn if quorum absent.","Bylaws now expressly allow shareholder meetings by remote communication and limit special meeting business to items identified in the call.","Clarified voting thresholds, committee minute reporting, and procedures for lost certificates and bonds.","Technical and conforming revisions delete outdated references."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132789,"accession_number":"0001193125-25-281708","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2025-11-14T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Tejon Ranch holds investor event at NYSE; materials lack material specifics","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Company hosted Investor Engagement Event at NYSE on Nov 14, 2025.","Exhibit 99.1 slide presentation contains only title and disclaimer; no financial data or strategy details.","No guidance, metrics, or material updates disclosed in the filing.","Event described as discussion of strategic vision; no new actionable information."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132788,"accession_number":"0001193125-25-280527","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2025-11-13T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Tejon Ranch CEO details capital allocation discipline, $2M payroll cut, JV strategy for MPCs","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Completed 20% workforce reduction in Sept 2025, saving >$2M annually; targeting additional $1.5M in overhead savings in 2026.","Reaffirmed hurdle rates: 12% unlevered IRR, 18% levered IRR, 7% yield on cost; will use JVs for capital-intensive projects to avoid dilution.","TRCC generated $110M cash flow 2004-2024 with 11M sq ft remaining entitled density; focus remains on TRCC for near-term growth.","Grapevine (12,000 units) 24-month path to JV; Mountain Village (3,450 units) seeking partner; Centennial to file amended entitlements soon.","Board to propose special meeting right at 25% threshold and consider reducing board size; CEO deferred part of sign-on incentive."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132787,"accession_number":"0001193125-25-268192","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2025-11-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Tejon Ranch posts Q3 net income of $1.7M vs year-ago loss; cuts workforce 20%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 net income of $1.7M ($0.06 diluted EPS) versus net loss of $1.8M ($0.07 loss) in Q3 2024.","Farming segment revenue rose 34% to $4.3M; almond and wine grape sales improved.","Workforce reduced ~20% in October 2025, expected annual savings of $2.0M.","TRCC industrial portfolio (2.8M sq ft) 100% leased; Terra Vista multifamily 55% leased (180 units).","Total liquidity of $89.1M; debt to total capitalization 32.0%."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":28485000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132786,"accession_number":"0001193125-25-245909","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2025-10-22T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Tejon Ranch to release Q3 2025 results on Nov 6; conference call and investor event scheduled","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Q3 2025 earnings release before market open Nov 6; conference call at 5:00 PM ET same day.","CEO Matt Walker and CFO Robert Velasquez will discuss results; questions emailed by 12:00 PM ET Nov 6.","Investor Engagement Event at NYSE on Nov 14, 2025; space limited, advanced registration required.","Audio webcast and replay available on company website for one year after the call."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132785,"accession_number":"0001193125-25-240902","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2025-10-16T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Tejon Ranch CEO voluntarily reduces sign-on incentive by $100k, defers other payments","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Walker forfeits $100k of sign-on incentive and converts $50k RSUs to price-vested units (PVUs).","Cash payment of $300k split: $150k Oct 2025, $100k Oct 2026, $50k Oct 2027.","RSU grant reduced from $300k to $150k; $100k converted to PVUs, $50k forfeited.","Total PVUs increased to $250k, vesting based on stock price CAGR by Dec 2027.","Walker cites commitment to improving profitability and reducing overhead."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":149326,"accession_number":"0001193125-25-160489","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2025-07-17T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Tejon Ranch appoints Robert Velasquez as interim CFO and Treasurer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board unanimously appointed Robert D. Velasquez as interim CFO and Treasurer effective July 15, 2025.","Velasquez will continue as SVP Finance, CAO, and Assistant Secretary; has over 25 years of experience.","Compensation approved: $75,000 annualized bonus pro-rated for the interim role, paid per annual incentive program.","Company plans a national search to fill CFO and Treasurer positions permanently, considering internal and external candidates.","Prior CFO Brett Brown separated; departure not related to accounting disagreements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":149325,"accession_number":"0001193125-25-158126","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2025-07-11T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Tejon Ranch CFO Brett A. Brown departs effective July 11, 2025","summary_kind":"llm","event_type":"leadership","confidence":"low","bullets":["Brett A. Brown separated from roles as EVP, CFO, and Treasurer on July 11, 2025.","No reason for departure or successor named in the filing.","Company has not disclosed any interim CFO or search process."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":168356,"accession_number":"0001193125-25-122159","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2025-05-19T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Tejon Ranch elects dissident nominee Andrew Dakos; incumbent Winer loses","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Andrew Dakos (Bulldog Investors) elected to board; incumbent Michael H. Winer not re-elected (821,536 for, 2,974,871 withhold).","Say-on-pay advisory vote passed with 12,372,371 for (55%) vs 8,709,016 against; abstentions 1,728,805.","Shareholder proposal for 10%-owner special meeting rights narrowly defeated: 11,300,681 for, 11,371,732 against.","Ratification of Deloitte as auditor approved with 22,668,135 for, 59,462 against, 82,595 abstain.","Ten directors elected: Betts, Bielli, Gammon, Leggio, McCall, Metcalfe, Speron, Tisch, Yee, and Dakos."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":185529,"accession_number":"0001193125-25-055487","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2025-03-17T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Rhea Frawn Morgan to not stand for reelection; board size reduced to 10","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["On March 12, 2025, director Rhea Frawn Morgan informed the company she will not stand for reelection at the 2025 annual meeting.","Board reduced size from 11 to 10 effective immediately after the 2025 annual meeting via unanimous consent resolution on March 14, 2025.","Morgan served since January 2021 on Audit, Real Estate, and Compensation Committees."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":185528,"accession_number":"0001193125-25-024064","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2025-02-11T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Tejon Ranch appoints Matthew Walker as President & CEO effective March 31, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Walker will serve as COO from Mar 6–Mar 31, 2025, then become President & CEO, succeeding Gregory Bielli.","Base salary set at $625,000, target annual bonus 125% of base, and long-term incentive at 200% of prorated base.","Sign-on package totals $800,000: $300k cash, $300k RSUs, and $200k price-vested PSUs.","Walker previously spent 24 years at Lowe Enterprises as EVP overseeing hospitality and resort community development.","Bielli retires on Mar 31 but will remain on the board as a director and executive advisor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202117,"accession_number":"0001193125-24-281087","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2024-12-18T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Tejon Ranch CEO delays retirement to March 31, 2025; successor search continues","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Gregory Bielli extends retirement from Dec 31, 2024 to March 31, 2025 to assist transition.","During extension, Bielli continues salary, pro-rata target bonus, benefits; excluded from 2025 exec comp plan.","Consulting agreement amended to run April 1, 2025 – March 31, 2026; other terms unchanged.","Board's ad hoc search committee still seeking successor; search ongoing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202116,"accession_number":"0001193125-24-276590","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2024-12-12T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Tejon Ranch EVP/COO Allen Lyda to retire effective March 1, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Allen Lyda, Executive VP, COO, and Assistant Secretary/Treasurer, notified Tejon Ranch of retirement on Dec 6, 2024.","Lyda has served nearly 35 years, including as CFO from 1999 to 2023; no successor has been announced.","He will remain in his role until the retirement date; CEO Greg Bielli was informed via letter.","The board has not yet disclosed a transition plan or replacement search."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202115,"accession_number":"0001193125-24-253871","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2024-11-08T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Tejon Ranch appoints Eric Speron to board, enters standstill with Nitor Capital","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Appointed Eric Speron to fill newly created board vacancy; term expires at 2025 annual meeting.","Nitor Capital, beneficial owner of ~1.8% of common stock, agrees to standstill and voting commitments through early 2026.","Standstill period ends earlier of 30 days before 2026 annual meeting nomination deadline or 80 days before 2025 annual meeting anniversary.","Company must nominate and support Speron at 2025 annual meeting; Speron may be replaced if unable to serve, subject to conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202114,"accession_number":"0001193125-24-251151","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2024-11-05T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Tejon Ranch elects four new directors, adds Gammon, Yee, McCall, Speron to board","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board expands from 8 to 11 seats; Denise Gammon, Jeff McCall, Eric Speron join effective Nov 4, 2024.","Kenneth Yee joins effective Dec 11, 2024, filling vacancy from Geoffrey L. Stack's retirement.","New directors bring real estate, finance, and development expertise; Gammon involved in $5B+ land deals, Yee $2B+ debt.","McCall formerly COO/CFO of Quarterra Group (Lennar), managed over $12B in assets.","Speron is Managing Director of Equities at First Foundation, CFA, also board member of Tandy Leather."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202113,"accession_number":"0001193125-24-250433","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2024-11-04T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Director Geoffrey L. Stack to retire from Tejon Ranch Co. board effective Dec. 11, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Stack, a director for 26 years since 1998, will retire at the December 11, 2024 board meeting.","He served as lead director on the Real Estate Committee and on Audit and Compensation Committees.","No replacement has been named; the board will continue with its remaining directors."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238116,"accession_number":"0001193125-24-140298","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2024-05-16T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Tejon Ranch shareholders elect all 8 director nominees, ratify auditor, approve say-on-pay at 2024 meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All eight director nominees elected; votes ranged from 14.5M to 18.9M for, 2.9M to 7.2M withheld (2.05M broker non-votes).","Ratification of Deloitte & Touche as auditor for FY 2024 passed with 23.1M for, 0.4M against.","Advisory vote on named executive officer compensation approved: 13.1M for, 8.4M against, 0.1M abstain.","Annual meeting held May 14, 2024; results filed May 16, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":255585,"accession_number":"0001193125-24-076651","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2024-03-26T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Tejon Ranch CEO Bielli to retire Dec 31, 2024; will remain as director and senior advisor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Gregory Bielli, President and CEO since 2013, intends to retire on December 31, 2024.","Bielli will continue to serve on the Board after retirement and provide consulting services through 2025.","Consulting Agreement pays $85,000 per month for a one-year term starting January 1, 2025.","Board formed ad hoc search committee (Norm Metcalfe, Michael Winer, Steve Betts, Bielli) and retained Korn Ferry.","Press release highlights accomplishments: entitlements, 5.5M sq ft industrial/commercial, Outlets at Tejon, first residential project."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273037,"accession_number":"0001193125-23-280777","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2023-11-20T23:59:59+00:00","items":["1.01","1.02","2.03","8.01","9.01"],"status":"ready","headline":"Tejon Ranch closes $160M unsecured revolving credit facility with AgWest Farm Credit","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $160M unsecured revolving credit line (plus $15M LOC sub-facility) matures Jan 1, 2029.","Proceeds used to pay off $47M Bank of America term loan and replace $45M secured revolver.","Interest rate: 1-month SOFR plus spread of 2.25%-2.75% based on leverage; potential patronage credit of 100-125 bps.","Financial covenants: total liabilities/net worth ≤0.55, debt service coverage ≥1.50, liquidity ≥2.00.","Unsecured with springing lien; funds for construction, farming, and general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":310817,"accession_number":"0001193125-23-172426","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2023-06-22T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Tejon Ranch SVP and General Counsel Marc Hardy departs; receives 8 weeks severance","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Marc W. Hardy, SVP and General Counsel, separated from Tejon Ranch on June 16, 2023.","Separation agreement provides 8 weeks base salary severance and COBRA coverage through Aug 31, 2023.","No successor or interim replacement was announced in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":310816,"accession_number":"0001193125-23-143287","cik":96869,"company_name":"TEJON RANCH CO","ticker":"TRC","form_type":"8-K","filed_at":"2023-05-12T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Tejon Ranch shareholders elect eight directors and approve all proposals at 2023 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All eight director nominees elected; Michael H. Winer received 14,089,327 for with 5,538,049 abstain.","Ratification of Deloitte & Touche LLP as auditor approved: 22,524,543 for, 36,255 against, 27,042 abstain.","Advisory vote on executive compensation approved: 17,865,314 for, 1,646,961 against, 115,101 abstain.","One-year frequency for future say-on-pay votes selected: 16,537,615 for 1-year, 48,419 for 2-year, 2,817,700 for 3-year.","2023 Stock Incentive Plan approved: 14,563,077 for, 4,515,453 against, 548,846 abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":525772445.85911185,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}