{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-024064","form_type":"8-K","ticker":"TRC","cik":"0000096869","company_name":"TEJON RANCH CO","filed_at":"2025-02-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.924726+00:00","generated_at":"2026-05-26T23:42:42.350465+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Tejon Ranch appoints Matthew Walker as President & CEO effective March 31, 2025","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-024064","json":"https://secwatch.observer/filing/0001193125-25-024064.json","markdown":"https://secwatch.observer/filing/0001193125-25-024064.md","text":"https://secwatch.observer/filing/0001193125-25-024064.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/96869/000119312525024064/0001193125-25-024064-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/96869/000119312525024064/d930665d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T23:42:42.350465+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"643f56772f","claim":"Matthew H. Walker was appointed as Chief Operating Officer at TEJON RANCH CO.","evidence_excerpt":"appointed Matthew H. Walker, age 54, to serve as Chief Operating Officer effective March 6, 2025 through March 31, 2025","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/96869/000119312525024064/0001193125-25-024064-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"},{"claim_id":"dae6530ef9","claim":"Matthew H. Walker was appointed as President and Chief Executive Officer at TEJON RANCH CO.","evidence_excerpt":"after which date Mr. Walker has been appointed and will begin serving as President and Chief Executive Officer of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/96869/000119312525024064/0001193125-25-024064-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"ec2102d7ec","claim":"Gregory S. Bielli retired as President and Chief Executive Officer at TEJON RANCH CO.","evidence_excerpt":"the previously reported retirement of Gregory S. Bielli, who has served in this capacity with the Company since December 2013.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/96869/000119312525024064/0001193125-25-024064-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}