TEJON RANCH CO false 0000096869 0000096869 2024-12-06 2024-12-06

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20509

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) December 6, 2024

 

 

Tejon Ranch Co.

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Delaware   1-07183   77-0196136

(State or Other Jurisdiction

of Incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

P. O. Box 1000, Lebec, California   93243
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code 661-248-3000

Not applicable

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading

Symbol(s)

  

Name of each exchange

on which registered

Common Stock   TRC   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 6, 2024, Allen E. Lyda, Executive Vice President, Chief Operating Officer, Assistant Secretary and Assistant Treasurer, notified Tejon Ranch Co. (the “Company”) that he will retire effective March 1, 2025. Mr. Lyda has served the Company in numerous leadership roles for nearly 35 years, since first being hired in April 1990, including as Chief Financial Officer between 1999 and 2023.

 

Item 9.01

Financial Statements and Exhibits.

For the exhibits that are filed herewith, see the Index to Exhibits immediately following.

INDEX TO EXHIBITS

 

(99.1)    Letter from Allen E. Lyda, dated December 6, 2024.
104    Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).

 

2

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: December 12, 2024     TEJON RANCH CO.
    By:  

/S/ Michael R.W. Houston

    Name:   Michael R.W. Houston
    Title:   Senior Vice President, General Counsel & Secretary

 

3

Exhibit 99.1

December 6, 2024

Greg Bielli

Chief Executive Officer and President

Tejon Ranch Co.

4436 Lebec Road

Tejon Ranch, CA 93243

Dear Greg,

For over 34 years, it has been a great experience to work at Tejon Ranch. It has been a wonderful opportunity to learn and be a part of a team setting the foundation for the company to continue to grow. I have enjoyed working with you, prior CEOs, and all of our team over these years.

It has been a very tough decision that my family and I have made that I will be retiring effective March 1, 2025.

I will miss working with the team but in life there is a season for everything and now it is time for me to move forward and discover new opportunities.

I want to thank the Board of Directors and you for the opportunity I have had these last several years and I wish everyone continued success.

Sincerely,

/s/Allen E. Lyda

Allen E. Lyda

v3.24.3
Document and Entity Information
Dec. 06, 2024
Cover [Abstract]  
Entity Registrant Name TEJON RANCH CO
Amendment Flag false
Entity Central Index Key 0000096869
Document Type 8-K
Document Period End Date Dec. 06, 2024
Entity Incorporation State Country Code DE
Entity File Number 1-07183
Entity Tax Identification Number 77-0196136
Entity Address, Address Line One P. O. Box 1000
Entity Address, City or Town Lebec
Entity Address, State or Province CA
Entity Address, Postal Zip Code 93243
City Area Code 661
Local Phone Number 248-3000
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Common Stock
Trading Symbol TRC
Security Exchange Name NYSE
Entity Emerging Growth Company false
Tejon Ranch (NYSE:TRC)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Tejon Ranch Charts.
Tejon Ranch (NYSE:TRC)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Tejon Ranch Charts.