X0202 SCHEDULE 13G 0002019017 XXXXXXXX LIVE Common Stock, $0.50 par value 03/31/2026 0000096869 Tejon Ranch Co. 879080109 4436 Lebec Road PO Box 1000 Lebec CA 93243 Rule 13d-1(b) Nitor Capital Management LLC b NY 0 1681564 0 1681564 1681564 N 6.2 IA OO Please see note in Item 4(a) David Spier b X1 0 1681564 0 1681564 1681564 N 6.2 HC IN Please see note in Item 4(a) Tejon Ranch Co. 4436 Lebec Road, PO Box 1000 Lebec, California 93243 Nitor Capital Management LLC* David Spier* 600 Sylvan Avenue, Englewood Cliffs, NJ 07632 Nitor Capital Management LLC - New York David Spier - USA N IA HC Nitor Capital Management LLC - 6.2%* David Spier - 6.2%* *The Common Stock (the "Shares") of Tejon Ranch Co. (the "Issuer") reported herein represents Shares that are held by a private investment fund and separately managed accounts (the "Nitor Entities") for which Nitor Capital Management LLC serves as the investment manager (the "Investment Manager"). David Spier serves as the managing member of the Investment Manager (the "Managing Member," and collectively with the Nitor Entities and the Investment Manager, the "Reporting Persons"). By virtue of these relationships, the Reporting Persons may be deemed to have shared voting and dispositive power with respect to the Shares owned directly by the Nitor Entities. The percentages reported herein are calculated based upon a statement in the Issuer's Form 10-K, filed on March 19, 2026, indicating that there are 26,930,197 Shares issued and outstanding as of February 28, 2026 . This report shall not be deemed an admission that the Reporting Persons are beneficial owners of the Shares for purposes of Section 13 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each of the Reporting Persons disclaims beneficial ownership of the Shares reported herein except to the extent of the Reporting Persons pecuniary interest, if any, therein. Nitor Capital Management LLC - 6.2%* David Spier - 6.2%* Nitor Capital Management LLC - 0 David Spier - 0 Nitor Capital Management LLC - 1,681,564* David Spier - 1,681,564* Nitor Capital Management LLC - 0 David Spier - 0 Nitor Capital Management LLC - 1,681,564* David Spier - 1,681,564* Y N Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. EXHIBIT I - JOINT FILING STATEMENT Nitor Capital Management LLC /s/ David Spier 05/05/2026 David Spier /s/ David Spier 05/05/2026