Glenbrook Capital Management, a long-time shareholder of Tejon Ranch Co., has issued a statement recommending shareholders vote in favor of a proposal allowing those owning a combined 10% of outstanding shares to call special meetings. This proposal, submitted by PFS Trust, is seen as a measure to enhance shareholder rights by providing the ability to voice concerns and enable action on important matters between scheduled meetings. Glenbrook also endorses Bulldog Capital's slate of nominees for the Tejon Board of Directors, citing dissatisfaction with the current Board's management and lack of transparency. The recommendations come ahead of the Tejon Annual Meeting on May 13, where shareholders will vote on these issues. Glenbrook believes these changes are crucial steps toward unlocking the company's unrecognized value.