Form 4: Director Jeffrey Hawken Acquires LTC Properties Shares

LTC Properties Director Jeffrey C. Hawken acquired 3,077 shares of common stock through a restricted stock grant.

Summary

• Director Jeffrey C. Hawken received a grant of 3,077 shares of common stock.
• The transaction occurred on May 20, 2026, at a price of $39.00 per share.
• Following this transaction, the director's total beneficial ownership increased to 6,387 shares.
• The total includes 185 shares previously acquired via a dividend reinvestment plan.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral-to-positive event, as it reflects standard director compensation and increased insider alignment without indicating a change in company strategy.

Positives

• Increased alignment between director interests and shareholder value through equity ownership.
• Demonstrates confidence in the company's long-term prospects by a board member.

Negatives

• None identified in this filing.

Risks

• Vesting conditions tied to the one-year anniversary or the next annual meeting of stockholders.

Future Outlook

The shares are subject to a vesting schedule, becoming fully vested on the earlier of the one-year anniversary of the award or the date of the next annual meeting of stockholders.

Industry Context

StockSavvy.ai notes that director equity grants are standard corporate governance practices in the REIT sector, intended to align board incentives with long-term shareholder performance.

Comparison to Industry Standards

• The grant of restricted stock to directors is a common practice among publicly traded REITs to ensure board members maintain a meaningful financial stake in the company.
• The vesting period of one year or the next annual meeting is consistent with standard industry compensation structures.

Stakeholder Impact

• Shareholders benefit from increased director alignment with company performance.

Next Steps

• Vesting of the 3,077 shares upon the one-year anniversary or the next annual meeting of stockholders.

Key Dates

Keywords

LTC Properties, Insider Trading, Form 4, Director Ownership, Equity Grant