Form 4: LTC Properties Co-CEO Discloses Routine Stock Withholding

LTC Properties Inc. Co-President and Co-CEO Pamela Shelley-Kessler reported a routine disposition of 3,246 common shares for tax withholding purposes.

Summary

• Pamela Shelley-Kessler, Co-President and Co-CEO of LTC Properties Inc. (LTC), reported a transaction on February 9, 2026.
• The transaction involved the disposition of 3,246 shares of Common Stock at a price of $37.28 per share.
• This disposition was for tax withholding on the vesting of a previously reported restricted stock grant.
• Following this transaction, Pamela Shelley-Kessler directly owns 196,015 shares of Common Stock and indirectly owns 1,000 shares through a spouse's IRA.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine, non-discretionary tax withholding associated with executive compensation, rather than a voluntary sale or purchase of shares.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that routine insider transactions, such as tax withholdings on restricted stock vesting, are common occurrences across all industries, including Real Estate Investment Trusts (REITs) like LTC Properties. These transactions typically reflect pre-scheduled compensation events rather than discretionary trading decisions or shifts in company strategy.

Stakeholder Impact

• Shareholders: The transaction is a routine administrative event and is unlikely to have a direct material impact on shareholders. It reflects a standard part of executive compensation.

Key Dates

Keywords

LTC Properties, Pamela Shelley-Kessler, Form 4, Insider Transaction, Stock Withholding, Restricted Stock, CEO, Real Estate Investment Trust