Form 4: LTC Properties Co-President and Co-CEO Reports Stock Transactions
SEC Form 4 Filing
Pamela Shelley-Kessler, Co-President and Co-CEO of LTC Properties, reports the disposition of shares for tax withholding and holdings in a spouse's IRA.
Summary
- Pamela Shelley-Kessler, Co-President and Co-CEO of LTC Properties Inc., filed a Form 4 on February 11, 2025.
- The report details a transaction on February 10, 2025, where 6,097 shares of common stock were disposed of at a price of $33.93 per share to cover tax withholding upon vesting of restricted stock.
- Following the transaction, Shelley-Kessler directly owns 155,744 shares of LTC Properties Inc.
- The report also indicates that Shelley-Kessler indirectly owns 1,000 shares of common stock through a spouse's IRA.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment. It's a routine disclosure.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to tax obligations on vested stock.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock transaction (disposal of shares for tax withholding). |
| 02/11/2025 | Date of Form 4 filing. |
Keywords
Form 4, LTC Properties, Shelley-Kessler, Stock Transaction, Beneficial Ownership, Tax Withholding, Officer, Co-CEO, IRA
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