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 shares held in a spouse's IRA.
Summary
- Pamela Shelley-Kessler, Co-President and Co-CEO of LTC Properties Inc., filed a Form 4 on February 14, 2025.
- The form reports a transaction on February 13, 2025, where 3,852 shares of common stock were disposed of to cover tax withholding at a price of $34.57 per share.
- Following the transaction, Shelley-Kessler directly owns 151,892 shares of LTC Properties Inc.
- The form 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 regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding event related to vested stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax withholding event.
Key Dates
| Date | Description |
|---|---|
| 02/13/2025 | Date of stock transaction (disposal of shares for tax withholding). |
| 02/14/2025 | Date of Form 4 filing. |
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