Form 4: LTC Properties Director Cornelia Cheng Reports Stock Grant and Disposal
SEC Form 4 Filing
Director Cornelia Cheng reports acquisition of 3,179 shares of LTC Properties common stock at $34.60 and disposal of 14,071 shares.
Summary
- On May 22, 2024, Cornelia Cheng, a director of LTC Properties Inc., reported a transaction involving the company's common stock.
- Cheng acquired 3,179 shares at a price of $34.60 per share.
- Cheng also disposed of 14,071 shares.
- Following these transactions, Cheng beneficially owns 14,071 shares of LTC Properties Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the real estate investment trust (REIT) sector.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of stock transaction (acquisition and disposal). |
| 05/23/2024 | Date of signature on the Form 4 filing. |
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