Form 4: LTC Properties Director Timothy Triche Sells 3,082 Shares
SEC Form 4 Filing
Director Timothy Triche of LTC Properties Inc. sold 3,082 shares of common stock at $31.67 per share on April 2, 2024.
Summary
- On April 2, 2024, Timothy Triche, a director of LTC Properties Inc., sold 3,082 shares of the company's common stock.
- The sale price was $31.67 per share.
- Following the transaction, Triche directly owns 36,343 shares of LTC Properties Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when a company insider, such as a director, buys or sells shares of their company's stock. It provides transparency to the market regarding the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the sale.
Key Dates
| Date | Description |
|---|---|
| 04/02/2024 | Date of the stock sale transaction |
| 04/05/2024 | Date of signature on the Form 4 filing |
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