Form 4: LTC Properties EVP, CFO & Treasurer Caroline Chikhale Reports Tax Withholding on Vesting of Restricted Stock

Caroline Chikhale, EVP, CFO & Treasurer of LTC Properties, reports tax withholding on the vesting of previously reported restricted stock.

Summary

• On February 13, 2025, Caroline Chikhale, the EVP, CFO & Treasurer of LTC Properties Inc., had 1,987 common stock shares withheld for tax purposes related to the vesting of a previously reported restricted stock grant.
• The transaction occurred at a price of $34.57 per share.
• Following the transaction, Ms. Chikhale beneficially owns 40,357 shares of LTC Properties Inc. common stock directly.

Sentiment

Score: 5

Explanation: This Form 4 filing is a neutral event, reflecting a standard tax withholding on vested stock. It doesn't convey any positive or negative sentiment about the company's performance or future prospects.

Industry Context

This is a routine Form 4 filing, reflecting a common practice of tax withholding upon the vesting of restricted stock units. It's a standard part of executive compensation and doesn't necessarily indicate a change in the executive's view of the company's prospects.

Key Dates

Keywords

LTC Properties, Caroline Chikhale, Form 4, Beneficial Ownership, Tax Withholding, Restricted Stock, Insider Trading