Form 4: LTC Properties Executive Reports Stock Transactions
SEC Form 4 Filing
John Gibson Satterwhite, EVP of Asset Management at LTC Properties, reports acquisition and disposal of common stock related to a performance-based stock unit award.
Summary
- On March 6, 2025, John Gibson Satterwhite, EVP of Asset Management at LTC Properties, acquired 7,057 shares of common stock at $34.89 per share due to the vesting of a performance-based stock unit award.
- On the same day, Satterwhite disposed of 3,801 shares at $34.89 per share to cover tax withholding related to the vesting of the stock unit award.
- Following these transactions, Satterwhite beneficially owns 22,475 shares of LTC Properties common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of stock acquisition and disposal |
| 03/07/2025 | Date of signature |
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