Form 4: LTC Properties Inc: Executive Chairman Wendy Simpson Reports Stock Transaction
SEC Form 4 Filing
Wendy Simpson, Executive Chairman of LTC Properties Inc, reports a transaction involving common stock due to tax withholding on vesting of restricted stock.
Summary
- On February 10, 2025, Wendy Simpson, the Executive Chairman of LTC Properties Inc, reported a transaction involving the company's common stock.
- The transaction involved the disposal of 13,914 shares at a price of $33.93.
- This disposal was due to tax withholding related to the vesting of a previously reported restricted stock grant.
- Following the transaction, Simpson beneficially owns 359,797 shares of LTC Properties Inc.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing related to stock transactions. The sentiment is neutral as it reflects standard corporate governance procedures.
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 stock vesting, which is a common practice.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax withholding event.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of the stock transaction (disposal of shares). |
| 02/11/2025 | Date of signature for the Form 4 filing. |
Keywords
LTC Properties Inc, Wendy Simpson, Executive Chairman, Form 4, Stock Transaction, Beneficial Ownership, Tax Withholding, Restricted Stock, Securities
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.