LTC Properties director (NYSE: LTC) sells 3,125 shares at $39.54
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LTC Properties Inc director Timothy Triche reported an open-market sale of 3,125 shares of Common Stock on 2026-07-13 at $39.54 per share. Following the transaction, he holds 37,786 shares directly, including 187 shares acquired through LTC Properties, Inc.'s dividend reinvestment plan. No derivative securities are reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,125 shares ($123,563)
Net Sell
1 txn
Insider
TRICHE TIMOTHY
Role
Director
Sold
3,125 shs ($124K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,125 | $39.54 | $124K |
Holdings After Transaction:
Common Stock — 37,786 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 3,125 shares
Sale price per share: 39.5400
Shares owned after sale: 37,786 shares
+1 more
4 metrics
Shares sold
3,125 shares
Common Stock sold in open-market transaction on 2026-07-13
Sale price per share
39.5400
Price per share for the Common Stock sale
Shares owned after sale
37,786 shares
Common Stock held directly by Timothy Triche following the transaction
Dividend reinvestment plan shares
187 shares
Portion of Triche’s post-transaction holdings acquired under dividend reinvestment plan
Key Terms
Sale in open market or private transaction, dividend reinvestment plan
2 terms
Sale in open market or private transaction regulatory
"transaction_code_description: "Sale in open market or private transaction""
dividend reinvestment plan financial
"Includes 187 shares acquired under LTC Properties, Inc's dividend reinvestment plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
FAQ
What insider transaction did LTC (LTC) director Timothy Triche report?
Director Timothy Triche reported an open-market sale of 3,125 shares of LTC Properties Common Stock. The transaction occurred on 2026-07-13 at a price of $39.54 per share, according to the insider trading report.
What type of transaction was reported in the LTC (LTC) Form 4 filing?
The filing reports a sale in open market or private transaction of LTC Properties Common Stock. The transaction code is S, which indicates a sale, and it is classified as a non-derivative transaction involving Common Stock.
Does the LTC (LTC) Form 4 show any derivative securities for Timothy Triche?
The Form 4 does not list any derivative securities for Timothy Triche. The reported activity covers only a non-derivative Common Stock sale, and the derivative summary section of the insider data is empty.
What does the dividend reinvestment plan note mean in the LTC (LTC) filing?
A footnote explains that 187 of Triche’s shares were acquired under LTC Properties, Inc.'s dividend reinvestment plan. This indicates a small portion of his current holdings comes from automatically reinvested dividends rather than open-market purchases.