LTC Properties (NYSE: LTC) EVP & CIO buys 10,000 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LTC Properties executive David M. Boitano, EVP & CIO, bought 10,000 shares of LTC Properties common stock in open-market transactions. He purchased 5,000 shares at $34.85 and 5,000 shares at $34.69 on June 4, 2026, bringing his direct holdings to 46,160 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,000 shares ($347,700)
Net Buy
2 txns
Insider
BOITANO DAVID M
Role
EVP & CIO
Bought
10,000 shs ($348K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000 | $34.69 | $173K |
| Purchase | Common Stock | 5,000 | $34.85 | $174K |
Holdings After Transaction:
Common Stock — 41,160 shares (Direct, null)
Footnotes (1)
Key Figures
Total shares purchased: 10,000 shares
First purchase price: $34.85 per share
Second purchase price: $34.69 per share
+1 more
4 metrics
Total shares purchased
10,000 shares
Open-market common stock buys on June 4, 2026
First purchase price
$34.85 per share
5,000-share open-market purchase
Second purchase price
$34.69 per share
5,000-share open-market purchase
Shares owned after transactions
46,160 shares
Direct ownership following June 4, 2026 trades
Key Terms
open-market purchase, Common Stock, transaction code "P", direct ownership
4 terms
open-market purchase financial
"transaction_action is described as an open-market purchase of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
"security_title for both transactions is listed as Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code "P" financial
"transaction_code P indicates a purchase in open market or private transaction"
direct ownership financial
"ownership_code D shows the reporting person has direct ownership of the shares"
FAQ
What insider transaction did LTC (LTC) report in this Form 4?
LTC Properties reported that EVP & CIO David M. Boitano bought 10,000 common shares. The open-market purchases occurred on June 4, 2026, and were split into two 5,000-share trades at prices of $34.85 and $34.69 per share.
What are David Boitano’s LTC (LTC) holdings after these purchases?
After the reported open-market purchases, David Boitano directly owns 46,160 LTC Properties common shares. This post-transaction figure reflects his updated direct ownership position as disclosed in the Form 4 filing’s transaction details.
Were the LTC (LTC) transactions open-market purchases or another type?
The filing classifies both transactions as open-market purchases of common stock. The Form 4 uses transaction code “P,” indicating purchases in the open market or a private transaction, rather than option exercises, gifts, or tax-related dispositions.