LTC Properties executive buys 10,000 shares of common stock

LTC Properties Inc. reported insider share purchases by its Executive Vice President and Chief Investment Officer, David M. Boitano.

Rhea-AI Filing Summary

LTC Properties Inc. reported insider share purchases by its Executive Vice President and Chief Investment Officer, David M. Boitano. On 12/31/2025, he bought a total of 10,000 shares of LTC Properties common stock in two open-market transactions. The reported purchase prices were $34.30 and $34.58 per share for 5,000 shares each. Following these transactions, he beneficially owned 25,626 shares of LTC Properties common stock in direct ownership.

Insider Trade Summary

Net Buyer: 10,000 shares

Net Buy 2 txns

Insider BOITANO DAVID M

Role EVP & CIO

Bought 10,000 shs ($344K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	5,000	$34.30	$172K
Purchase	Common Stock	5,000	$34.58	$173K

Holdings After Transaction: Common Stock — 25,626 shares (Direct)

FAQ

What insider transaction did LTC (LTC) report in this Form 4?

The filing reports that Executive Vice President and Chief Investment Officer David M. Boitano purchased a total of 10,000 shares of LTC Properties common stock in open-market transactions.

On what date did the LTC Properties insider share purchases occur?

The reported purchases of LTC Properties common stock occurred on 12/31/2025.

What prices did the LTC Properties executive pay for the shares?

David M. Boitano purchased 5,000 shares at $34.30 per share and another 5,000 shares at $34.58 per share.

How many LTC Properties shares does the reporting person own after the transactions?

After the reported purchases, David M. Boitano beneficially owned 25,626 shares of LTC Properties common stock in direct ownership.

What is the reporting person’s role at LTC Properties?

The reporting person, David M. Boitano, is an officer of LTC Properties, serving as EVP & CIO (Executive Vice President and Chief Investment Officer).

Is this LTC Properties Form 4 filed for one reporting person or multiple?

The document indicates that the Form 4 is filed by one reporting person, not by more than one reporting person.

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Accepted by SEC EDGAR 01/02/2026 - 09:39 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BOITANO DAVID M

(Last) (First) (Middle)

3011 TOWNSGATE RD, STE 220

(Street)

WESTLAKE VILLAGE CA 91361

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LTC PROPERTIES INC [ LTC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CIO

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/31/2025		P		5,000	A	$34.3	20,626	D
Common Stock	12/31/2025		P		5,000	A	$34.58	25,626	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ David M. Boitano	01/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.