LTC Properties (LTC) CFO reports 1,702-share tax-withholding disposition of stock
Rhea-AI Filing Summary
LTC Properties Inc. executive Caroline Chikhale, who serves as EVP, CFO & Treasurer, reported a tax-withholding disposition of 1,702 shares of common stock on February 9, 2026 at $37.28 per share. The transaction reflects shares withheld to cover taxes on a previously reported restricted stock vesting, and she now directly holds 54,465 shares of LTC common stock.
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FAQ
What insider transaction did LTC (LTC) report for Caroline Chikhale?
Caroline Chikhale reported a tax-withholding disposition of 1,702 LTC common shares. The shares were withheld to satisfy tax obligations on a previously reported restricted stock vesting, rather than an open-market sale, and reflect routine equity compensation mechanics for an executive officer.
What was the price and date of the LTC (LTC) tax-withholding disposition?
The tax-withholding disposition occurred on February 9, 2026 at a price of $37.28 per share. This price is the value used for withholding shares to cover taxes related to vesting of a restricted stock grant previously reported for the executive.
How many LTC (LTC) shares does Caroline Chikhale own after this Form 4?
After the reported tax-withholding disposition, Caroline Chikhale directly owns 54,465 shares of LTC Properties Inc. common stock. This figure represents her direct beneficial ownership following the withholding of 1,702 shares for tax purposes tied to restricted stock vesting.
What does transaction code F mean in the LTC (LTC) Form 4 filing?
Transaction code F indicates payment of a tax liability or exercise price by delivering or withholding securities. In this case, 1,702 LTC common shares were withheld to satisfy tax obligations associated with vesting of a previously reported restricted stock grant for the executive.
What role does Caroline Chikhale hold at LTC (LTC) in this Form 4?
In the filing, Caroline Chikhale is identified as an officer of LTC Properties Inc. with the title EVP, CFO & Treasurer. The Form 4 reflects her personal equity compensation activity and resulting direct beneficial ownership in LTC common stock after tax withholding.