LTC Properties CFO reports tax share withholding
LTC Properties EVP, CFO & Treasurer Caroline Chikhale reported a tax-related share disposition.
Rhea-AI Filing Summary
LTC Properties EVP, CFO & Treasurer Caroline Chikhale reported a tax-related share disposition. On the vesting of a previously reported restricted stock grant, 2,010 shares of common stock were withheld at $39.39 per share to cover taxes. After this tax-withholding disposition, she directly owns 52,455 LTC Properties shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 2,010 shares
Exercise Price or Tax Liability
1 txn
Insider
CHIKHALE CAROLINE
Role
EVP, CFO & TREASURER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,010 | $39.39 | $79K |
Holdings After Transaction:
Common Stock — 52,455 shares (Direct)
Footnotes (1)
- F1. Represents tax withholding on vesting of previously reported restricted stock grant.
FAQ
What insider transaction did LTC (LTC PROPERTIES INC) report for Caroline Chikhale?
LTC reported that EVP, CFO & Treasurer Caroline Chikhale had 2,010 common shares withheld to cover taxes on vesting of a restricted stock grant. This was a tax-withholding disposition, not an open-market purchase or sale of LTC shares.
What does transaction code F mean in the LTC insider filing for Caroline Chikhale?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this LTC filing, it reflects 2,010 shares of common stock withheld to cover taxes on vesting of a restricted stock grant, rather than a regular market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.