LTC Properties chair covers taxes with 7,326 shares

LTC Properties Inc. executive chairman and director Wendy Simpson reported a tax-related share disposition.

Rhea-AI Filing Summary

LTC Properties Inc. executive chairman and director Wendy Simpson reported a tax-related share disposition. On 02/09/2026, 7,326 shares of common stock were disposed of at $37.28 per share to cover tax withholding on the vesting of a previously reported restricted stock grant. Following this automatic tax-withholding transaction, she directly beneficially owns 370,993 shares of LTC Properties common stock.

Insider Trade Summary

Exercise Price or Tax Liability: 7,326 shares

Exercise Price or Tax Liability 1 txn

Insider SIMPSON WENDY

Role EXECUTIVE CHAIRMAN

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	7,326	$37.28	$273K

Holdings After Transaction: Common Stock — 370,993 shares (Direct)

Footnotes (1)

1. F1. Represents tax withholding on vesting of previously reported restricted stock grant.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did LTC (LTC Properties Inc.) report?

LTC Properties reported that executive chairman Wendy Simpson disposed of 7,326 common shares. The transaction covered tax withholding on vesting of a previously reported restricted stock grant, rather than an open-market sale, and was executed at $37.28 per share.

Who is the insider involved in the latest LTC Form 4 filing?

The insider is Wendy Simpson, executive chairman and director of LTC Properties Inc. She reported an automatic tax-withholding disposition related to restricted stock vesting, rather than a discretionary buy or sell transaction in the open market.

How many LTC shares does Wendy Simpson hold after this transaction?

After the tax-withholding disposition, Wendy Simpson directly beneficially owns 370,993 shares of LTC Properties common stock. This figure reflects her holdings following the 7,326-share disposition associated with the restricted stock vesting event.

Was the LTC insider transaction a tax-withholding event or an open-market sale?

The transaction was a tax-withholding event, not an open-market sale. Shares were withheld to satisfy tax obligations upon vesting of a previously reported restricted stock grant, as indicated by transaction code F and the accompanying explanatory footnote.

What does transaction code F mean in the LTC Form 4 filing?

Transaction code F indicates payment of tax liability or exercise price by delivering securities. In this LTC filing, 7,326 shares were disposed of to cover tax withholding triggered by the vesting of an earlier reported restricted stock grant held by Wendy Simpson.

Is the LTC Form 4 transaction categorized as a buy or a sell?

It is categorized as a disposition for tax withholding, not a traditional buy or sell. The shares were surrendered to satisfy tax obligations related to restricted stock vesting, and are described as a tax-withholding disposition rather than an open-market trade.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/11/2026 - 05:49 PM EST 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^*

SIMPSON WENDY

(Last) (First) (Middle)

3011 TOWNSGATE ROAD

SUITE 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EXECUTIVE CHAIRMAN

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

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	02/09/2026		F(1)		7,326	D	$37.28	370,993	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:

1. Represents tax withholding on vesting of previously reported restricted stock grant.

	/s/ Wendy Simpson	02/10/2026
	** 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.