LTC Properties (LTC) co-CEO withholds 4,391 shares for taxes

Rhea-AI Filing Summary

LTC Properties Inc co-president and co-CEO Clint B. Malin reported a tax-withholding disposition of 4,391 shares of common stock on February 13, 2026 at $39.39 per share. The shares were withheld upon vesting of a previously reported restricted stock grant, and he now directly holds 184,722 shares.

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

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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^*

Malin Clint B

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CO-PRESIDENT & CO-CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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	02/13/2026		F(1)		4,391	D	$39.39	184,722	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/ Clint Malin	02/16/2026
	** 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).
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FAQ

What insider transaction did LTC (LTC) executive Clint B. Malin report?

Clint B. Malin reported a tax-withholding disposition of 4,391 shares of LTC Properties common stock. The transaction occurred on February 13, 2026, and was priced at $39.39 per share, tied to the vesting of a previously reported restricted stock grant.

Was the LTC (LTC) insider transaction a tax-withholding event?

Yes. The filing states the 4,391-share disposition represented tax withholding on vesting of a previously reported restricted stock grant. It is coded as a tax-withholding disposition, described as payment of a tax liability by delivering securities rather than a standard open-market trade.

How many LTC (LTC) shares does Clint B. Malin own after the transaction?

After the tax-withholding disposition, Clint B. Malin directly owns 184,722 shares of LTC Properties common stock. This figure is reported as the total shares beneficially owned following the February 13, 2026 transaction, reflecting his remaining direct equity stake in the company.

What price per share was used in Clint B. Malin’s LTC (LTC) tax-withholding transaction?

The reported price per share for the 4,391-share tax-withholding disposition was $39.39. This price is used to value the securities delivered to cover the tax liability associated with the vesting of the previously reported restricted stock grant at LTC Properties.

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

Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, 4,391 LTC Properties shares were disposed of to satisfy tax withholding obligations arising from the vesting of an earlier restricted stock grant to Clint B. Malin.