LTC Properties, Inc. filings document the reporting profile of a Maryland healthcare real estate investment trust with common stock listed on the New York Stock Exchange under LTC. Form 8-K reports furnish quarterly operating results, supplemental financial packages, Regulation FD disclosures, material agreements and completed property acquisition or disposition activity.
Proxy filings describe board elections, executive compensation, equity awards and shareholder voting matters. Other disclosures address credit agreements, line-of-credit funding, at-the-market common stock activity, capital structure, registered securities and governance topics tied to LTC's seniors housing, skilled nursing, SHOP, triple-net lease, joint venture and structured finance investments.
LTC Properties, Inc. is a health care REIT focused on seniors housing and skilled nursing, with a $2.0 billion investment portfolio at carrying value as of December 31, 2025. The portfolio includes triple-net leased properties, a new SHOP operating segment, mortgage loans, financing receivables, notes receivable and joint ventures.
In 2025 LTC launched a RIDEA-based SHOP segment, which now operates 25 seniors housing communities managed by seven third-party operators and contributed $18.0 million of NOI, or 8.8% of total portfolio NOI. The Real Estate Investments segment, anchored by triple-net leases and financing structures, remains the primary earnings driver.
Management highlights heavy exposure to health care regulation, Medicare and Medicaid reimbursement, operator concentration and financial health, inflation, public health crises, and environmental and cybersecurity risks. LTC also outlines REIT qualification requirements, leverage and covenant constraints, and the need for ongoing access to capital to fund growth and maintain dividends.
LTC Properties reported a strong Q4 2025, with total revenues rising to $84.3M from $52.6M, driven by its seniors housing operating portfolio (SHOP) strategy. Net income available to common stockholders increased to $101.6M, or $2.11 diluted EPS, boosted by a $78.1M gain on real estate sales.
On an operating basis, diluted Core FFO per share grew to $0.70 from $0.65, and diluted Core FAD per share rose to $0.73 from $0.66, supporting the dividend. For 2026, LTC guides to diluted EPS of $1.80–$1.84, Core FFO of $2.75–$2.79 per share, and Core FAD of $2.82–$2.86, reflecting continued SHOP-driven growth.
CO-PRESIDENT & CO-CEO Clint B. Malin of LTC Properties Inc received a grant of 33,466 shares of common stock on February 19, 2026 at $38.92 per share and had 5,801 shares withheld in a tax-withholding disposition. After these transactions, he directly holds 212,387 shares of common stock.
The disclosure notes that restricted stock grants vest equally over three years based on continued employment at each vesting date and that some shares represent tax withholding on vesting of a previously reported restricted stock grant.
Caroline Chikhale, EVP, CFO & Treasurer of LTC Properties, reported routine stock-based compensation activity. On February 19, 2026, she received a restricted stock grant of 13,618 common shares at $38.92 per share, which vest equally over three years, subject to continued employment.
On the same date, 2,062 shares were disposed of for tax withholding upon vesting of a previously reported restricted stock grant, rather than through an open-market sale. Following these transactions, directly owned common shares increased to 64,011.
LTC Properties Inc Co-President and Co-CEO Pamela Shelley-Kessler reported equity compensation-related transactions in company common stock. On February 19, 2026, 5,089 shares were disposed of in a tax-withholding disposition tied to the vesting of a previously reported restricted stock grant at a reference price of $38.92 per share. On the same date, she acquired a grant/award of 33,466 restricted shares at the same reference price, which will vest in equal installments over three years based on her continued employment at each vesting date. After these transactions, she directly held 220,541 common shares, and an additional 1,000 shares were held indirectly through a spouse IRA.
LTC Properties Inc Executive Chairman Wendy Simpson reported a routine tax-related share disposition. On February 13, 2026, she transferred 8,635 shares of common stock at $39.39 per share to cover taxes due on the vesting of a previously reported restricted stock grant. After this tax-withholding transaction, she directly owned 362,358 shares of LTC Properties common stock.
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.
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.
SHELLEY-KESSLER PAMELA reported disposition transactions in a Form 4 filing for LTC. The filing lists transactions totaling 3,852 shares at a weighted average price of $39.39 per share. Following the reported transactions, holdings were 192,164 shares.
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.