LTC Properties (LTC) co-CEO reports stock grant and tax withholding

Rhea-AI Filing Summary

LTC Properties CO-PRESIDENT & CO-CEO Clint B. Malin reported compensation-related stock activity involving the company’s common stock. On March 9, 2026, he received a grant of 33,226 shares tied to the vesting of a Performance Based Stock Unit Award at a value of $39.68 per share. On the same date, 17,926 shares were withheld at $39.68 per share to cover tax obligations on this vesting, a non-market disposition. After these transactions, Malin directly holds 227,687 shares of LTC Properties common stock. The filing reflects routine equity compensation and related tax withholding rather than open-market buying or selling.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Malin Clint B

Role CO-PRESIDENT & CO-CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	33,226	$39.68	$1.32M
Tax Withholding	Common Stock	17,926	$39.68	$711K

Holdings After Transaction: Common Stock — 245,613 shares (Direct)

Footnotes (1)

1. Vesting of Performance Based Stock Unit Award. Represents tax withholding on vesting of previously reported Performance Based Stock Unit Award.

Form 4 Insider Transactions: What Each Field Means →

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^*

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)
03/09/2026

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	03/09/2026		A(1)		33,226	A	$39.68	245,613	D
Common Stock	03/09/2026		F(2)		17,926	D	$39.68	227,687	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. Vesting of Performance Based Stock Unit Award.

2. Represents tax withholding on vesting of previously reported Performance Based Stock Unit Award.

	/s/ Clint Malin	03/09/2026
	** 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.

FAQ

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

LTC’s co-president and co-CEO Clint B. Malin reported equity compensation activity. He received 33,226 shares of common stock from a vested Performance Based Stock Unit Award, with a portion of those shares withheld to satisfy tax obligations.

How many LTC (LTC) shares were granted to Clint B. Malin in this Form 4?

Clint B. Malin was granted 33,226 shares of LTC Properties common stock. The award reflects the vesting of a previously reported Performance Based Stock Unit Award, recorded at a price of $39.68 per share on March 9, 2026.

Why were some LTC (LTC) shares disposed of in Clint B. Malin’s filing?

The disposition of 17,926 LTC shares was for tax withholding. These shares were delivered back at $39.68 per share to cover tax liability on the vesting award, not sold in an open-market transaction, making it a routine, non-market event.

What is Clint B. Malin’s LTC (LTC) share ownership after these transactions?

Following the reported grant and tax withholding, Clint B. Malin directly owns 227,687 shares of LTC Properties common stock. This total reflects his position after the vesting of the Performance Based Stock Unit Award and related share withholding.

Does the LTC (LTC) Form 4 show open-market buying or selling by Clint B. Malin?

The Form 4 does not show open-market buying or selling. It reports a stock grant from a vested performance-based award and a related tax-withholding share disposition, both typical components of equity compensation rather than discretionary market trades.