SHELLEY-KESSLER PAMELA 4

What Happened

• Pamela Shelley-Kessler, Co‑President and Co‑CEO of LTC Properties (LTC), had 3,246 shares withheld to satisfy tax withholding on the vesting of previously granted restricted stock. The filing reports the shares were valued at $37.28 each for a total of $121,011. The underlying transaction date was Feb 9, 2026; the Form 4 was filed Feb 11, 2026.
• This was a tax-withholding disposition (transaction code F), not an open-market sale or new purchase.

Key Details

• Transaction date: 2026-02-09; Form 4 filed: 2026-02-11 (filed within standard two-business-day window).
• Shares withheld/disposed: 3,246 at $37.28 per share; total value reported: $121,011.
• Transaction code: F (tax withholding on vesting).
• Footnote: F1 — represents tax withholding on vesting of a previously reported restricted stock grant.
• Shares owned after the transaction: not disclosed in the filing.

Context

• Withholding shares to cover taxes when restricted stock vests is a routine administrative action and is reported as a disposition; it does not necessarily indicate an open-market sale or a change in the insider’s investment view.