Malin Clint B 4

What Happened

• Clint B. Malin, Co-President & Co-CEO of LTC Properties, had 4,391 shares disposed on Feb 13, 2026 to satisfy tax withholding related to a previously reported restricted stock grant. The withholding was executed at $39.39 per share, totaling approximately $172,961. This was a tax-withholding/settlement of vested RSUs—not an open-market sale signaling a change in investment stance.

Key Details

• Transaction date and price: Feb 13, 2026 — 4,391 shares at $39.39 per share.
• Reported value: ~ $172,961 disposed to cover taxes.
• Transaction type/code: F — Payment of exercise price or tax liability (tax withholding on vesting).
• Footnote: F1 — Represents tax withholding on vesting of previously reported restricted stock grant.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Filing: Form 4 filed Feb 17, 2026 (covers period of report Feb 13, 2026) — filed on the due date (timely).

Context

• This was a routine tax-withholding event on vested restricted stock (net share settlement), not an open-market sale. Such withholdings are common and generally reflect tax obligations rather than a deliberate sale for investment reasons.