Malin Clint B 4

What Happened

• Clint B. Malin, Co-President and Co-CEO of LTC Properties (LTC), was granted 33,466 restricted shares on 2026-02-19 valued at $38.92 each (total ~$1,302,497). On the same date 5,801 shares were withheld to satisfy tax withholding obligations at $38.92 per share (proceeds ~$225,775). The grant is recorded as an award (code A) and the withholding as a tax-related disposition (code F).

Key Details

• Transaction date: 2026-02-19; Filing date: 2026-02-20 (appears timely).
• Grant: 33,466 shares @ $38.92 = $1,302,497 (code A — restricted stock grant).
• Tax withholding: 5,801 shares @ $38.92 = $225,775 (code F — withholding on vesting).
• Shares owned after the transactions: not disclosed in the provided filing.
• Footnotes: F1 = withholding on vesting of a previously reported restricted stock grant; F2 = restricted stock vests equally over three years based on continued employment.

Context

• This was a restricted stock award (compensation), not an open-market purchase. The withholding of 5,801 shares is a routine tax-withholding (cashless) on vesting and should not be read as a discretionary sale by the insider. Restricted shares vest over three years, so future disclosures may show further vesting or withholding events.