CHIKHALE CAROLINE 4

What Happened
Caroline Chikhale, EVP, Chief Financial Officer & Treasurer of LTC Properties (LTC), surrendered 1,702 shares on 2026-02-09 to satisfy tax withholding related to vested restricted stock. The shares were valued at $37.28 each, for a total disposition of $63,451. This was a tax-withholding disposition (code F), not an open‑market sale or new purchase.

Key Details

• Transaction date and price: 2026-02-09 at $37.28 per share.
• Shares disposed: 1,702; transaction code F (tax withholding).
• Total value of shares surrendered: $63,451.
• Shares owned after the transaction: Not disclosed in the Form 4 filing.
• Footnote: F1 — represents tax withholding on vesting of a previously reported restricted stock grant.
• Filing: Report filed 2026-02-11 (timely within the usual two-business-day window).

Context
This was a routine tax withholding event when restricted stock vested — the company or insider withheld/surrendered shares to cover tax obligations. Such disposals are administrative and do not necessarily indicate the insider’s view on the stock.