CHIKHALE CAROLINE 4

What Happened Caroline Chikhale, EVP, CFO & Treasurer of LTC Properties, received a restricted stock award that vested on Feb 19, 2026. The filing shows an acquisition of 13,618 shares at $38.92 each (value $530,013) and a simultaneous tax-withholding disposition of 2,062 shares at $38.92 (value $80,253). Net shares delivered to the insider after withholding: 11,556.

Key Details

• Transaction date: 2026-02-19; Filing date: 2026-02-20 (timely).
• Acquisition (code A): 13,618 shares @ $38.92 = $530,013 (restricted stock grant/vesting).
• Withholding (code F): 2,062 shares @ $38.92 = $80,253 (tax withholding on vesting).
• Net shares retained by insider: 11,556 (13,618 acquired − 2,062 withheld).
• Shares owned after the transactions: not specified in the provided excerpt of the filing.
• Footnotes: F1 = tax withholding on vesting of previously reported restricted stock; F2 = restricted stock grant that vests equally over three years based on continued employment.

Context This was an equity-compensation vesting event (restricted stock grant), not an open-market purchase or sale. The withholding of shares to cover taxes is a routine disposition and does not necessarily indicate a change in the insider's view of the company. The filing was submitted the next day and appears timely.