Gruber David L 4

What Happened
Director David L. Gruber acquired 7,000 shares of LTC Properties (LTC) on 2026-03-05 in a purchase transaction at $38.00 per share, for a total value of roughly $266,000. The filing notes 627 of the shares were acquired under LTC Properties' dividend reinvestment plan; the remainder appears to be an open-market purchase. This is a purchase (insider buying) rather than a sale.

Key Details

• Transaction date and price: 2026-03-05 at $38.00 per share.
• Shares acquired: 7,000 shares; transaction value ≈ $266,000.
• Footnote: 627 shares acquired via LTC Properties' dividend reinvestment plan (DRIP).
• Shares owned after the transaction: not specified in the provided filing.
• Filing date: 2026-03-06 (timely filing; no late-file indication).

Context
Insider purchases can be viewed as a positive signal because executives or directors are adding to their holdings, but they are only one data point and do not by themselves indicate future performance. The mix of DRIP shares and open-market purchases simply reflects reinvestment of dividends plus additional buying.