4Filed Aug 12, 8:00 PM ET
LTC PROPERTIES (LTC) Director David L. Gruber Buys 4,000 Shares
$LTC · LTC PROPERTIES INCResearch Summary
AI-generated summary of this SEC filing
LTC PROPERTIES (LTC) Director David L. Gruber Buys 4,000 Shares
What Happened
- Director David L. Gruber purchased a total of 4,000 shares of LTC PROPERTIES, INC. (LTC) in open-market transactions: 3,500 shares on 2026-08-11 and 500 shares on 2026-08-12, each at $38.30 per share, for combined consideration of $153,200. Purchases (code P) are direct acquisitions and are generally viewed as a more bullish signal than sales.
Key Details
- Transaction dates and prices: 3,500 shares on 2026-08-11 @ $38.30; 500 shares on 2026-08-12 @ $38.30.
- Total shares acquired: 4,000; total reported value: $153,200.
- Footnote: Includes 689 shares acquired under LTC Properties, Inc.'s dividend reinvestment plan (DRIP), per the filing.
- Filing: Form 4 was filed on 2026-08-13 (within the typical two-business-day reporting window).
- Transaction code: P = Purchase (open-market acquisition).
- Shares owned after transaction: Not specified in the provided data (see the full Form 4 on SEC EDGAR for "Amount of Securities Beneficially Owned Following Reported Transaction").
Context
- These were straightforward open-market purchases (not options exercises, gifts, or awards). For retail investors, insider purchases can signal confidence but are only one data point; check broader insider activity and company fundamentals before drawing conclusions.