Satterwhite John Gibson 4

What Happened

• John Gibson Satterwhite, EVP, Asset Management at LTC Properties (LTC), had 7,714 performance-based restricted stock units vest on 2026-03-09 (code A). The award is valued at $39.68 per share for a total of $306,092.
• As a routine tax withholding on vesting (code F), 4,162 shares were surrendered at the same $39.68 price, totaling $165,148. Net shares retained from the vesting = 3,552 shares (net value ≈ $140,944).
• This was a vesting of awards rather than an open-market purchase or discretionary sale.

Key Details

• Transaction dates and prices: 2026-03-09 — Award of 7,714 shares @ $39.68 (total $306,092); Tax withholding disposition of 4,162 shares @ $39.68 (total $165,148).
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: F1 = Vesting of Performance Based Stock Unit Award. F2 = Shares surrendered to satisfy tax withholding on that vesting.
• Filing: Form filed 2026-03-10 reporting transactions on 2026-03-09; appears to be a standard, timely reporting of vesting.

Context

• This was a vesting event for performance-based RSUs, not an insider purchase signaling new bullishness. The F-code disposition is a routine tax withholding (common with equity compensation) and does not represent a market sale for investment purposes.
• For retail investors, award vesting shows executive compensation being realized but is not the same signal as an outright open-market buy or sell.