other material
confidence high
sentiment neutral
materiality 0.30
CEO Wendy Simpson adopts 10b5-1 plan to sell up to 83,672 shares of LTC common stock
LTC PROPERTIES INC
- CEO Wendy Simpson entered into a 10b5-1 plan for sale of up to 83,672 shares of LTC common stock.
- Sales occur from Oct 7 to Nov 1, 2022, or until shares sold or plan terminated.
- After sales, Simpson's ownership will still substantially exceed company stock ownership guidelines.
- Plan provides liquidity and diversification; Simpson retains no discretion over sales.