secwatch.observer — SEC 8-K summary
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Issuer:     LTC PROPERTIES INC (LTC)
CIK:        0000887905
Form:       8-K
Filed at:   2022-10-05T23:59:59+00:00
Accession:  0001104659-22-106316
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Wendy Simpson adopts 10b5-1 plan to sell up to 83,672 shares of LTC common stock
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887905/000110465922106316/0001104659-22-106316-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887905/000110465922106316/tm2227158d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-106316

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer