---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-084385"
form_type: "8-K"
ticker: "LTC"
cik: "0000887905"
company_name: "LTC PROPERTIES INC"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:36:46.012169+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# LTC Properties elects David Gruber to Board, adding capital markets expertise

## Summary
- David Gruber elected to LTC Board effective July 25, 2023; board expands from six to seven members.
- Gruber, former Managing Director and Head of Equity Capital Markets at KeyBanc Capital Markets, brings 20+ years of experience.
- He led over 1,100 equity transactions, raising more than $500 billion in capital.
- Gruber to serve on ESG, Compensation, and Investment Committees; receives 3,000 restricted shares vesting in one year.
- Compensation aligns with other non-employee directors; no material interests or family relationships disclosed.

## SEC filing metadata
- accession: 0001104659-23-084385
- form_type: 8-K
- ticker: LTC
- cik: 0000887905
- company_name: LTC PROPERTIES INC
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/887905/000110465923084385/0001104659-23-084385-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887905/000110465923084385/tm2322041d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-084385
- JSON: https://secwatch.observer/filing/0001104659-23-084385.json
- Plain text: https://secwatch.observer/filing/0001104659-23-084385.txt

## Key facts
- Executive change
  David Gruber was elected as Director at LTC PROPERTIES INC.
  - Action: elected
  - Role: Director
  source text: On July 25, 2023, the Board of Directors of LTC Properties, Inc. elected Mr. David Gruber to the Board effective July 25, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/887905/000110465923084385/0001104659-23-084385-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.