Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-14

LTC Properties, Inc. (LTC)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$4,027,538
Pamela Shelley-Kessler total, FY2025
23rd
CEO pay percentile vs peers
12.7:1
CEO-to-median pay ratio
96.24%
Say-on-pay support, latest vote
Companies that benchmark against LTC
21 companies name LTC as a compensation peer

Each company listed discloses LTC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named LTC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Pamela Shelley-Kessler$650,000$0$2,250,000$0$1,117,188$0$10,350$4,027,538
Co-President and Co-Chief Executive Officer
Clint Malin650,00002,250,00001,117,18809,5374,026,725
Co-President and Co-Chief Executive Officer
Caroline Chikhale450,0000800,0000556,875010,3501,817,225
Executive Vice President, Chief Financial Officer, Treasurer and Corporate Secretary
John Satterwhite380,0000600,0000470,250010,3501,460,600
Executive Vice President, Asset Management
Wendy Simpson500,000000515,62508,6001,024,225
Executive Chairman
David Boitano348,7180200,0000438,28100986,999
Executive Vice President and Chief Investment Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Pamela Shelley-Kessler$4,027,538$2,682,850$2,653,045+1,344,688
Clint Malin4,026,7252,682,8502,650,747+1,343,875
Caroline Chikhale1,817,2251,314,478+502,747
John Satterwhite1,460,600
Wendy Simpson1,024,2255,080,1505,248,068−4,055,925
David Boitano986,999

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
David L. GruberDirector2026-05-20A4,000$38$153,640CommonForm 4 ↗
Timothy J. Triche, MDDirector2026-05-20A3,07739120,003CommonForm 4 ↗
David L. GruberDirector2026-05-20A3,07739120,003CommonForm 4 ↗
Bradley J. PreberDirector2026-05-20A3,07739120,003CommonForm 4 ↗
Jeffrey C. HawkenDirector2026-05-20A3,07739120,003CommonForm 4 ↗
Cornelia ChengDirector2026-05-20A3,07739120,003CommonForm 4 ↗
David BoitanoEVP & CIO2026-06-04A5,00035173,450CommonForm 4 ↗
David BoitanoEVP & CIO2026-06-04A5,00035174,250CommonForm 4 ↗
Timothy J. Triche, MDDirector2026-07-13D3,12540123,563CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Pamela Shelley-KesslerPSU2025-02-198,42816,85633,712$562,500
Pamela Shelley-KesslerRSA2025-02-1932,2531,125,000
Pamela Shelley-KesslerPSU2025-02-19562,500609,375812,5001,421,875
David BoitanoRSA2025-02-195,626200,000
Caroline ChikhalePSU2025-02-19200,000303,750405,000708,750
Clint MalinRSA2025-02-1932,2531,125,000
Clint MalinPSU2025-02-19562,500609,375812,5001,421,875
Clint MalinPSU2025-02-198,42816,85633,712562,500
Caroline ChikhalePSU2025-02-192,9975,99311,986200,000
Caroline ChikhaleRSA2025-02-1911,468400,000
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Pamela Shelley-Kessler$0$1,984,375$0100.0%
Caroline Chikhale0908,7500100.0%
Clint Malin01,984,3750100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Wendy SimpsonPSU87,167$2,996,801
John SatterwhitePSU18,776645,519
Caroline ChikhalePSU25,245867,923
David BoitanoRSU5,626193,422
Caroline ChikhaleRSU21,718746,665
John SatterwhiteRSU16,179556,234
Pamela Shelley-KesslerRSU55,0331,892,035
Pamela Shelley-KesslerPSU75,9962,612,742
Clint MalinPSU75,9962,612,742
Clint MalinRSU55,0331,892,035
Wendy SimpsonRSU45,2411,555,386
05

Incentive-plan design — the Compensation Discussion & Analysis

An executive's salary, bonuses, incentive compensation and other benefit programs should reflect their role, our company's performance, and the executive's individual experience in the role, performance and effort. Compensation should provide a financial interest in our company that parallels the financial interests of our stockholders.

CEO STI target (% of salary)125%
CEO LTI target (% of salary)
Independent consultantFrederic W. Cook & Co., Inc.
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2031,454,0301,228,903106,96796.24%Passed
20252025-05-2829,547,6531,525,296131,53895.09%Passed
20242024-05-2226,560,0952,046,843150,62392.84%Passed
20232023-05-2426,542,6371,378,871135,27295.06%Passed
20222022-05-2520,926,1111,924,972177,21091.58%Passed
20212021-05-2623,936,5641,480,737153,41894.17%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2096.24%a
20252025-05-2895.09%b
20242024-05-2292.84%c

a. Approved under the standard stated in the filing — “For purposes of the vote on Proposal 2, abstentions and broker non-votes will not be counted as votes cast and this will have no effect on the result of the vote although they will count toward the presence of a quorum for Proposal ether with the following information: ◆ Stockholder's name and address, as they appear in our books and records.”.

b. Approved under the standard stated in the filing — “For purposes of the vote on Proposal 2, abstentions and broker non-votes will not be counted as votes cast and this will have no effect on the result of the vote although they will count toward the presence of a quorum for Proposal ether with the following information: ◆ Stockholder's name and address, as they appear in our books and records.”.

c. Approved under the standard stated in the filing — “Required Vote and Recommendation For purposes of the vote on Proposal 2, abstentions and broker non-votes will not be counted as votes cast and this will have no effect on the result of the vote although they will count toward the presence of a quorum for Proposal 2.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)12.7 : 1
CEO total compensation$4,027,538
Median employee compensation$318,000
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Timothy J. Triche, MDIndependent · Lead Independent Director · Audit · Compensation · Investment · Nominating & Corporate Governance (Chair) · Sustainability & Corporate Responsibility$127,500$110,000$0$0$0$237,500
Bradley J. PreberIndependent · Audit (Chair) · Compensation · Investment · Nominating & Corporate Governance · Sustainability & Corporate Responsibility115,000110,000000225,000
Cornelia ChengIndependent · Audit · Compensation · Investment · Nominating & Corporate Governance · Sustainability & Corporate Responsibility (Chair)115,000110,000000225,000
David L. GruberIndependent · Audit · Compensation · Investment (Chair) · Nominating & Corporate Governance · Sustainability & Corporate Responsibility115,000110,000000225,000
Jeffrey C. HawkenIndependent · Audit · Compensation (Chair) · Investment · Nominating & Corporate Governance · Sustainability & Corporate Responsibility · Partial-year service · Newly elected67,000110,000000177,000
Wendy L. SimpsonEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$70,000
Annual equity retainer$110,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)6,250 / 6,250 / 6,250
Stock ownership guideline5x annual retainer
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$539,500
Equity awards (grant-date value)$550,000
All other compensation$0
Total cost of the board$1,089,500

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies LTC Properties, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including LTC Properties, Inc..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Medical Properties Trust Inc.2025Edward Aldag, Jr.$1,250,000$10,745,109$0$3,125,000$15,898,816
2Omega Healthcare Investors, Inc.2025C. Taylor Pickett967,00011,248,49801,297,59314,020,475
3Healthcare Realty Trust Inc.2025Peter Scott534,09110,336,83101,984,50012,855,422
4EPR Properties2025Gregory Silvers933,4007,266,1550010,901,683
5CareTrust REIT, Inc.2025David Sedgwick1,000,0001,242,02207,750,00010,002,522
6Sabra Health Care REIT, Inc.2025Richard Matros1,000,0005,026,72102,526,0008,552,721
7Acadia Realty Trust2025Kenneth Bernstein850,0003,574,54402,486,8986,922,230
8American Healthcare REIT, Inc.2025Danny Prosky800,0004,355,8290840,0006,685,948
9LXP Industrial Trust2025T. Wilson Eglin840,0004,044,98201,442,4386,645,384
10Retail Opportunity Investments Corp.2023Stuart Tanz900,0004,096,63801,575,0006,626,718
11Broadstone Net Lease Inc.2025John Moragne600,0003,918,50601,187,7706,065,001
12Piedmont Office Realty Trust Inc.2025C. Brent Smith710,0003,766,34201,250,0005,757,342
13Sila Realty Trust2024Michael Seton825,0002,275,00001,949,0635,510,455
14Terreno Realty Corp.2025W. Blake Baird800,0004,603,498005,413,998
15NETSTREIT Corp.2025Mark Manheimer700,0003,194,41601,253,1755,165,527
16Innovative Industrial Properties, Inc.2025Paul Smithers1,120,3502,375,20301,216,3644,722,417
17LTC Properties, Inc.2025Pamela Shelley-Kessler650,0002,250,00001,117,1884,027,538
18Elme Communities2024Paul McDermott750,0002,081,6710990,0003,980,371
19National Health Investors, Inc.2025D. Eric Mendelsohn700,000586,720705,5751,650,0003,652,795
20Safehold, Inc.2025Jay Sugarman600,0001,950,000002,627,089
21Community Healthcare Trust Inc.2025David Dupuy666,6681,147,5020620,0012,448,171
22Chiron Real Estate Inc.2025Mark Decker, Jr.371,3891,148,5560222,8331,817,778

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
LTC Properties, Inc.137.5%RSU 50 · PSU 50Yes — Absolute TSRFrederic W. Cook & Co., Inc.
Acadia Realty Trust145%LTIP Units 100Yes — Relative TSR vs. Nareit Shopping Center IndexFerguson Partners Consulting (FPC)
American Healthcare REIT, Inc.150%RSU 50 · PSU 50Yes — Total Shareholder Return (TSR) relative to performance peer groupFerguson Partners Consulting, L.P.
Broadstone Net Lease Inc.198%PSU 60 · RSU 40Yes — Relative Total Shareholder Return vs rTSR Peer GroupFerguson Partners Consulting, L.P.
CareTrust REIT, Inc.310%PSU 50 · RSU 50Yes — Relative TSRPearl Meyer
Chiron Real Estate Inc.not disclosedLTIP Units 100YesFarient
Community Healthcare Trust Inc.62%PSU 65 · RSU 35Yes — Relative TSR vs. Peer GroupFerguson Partners Consulting
Elme Communitiesnot disclosednot disclosednot disclosedFerguson Partners Consulting L.P.
EPR Properties276.2%PSU 70 · RSU 30Yes — TSR vs. TSR of Triple-Net Peer GroupFerguson Partners Consulting L.P.
Healthcare Realty Trust Inc.147%PSU 60 · RSU 40Yes — Relative TSR compared to the TSR peer groupFerguson Partners
Innovative Industrial Properties, Inc.78%RSU 100not disclosedFrederic W. Cook & Co., Inc.
LXP Industrial Trustnot disclosedPSU 60 · RSU 40Yes — Relative TSR compared to MSCI US REIT IndexFerguson Partners Consulting, L.P.
Medical Properties Trust Inc.300%not disclosedYes — TSRGressle & McGinley
National Health Investors, Inc.150%not disclosednot disclosedFerguson Partners
NETSTREIT Corp.179.0%PSU 60 · RSU 40Yes — Absolute TSRFPC and Farient
Omega Healthcare Investors, Inc.149.0%PSU 60 · RSU 40Yes — Relative TSR vs. FTSE Nareit Equity Health Care IndexFerguson Partners Consulting L.P.
Piedmont Office Realty Trust Inc.117%PSU 60 · RSU 40Yes — Total Shareholder Return (TSR) relative to peersFerguson Partners Consulting L.P.
Retail Opportunity Investments Corp.not disclosednot disclosednot disclosedFTI Consulting Inc.
Sabra Health Care REIT, Inc.168.4%PSU 65 · RSU 35YesFW Cook
Safehold, Inc.77%not disclosedNoPay Governance
Sila Realty Trust175%PSU 50 · RSU 50NoFPC
Terreno Realty Corp.not disclosedPSU 65 · RSU 35Nonot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Pamela Shelley-KesslerDEF 14A2026-04-080001104659-26-040921Section “Summary Compensation Table” · page 54. As printed: 4,027,538. Filing ↗machine: t203 · r7 · c20 · span 1255138–1255147
2Section 01, Clint MalinDEF 14A2026-04-080001104659-26-040921Section “Summary Compensation Table” · page 54. As printed: 4,026,725. Filing ↗machine: t203 · r10 · c20 · span 1271994–1272003
3Section 01, Caroline ChikhaleDEF 14A2026-04-080001104659-26-040921Section “Summary Compensation Table” · page 54. As printed: 1,817,225. Filing ↗machine: t203 · r13 · c20 · span 1288494–1288503
4Section 01, John SatterwhiteDEF 14A2026-04-080001104659-26-040921Section “Summary Compensation Table” · page 54. As printed: 1,460,600. Filing ↗machine: t203 · r20 · c20 · span 1330677–1330686
5Section 01, Wendy SimpsonDEF 14A2026-04-080001104659-26-040921Section “Summary Compensation Table” · page 54. As printed: 1,024,225. Filing ↗machine: t203 · r4 · c20 · span 1238201–1238210
6Section 01, David BoitanoDEF 14A2026-04-080001104659-26-040921Section “Summary Compensation Table” · page 54. As printed: 986,999. Filing ↗machine: t203 · r17 · c20 · span 1312867–1312874
7Section 03, Pamela Shelley-Kessler PSUDEF 14A2026-04-080001104659-26-040921Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t186 · r5 · c5 · span 1052664–1052670
8Section 03, Pamela Shelley-Kessler RSADEF 14A2026-04-080001104659-26-040921Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t184 · r4 · c5 · span 1031409–1031415
9Section 03, Pamela Shelley-Kessler PSUDEF 14A2026-04-080001104659-26-040921Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t222 · r12 · c7 · span 1598240–1598247
10Section 03, David Boitano RSADEF 14A2026-04-080001104659-26-040921Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t184 · r7 · c5 · span 1036721–1036726
11Section 03, Caroline Chikhale PSUDEF 14A2026-04-080001104659-26-040921Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t222 · r20 · c7 · span 1650962–1650969
12Section 03, Clint Malin RSADEF 14A2026-04-080001104659-26-040921Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t184 · r5 · c5 · span 1033237–1033243
13Section 03, Clint Malin PSUDEF 14A2026-04-080001104659-26-040921Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t222 · r16 · c7 · span 1623975–1623982
14Section 03, Clint Malin PSUDEF 14A2026-04-080001104659-26-040921Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t186 · r6 · c5 · span 1054492–1054498
15Section 03, Caroline Chikhale PSUDEF 14A2026-04-080001104659-26-040921Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t186 · r7 · c5 · span 1056209–1056214
16Section 03, Caroline Chikhale RSADEF 14A2026-04-080001104659-26-040921Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t184 · r6 · c5 · span 1034893–1034899
17Section 07, pay ratioDEF 14A2026-04-080001104659-26-040921Section “CEO Pay Ratio”. As printed: 12.7 : 1. Filing ↗
18Section 08, Timothy J. Triche, MDDEF 14A2026-04-080001104659-26-040921Section “Director Compensation”. As printed: 237,500. Filing ↗machine: r7 · c9 · span 363889–363896
19Section 08, Bradley J. PreberDEF 14A2026-04-080001104659-26-040921Section “Director Compensation”. As printed: 225,000. Filing ↗machine: t34 · r6 · c9 · span 360977–360984
20Section 08, Cornelia ChengDEF 14A2026-04-080001104659-26-040921Section “Director Compensation”. As printed: 225,000. Filing ↗machine: t34 · r3 · c9 · span 351913–351920
21Section 08, David L. GruberDEF 14A2026-04-080001104659-26-040921Section “Director Compensation”. As printed: 225,000. Filing ↗machine: t34 · r4 · c9 · span 354993–355000
22Section 08, Jeffrey C. HawkenDEF 14A2026-04-080001104659-26-040921Section “Director Compensation”. As printed: 177,000. Filing ↗machine: t34 · r5 · c9 · span 357825–357832
23Section 08, Wendy L. SimpsonDEF 14A2026-04-080001104659-26-040921Section “Director Compensation”. As printed: 0. Filing ↗
24Section 02, David L. Gruber 2026-05-20Form 42026-05-220001987058-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Timothy J. Triche, MD 2026-05-20Form 42026-05-220001198426-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, David L. Gruber 2026-05-20Form 42026-05-220001987058-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Bradley J. Preber 2026-05-20Form 42026-05-220002024720-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Jeffrey C. Hawken 2026-05-20Form 42026-05-220001214278-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Cornelia Cheng 2026-05-20Form 42026-05-220001855425-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, David Boitano 2026-06-04Form 42026-06-040001195679-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, David Boitano 2026-06-04Form 42026-06-040001195679-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Timothy J. Triche, MD 2026-07-13Form 42026-07-140001198426-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
33Section 06, 2026 voteForm 8-K2026-05-270001104659-26-066961Item 5.07 · say-on-pay result. As reported: 96.24% (votes for as printed: 31,454,030). Filing ↗
34Section 06, 2025 voteForm 8-K2025-06-030001104659-25-055972Item 5.07 · say-on-pay result. As reported: 95.09% (votes for as printed: 29,547,653). Filing ↗
35Section 06, 2024 voteForm 8-K2024-05-280001104659-24-065590Item 5.07 · say-on-pay result. As reported: 92.84% (votes for as printed: 26,560,095). Filing ↗
36Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
37Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
38Section 09b board cost (computed)ComputedcomputedCash 539,500 + equity 550,000 + all other 0 = 1,089,500, summed across the director compensation table rows.machine: formula: Σ = 1,089,500
39Medical Properties Trust Inc., Section 10b CEO totalDEF 14A2026-04-130001193125-26-152971CEO total compensation as printed in Medical Properties Trust Inc.'s own proxy. As printed: 15,898,816. Filing ↗machine: t152 · r3 · c14 · span 1825546–1825556
40Omega Healthcare Investors, Inc., Section 10b CEO totalDEF 14A2026-04-210001104659-26-045753CEO total compensation as printed in Omega Healthcare Investors, Inc.'s own proxy. As printed: 14,020,475. Filing ↗machine: t146 · r7 · c16 · span 1713701–1713711
41Healthcare Realty Trust Inc., Section 10b CEO totalDEF 14A2026-04-070001360604-26-000032CEO total compensation as printed in Healthcare Realty Trust Inc.'s own proxy. As printed: 12,855,422. Filing ↗machine: r2 · c21 · span 598192–598203
42EPR Properties, Section 10b CEO totalDEF 14A2026-03-260001045450-26-000016CEO total compensation as printed in EPR Properties's own proxy. As printed: 10,901,683. Filing ↗machine: r3 · c45 · span 794198–794208
43CareTrust REIT, Inc., Section 10b CEO totalDEF 14A2026-03-130001628280-26-017386CEO total compensation as printed in CareTrust REIT, Inc.'s own proxy. As printed: 10,002,522. Filing ↗machine: r3 · c21 · span 586779–586789
44Sabra Health Care REIT, Inc., Section 10b CEO totalDEF 14A2026-04-240001193125-26-175398CEO total compensation as printed in Sabra Health Care REIT, Inc.'s own proxy. As printed: 8,552,721. Filing ↗machine: span 570037–570046
45Acadia Realty Trust, Section 10b CEO totalDEF 14A2026-03-310001193125-26-134606CEO total compensation as printed in Acadia Realty Trust's own proxy. As printed: 6,922,230. Filing ↗machine: span 777495–777504
46American Healthcare REIT, Inc., Section 10b CEO totalDEF 14A2026-04-090001193125-26-149677CEO total compensation as printed in American Healthcare REIT, Inc.'s own proxy. As printed: 6,685,948. Filing ↗machine: r3 · c25 · span 905119–905128
47LXP Industrial Trust, Section 10b CEO totalDEF 14A2026-04-030000910108-26-000015CEO total compensation as printed in LXP Industrial Trust's own proxy. As printed: 6,645,384. Filing ↗machine: t65 · r2 · c15 · span 653567–653576
48Retail Opportunity Investments Corp., Section 10b CEO totalDEF 14A2024-03-220001407623-24-000062CEO total compensation as printed in Retail Opportunity Investments Corp.'s own proxy. As printed: 6,626,718. Filing ↗machine: r2 · c42 · span 607173–607182
49Broadstone Net Lease Inc., Section 10b CEO totalDEF 14A2026-03-200001424182-26-000025CEO total compensation as printed in Broadstone Net Lease Inc.'s own proxy. As printed: 6,065,001. Filing ↗machine: span 1494368–1494377
50Piedmont Office Realty Trust Inc., Section 10b CEO totalDEF 14A2026-03-180001174947-26-000393CEO total compensation as printed in Piedmont Office Realty Trust Inc.'s own proxy. As printed: 5,757,342. Filing ↗machine: r1 · c6 · span 848772–848781
51Sila Realty Trust, Section 10b CEO totalDEF 14A2025-04-040001567925-25-000036CEO total compensation as printed in Sila Realty Trust's own proxy. As printed: 5,510,455. Filing ↗machine: span 1479805–1479814
52Terreno Realty Corp., Section 10b CEO totalDEF 14A2026-03-200001193125-26-116759CEO total compensation as printed in Terreno Realty Corp.'s own proxy. As printed: 5,413,998. Filing ↗machine: t94 · r2 · c23 · span 345620–345629
53NETSTREIT Corp., Section 10b CEO totalDEF 14A2026-04-010001628280-26-022557CEO total compensation as printed in NETSTREIT Corp.'s own proxy. As printed: 5,165,527. Filing ↗machine: r2 · c13 · span 1458631–1458640
54Innovative Industrial Properties, Inc., Section 10b CEO totalDEF 14A2026-04-220001628280-26-026588CEO total compensation as printed in Innovative Industrial Properties, Inc.'s own proxy. As printed: 4,722,417. Filing ↗machine: span 584381–584390
55LTC Properties, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-080001104659-26-040921CEO total compensation as printed in LTC Properties, Inc.'s own proxy. As printed: 4,027,538. Filing ↗machine: t203 · r7 · c20 · span 1255138–1255147
56Elme Communities, Section 10b CEO totalDEF 14A2025-04-170000104894-25-000041CEO total compensation as printed in Elme Communities's own proxy. As printed: 3,980,371. Filing ↗machine: r3 · c27 · span 631991–632000
57National Health Investors, Inc., Section 10b CEO totalDEF 14A2026-04-030000877860-26-000098CEO total compensation as printed in National Health Investors, Inc.'s own proxy. As printed: 3,652,795. Filing ↗machine: r2 · c30 · span 507264–507273
58Safehold, Inc., Section 10b CEO totalDEF 14A2026-03-310001104659-26-037873CEO total compensation as printed in Safehold, Inc.'s own proxy. As printed: 2,627,089. Filing ↗machine: t261 · r5 · c14 · span 822150–822159
59Community Healthcare Trust Inc., Section 10b CEO totalDEF 14A2026-03-120001631569-26-000021CEO total compensation as printed in Community Healthcare Trust Inc.'s own proxy. As printed: 2,448,171. Filing ↗machine: t78 · r5 · c14 · span 606124–606133
60Chiron Real Estate Inc., Section 10b CEO totalDEF 14A2026-04-080001104659-26-040956CEO total compensation as printed in Chiron Real Estate Inc.'s own proxy. As printed: 1,817,778. Filing ↗machine: t115 · r2 · c23 · span 428747–428756
61Section 10a, Medical Properties Trust Inc. reciprocityDEF 14A0001193125-26-152971Medical Properties Trust Inc.'s most recent proxy was read; its disclosed peer group does not include LTC Properties, Inc.. Filing ↗
62Section 10a, Elme Communities reciprocityDEF 14A0000104894-25-000041Elme Communities's most recent proxy was read; its disclosed peer group does not include LTC Properties, Inc.. Filing ↗
63Section 10a, LXP Industrial Trust reciprocityDEF 14A0000910108-26-000015LXP Industrial Trust's most recent proxy was read; its disclosed peer group does not include LTC Properties, Inc.. Filing ↗
64Section 10a, Retail Opportunity Investments Corp. reciprocityDEF 14A0001407623-24-000062Retail Opportunity Investments Corp.'s most recent proxy was read; its disclosed peer group does not include LTC Properties, Inc.. Filing ↗
65Section 10a, National Health Investors, Inc. reciprocityDEF 14A0000877860-26-000098National Health Investors, Inc. names LTC Properties, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
66Section 10a, Healthcare Realty Trust Inc. reciprocityDEF 14A0001360604-26-000032Healthcare Realty Trust Inc. names LTC Properties, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
67Section 10a, Sila Realty Trust reciprocityDEF 14A0001567925-25-000036Sila Realty Trust names LTC Properties, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
68Section 10a, EPR Properties reciprocityDEF 14A0001045450-26-000016EPR Properties's most recent proxy was read; its disclosed peer group does not include LTC Properties, Inc.. Filing ↗
69Section 10a, NETSTREIT Corp. reciprocityDEF 14A0001628280-26-022557NETSTREIT Corp.'s most recent proxy was read; its disclosed peer group does not include LTC Properties, Inc.. Filing ↗
70Section 10a, Broadstone Net Lease Inc. reciprocityDEF 14A0001424182-26-000025Broadstone Net Lease Inc. names LTC Properties, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
71Section 10a, Terreno Realty Corp. reciprocityDEF 14A0001193125-26-116759Terreno Realty Corp.'s most recent proxy was read; its disclosed peer group does not include LTC Properties, Inc.. Filing ↗
72Section 10a, American Healthcare REIT, Inc. reciprocityDEF 14A0001193125-26-149677American Healthcare REIT, Inc. names LTC Properties, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
73Section 10a, Chiron Real Estate Inc. reciprocityDEF 14A0001104659-26-040956Chiron Real Estate Inc. names LTC Properties, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
74Section 10a, Acadia Realty Trust reciprocityDEF 14A0001193125-26-134606Acadia Realty Trust's most recent proxy was read; its disclosed peer group does not include LTC Properties, Inc.. Filing ↗
75Section 10a, Omega Healthcare Investors, Inc. reciprocityDEF 14A0001104659-26-045753Omega Healthcare Investors, Inc.'s most recent proxy was read; its disclosed peer group does not include LTC Properties, Inc.. Filing ↗
76Section 10a, Sabra Health Care REIT, Inc. reciprocityDEF 14A0001193125-26-175398Sabra Health Care REIT, Inc. names LTC Properties, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
77Section 10a, Community Healthcare Trust Inc. reciprocityDEF 14A0001631569-26-000021Community Healthcare Trust Inc. names LTC Properties, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
78Section 10a, Piedmont Office Realty Trust Inc. reciprocityDEF 14A0001174947-26-000393Piedmont Office Realty Trust Inc. names LTC Properties, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
79Section 10a, Innovative Industrial Properties, Inc. reciprocityDEF 14A0001628280-26-026588Innovative Industrial Properties, Inc.'s most recent proxy was read; its disclosed peer group does not include LTC Properties, Inc.. Filing ↗