LTC PROPERTIES INC — Form 8-K

LTC Properties, Inc. (REIT, market cap ~$1.6B) executed an Equity Distribution Agreement on August 6, 2026, with 8 agents/forward sellers (Citizens JMP, KeyBanc, Wells Fargo, Huntington, RBC, BTIG, Nomura, MT Securities) to offer up to $500 million in common stock via at-the-market sales and forward contracts. The company may sell shares directly or through forward sale agreements (borrowed shares sold short, hedging structures). Commission rates cap at 2.0% for agents and forward hedge sellers. No specific number of shares or pricing disclosed; sales amount and structure determined by company at its discretion via placement notices, with flexibility to suspend.