Form 4: Douglas Durst Reports Changes in Beneficial Ownership of Ladder Capital Corp Shares

Douglas Durst, a director of Ladder Capital Corp, reports acquiring shares and disclaims beneficial ownership of a significant number of shares held indirectly.

Summary

• On February 18, 2025, Douglas Durst, a director of Ladder Capital Corp, reported changes in his beneficial ownership of the company's stock.
• He acquired 6,438 shares of Class A Common Stock at $0.00 per share.
• Following the transaction, he directly owns 65,758 shares.
• He also disclaims beneficial ownership of 3,537,349 shares held indirectly by The Durst Company LLC, which is indirectly held by trusts for the benefit of the Reporting Person and family members of the Reporting Person.
• Investment decisions regarding these shares are made by The Durst Manager LLC, indirectly controlled by Mr. Durst.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing reporting a transaction. The acquisition of shares could be seen as slightly positive, but the disclaimer of beneficial ownership balances it out.

Positives

• The acquisition of shares by a director could be seen as a positive signal.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.

Stakeholder Impact

• The transaction could have a minor impact on shareholder sentiment.

Key Dates

Keywords

beneficial ownership, Ladder Capital Corp, Form 4, Douglas Durst, shares, stock, director