Form 4: Ladder Capital CEO Brian Harris Reports Changes in Beneficial Ownership

Brian Harris, CEO of Ladder Capital Corp, reports a disposition of Class A Common Stock due to tax withholding related to equity compensation.

Summary

• On February 26, 2024, Brian Harris, the CEO of Ladder Capital Corp, reported a transaction involving Class A Common Stock.
• The transaction involved the disposition of 212,565 shares at a price of $10.70.
• This disposition was related to tax withholding.
• Following the transaction, Harris directly owns 585,730 shares of Class A Common Stock.
• Harris also indirectly owns shares through Shallow Alcove LLC (1,048,394 shares), Betsy A. Harris 2012 Family Trust (4,793,623 shares), Harris Investment Associates, L.P. (400,540 shares), and Harris Investment Associates II, L.P. (1,020,084 shares).
• Harris disclaims beneficial ownership of these indirectly held securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock ownership changes, and does not contain information that would significantly impact sentiment positively or negatively.

Management Comments

• The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest, and this report should not be deemed an admission that the Reporting Person or any other person named herein is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Key Dates