Form 4: Ladder Capital CFO Sells Shares for Tax Obligations
Insider Transaction Report
Ladder Capital Corp's Chief Financial Officer, Paul J. Miceli, disposed of 13,381 shares of Class A Common Stock to cover tax liabilities.
Summary
- Paul J. Miceli, Chief Financial Officer of Ladder Capital Corp (LADR), reported a transaction involving the company's securities.
- On February 5, 2026, Miceli disposed of 13,381 shares of Class A Common Stock.
- The shares were disposed of at a price of $11.09 per share.
- This transaction was identified by transaction code 'F', indicating it was for the payment of tax liability by delivering or withholding securities.
- Following this reported transaction, Miceli beneficially owns 241,237.142 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. While it's a disposition of shares, the 'F' transaction code indicates it's for tax withholding, which is a standard part of executive compensation and not typically indicative of a change in sentiment towards the company.
Positives
- The transaction was for tax withholding purposes, which is a routine event for executives receiving equity compensation, rather than an open market sale indicating a lack of confidence.
Negatives
- A reduction in direct beneficial ownership by a key executive, even for tax purposes, slightly decreases their direct equity stake in the company.
Future Outlook
This filing, an SEC Form 4, does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those related to tax obligations, are common and generally do not reflect a change in the company's fundamental business operations or broader industry trends. This transaction is specific to an individual executive's compensation structure.
Stakeholder Impact
- Minimal direct impact on shareholders as this is a routine tax-related transaction by an executive.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/05/2026 | Date of earliest transaction where 13,381 shares of Class A Common Stock were disposed of. |
| 02/09/2026 | Date the Statement of Changes in Beneficial Ownership was signed. |
Recommendation
holdThis Form 4 filing details a routine tax-related disposition of shares by the CFO. It does not provide new information about the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as the filing itself does not present a compelling reason to buy or sell based solely on this transaction.
Keywords
Ladder Capital Corp, LADR, Paul J. Miceli, Chief Financial Officer, CFO, SEC Form 4, Insider Transaction, Stock Sale, Tax Withholding, Class A Common Stock
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