Form 4: Ladder Capital Corp 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, while maintaining significant direct and indirect ownership.

Summary

• On February 25, 2025, Brian Harris, the CEO of Ladder Capital Corp, reported a transaction involving Class A Common Stock.
• A total of 221,685 shares were disposed of at a price of $11.68 per share.
• This disposition was related to tax withholding.
• Following the transaction, Harris directly owns 927,412 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: This is a neutral report on stock transactions by an insider. It doesn't inherently indicate positive or negative sentiment about the company's performance.

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

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal given the relatively small number of shares involved compared to the total outstanding shares.

Key Dates