Form 4: Ladder Capital Corp CFO Paul J. Miceli Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Paul J. Miceli, CFO of Ladder Capital Corp, disposed of 17,962 shares of Class A Common Stock on February 25, 2025, to satisfy tax obligations.
Summary
- This Form 4 filing reports a change in beneficial ownership of Ladder Capital Corp shares by Paul J. Miceli, the Chief Financial Officer.
- On February 25, 2025, Miceli disposed of 17,962 shares of Class A Common Stock at a price of $11.68 per share.
- This transaction was executed to cover tax obligations.
- Following the transaction, Miceli directly owns 254,618.142 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider trading. The transaction itself (disposal of shares for tax obligations) is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of transaction: Paul J. Miceli disposed of shares. |
| 02/27/2025 | Date of signature on the Form 4 filing. |
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