Form 4: Ladder Capital Corp Director McCormack Reports Gift of Shares

Pamela McCormack, a Director and President of Ladder Capital Corp, reported a gift of 215,000 Class A Common Stock shares from a trust to McCormack Investors LLC on March 10, 2025.

Summary

• On March 10, 2025, Pamela McCormack, a Director and President of Ladder Capital Corp, filed a Form 4.
• The filing reports a gift of 215,000 shares of Class A Common Stock.
• The shares were transferred from The Brian J. McCormack Revocable Living Trust to McCormack Investors LLC.
• Following the transaction, McCormack directly owns 195,881 shares of Class A Common Stock.
• McCormack also indirectly owns 433,157 shares through The Pamela L. McCormack Revocable Living Trust and The Brian J. McCormack Revocable Living Trust, and 468,600 shares through McCormack Investors LLC.
• McCormack disclaims beneficial ownership of the shares held by McCormack Investors LLC.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates