Form 4: Ladder Capital Corp Director McCormack Reports Stock Transaction

Pamela McCormack, a director and President of Ladder Capital Corp, reports a transaction involving Class A Common Stock on February 11, 2025.

Summary

• On February 11, 2025, Pamela McCormack, a Director and President of Ladder Capital Corp, reported a transaction involving Class A Common Stock.
• 52,230 shares were disposed of at a price of $11.06.
• Following the transaction, McCormack directly owns 145,423 shares of Class A Common Stock.
• McCormack also indirectly owns 253,600 shares through McCormack Investors LLC and 548,863 shares through Trusts.
• McCormack disclaims beneficial ownership of shares held by McCormack Investors LLC.

Sentiment

Score: 5

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

Management Comments

• The Reporting Person disclaims beneficial ownership of the shares held by McCormack Investors LLC, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of shares held by McCormack Investors LLC for purposes of Section 16 or for any other purpose.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a publicly traded company buy or sell the company's securities.

Stakeholder Impact

• The transaction may be of interest to shareholders as it provides insight into the actions of a company insider.

Key Dates