Form 4: Ladder Capital Corp Executive Anthony Esposito Reports Stock Disposal
SEC Form 4 Filing
Anthony Esposito, Chief Accounting Officer of Ladder Capital Corp, reports disposing of 2,487 shares of Class A Common Stock to cover tax obligations.
Summary
- On February 26, 2024, Anthony Esposito, the Chief Accounting Officer of Ladder Capital Corp, disposed of 2,487 shares of Class A Common Stock.
- The transaction was executed at a price of $10.7 per share.
- This disposal was likely to cover tax obligations related to vesting of stock or option exercise.
- Following the transaction, Esposito directly owns 42,610 shares of Ladder Capital Corp.
- The transaction was reported on February 28, 2024.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. It doesn't indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of the US equity market and are required by the SEC to ensure transparency of trading by corporate insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of transaction: Anthony Esposito disposed of shares. |
| 02/28/2024 | Date of report filing. |
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