Form 4: Ladder Capital Corp Executive Kelly Amanda Porcella Reports Stock Disposal
SEC Form 4 Filing
Kelly Amanda Porcella, Chief Administrative Officer & General Counsel of Ladder Capital Corp, reports disposing of shares to cover tax obligations.
Summary
- On February 11, 2025, Kelly Amanda Porcella, Chief Administrative Officer & General Counsel of Ladder Capital Corp, reported a transaction involving Class A Common Stock.
- Porcella disposed of 9,991 shares at a price of $11.06 per share to cover tax obligations.
- Following the transaction, Porcella directly owns 198,360 shares of Ladder Capital Corp.
- The transaction was reported on February 12, 2025.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reflects a routine transaction for tax purposes.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their transactions in company stock. This filing indicates a sale of shares by an executive, which is a common occurrence for covering tax obligations related to stock-based compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Date of transaction: Disposal of Class A Common Stock |
| 02/12/2025 | Date of report filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.