Form 4: Ladder Capital Corp Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Robert Perelman, Head of Asset Management at Ladder Capital Corp, disposed of shares to cover tax obligations arising from vesting of restricted stock.
Summary
- On February 25, 2025, Robert Perelman, Head of Asset Management at Ladder Capital Corp, disposed of 18,508 shares of Class A Common Stock.
- The shares were disposed of to cover tax obligations.
- The price per share was $11.68.
- Following the transaction, Perelman directly owns 388,739 shares of Ladder Capital Corp.
- The transaction was reported on February 27, 2025.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a transaction to cover tax obligations, which is a common and expected occurrence.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading by corporate insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of transaction: Robert Perelman disposed of shares. |
| 02/27/2025 | Date of Form 4 filing. |
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