Form 4: Ladder Capital Director Sells Shares for Tax Planning

Ladder Capital Corp Director Jeffrey B. Steiner sold 19,481 shares of Class A Common Stock for personal tax and estate planning purposes.

Summary

• Jeffrey B. Steiner, a Director of Ladder Capital Corp (LADR), reported a sale of company stock.
• The transaction involved the disposition of 19,481 shares of Class A Common Stock.
• The shares were sold at a price of $10.89 per share.
• Following this transaction, Jeffrey B. Steiner beneficially owns 27,311 shares of Class A Common Stock.
• The sale was executed on October 27, 2025.
• The stated reason for the sale was for personal tax and estate planning purposes.

Sentiment

Score: 5

Explanation: The transaction is a director's sale of shares, which could be perceived negatively. However, the explicit explanation that the sale was for personal tax and estate planning purposes mitigates any negative signal regarding the company's future prospects, rendering the event neutral in sentiment.

Future Outlook

NA

Management Comments

• The sales reported were effected for personal tax and estate planning purposes.

Industry Context

This filing reports an individual insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders will note the director's reduced direct ownership in the company, though the stated reason for the sale is personal tax and estate planning.

Key Dates

Recommendation

The sale by Director Jeffrey B. Steiner is explicitly stated as being for personal tax and estate planning purposes, rather than reflecting a change in the company's fundamental outlook or performance. Therefore, it does not provide a strong signal for a buy or sell decision based solely on this transaction, warranting a 'hold' recommendation.

Keywords

Ladder Capital, LADR, Jeffrey B. Steiner, Insider Sale, Form 4, Director Transaction, Equity Sale, Tax Planning