SCHEDULE 13D/A: Ladder Capital Executive Boosts Stake to 6.8%

Sentiment:

Beneficial Ownership Update


Brian Harris, a key executive at Ladder Capital Corp, increased his beneficial ownership to 6.8% through open market purchases and a significant equity grant.

Summary

  • Brian Harris, a reporting person, beneficially owns 8,708,733 shares of Ladder Capital Corp's Class A Common Stock.
  • This ownership represents 6.8% of the total 128,811,348 Class A Common Stock shares outstanding as of February 20, 2026.
  • On February 6, 2026, Mr. Harris purchased 5,000 shares in multiple open market transactions at prices ranging from $10.27 to $10.35 per share, using personal funds.
  • On February 18, 2026, the Issuer granted Mr. Harris an aggregate of 846,958 shares of Class A Common Stock for no consideration.
  • Of the granted shares, 333,278 were withheld by the Issuer to cover associated taxes.
  • Mr. Harris holds sole voting and dispositive power over 528,768 shares and shared voting and dispositive power over 8,179,965 shares through various trusts and investment entities where he serves as trustee, general partner, or sole voting member.

Sentiment

Score: 8

Explanation: StockSavvy.ai views this as a positive development, as increased insider ownership through both purchases and grants typically signals strong management confidence and alignment with shareholder interests, which can be a bullish indicator.

Positives

  • Increased insider ownership by a key executive, Brian Harris, signals confidence in Ladder Capital Corp's future prospects.
  • A significant equity grant of 846,958 shares aligns management's interests further with shareholders, demonstrating commitment to the company's long-term performance.

Future Outlook

This filing does not contain specific forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

StockSavvy.ai notes that increased insider ownership, particularly through open market purchases and significant equity grants, is often viewed positively by the market as it indicates strong alignment between management and shareholder interests. This trend is generally seen as a vote of confidence in the company's future prospects within the real estate finance sector.

Comparison to Industry Standards

  • Insider buying and equity grants are common practices across publicly traded companies, including those in the real estate finance industry, to incentivize and align executive management.
  • A 6.8% beneficial ownership stake for an executive is a substantial holding, often exceeding the average executive ownership percentages seen in many large-cap financial institutions, suggesting a high level of personal investment and commitment to Ladder Capital Corp.

Related Party Transactions

  • Mr. Harris's beneficial ownership includes shares held by the Betsy A. Harris 2012 Family Trust, Harris Investment Associates, L.P., Harris Investment Associates II, L.P., Shallow Alcove LLC, and Shallow Alcove II LLC, entities where Mr. Harris serves as trustee, general partner, or sole voting member.

Stakeholder Impact

  • Shareholders: Increased alignment of management's interests with shareholders due to higher personal stake, potentially leading to more shareholder-friendly decisions.
  • Employees: No direct impact mentioned, but strong insider confidence can indirectly boost morale.

Key Dates

DateDescription
December 21, 2015Original Schedule 13D filed with the SEC.
February 22, 2019Amendment No. 1 to Schedule 13D filed with the SEC.
July 2, 2020Amendment No. 2 to Schedule 13D filed with the SEC.
February 6, 2026Mr. Harris purchased 5,000 shares of Class A Common Stock in open market transactions.
February 18, 2026Issuer granted 846,958 shares of Class A Common Stock to Mr. Harris.
February 20, 2026Shares outstanding reported as of this date; Amendment No. 3 signed.

Recommendation

buy

The significant increase in beneficial ownership by a key executive, Brian Harris, through both open market purchases and a substantial equity grant, demonstrates strong confidence in Ladder Capital Corp's future. This insider activity is generally a bullish signal, suggesting that management believes the stock is undervalued or has significant upside potential, making it an attractive buying opportunity for investors.

Keywords

Ladder Capital, Brian Harris, Beneficial Ownership, Insider Buying, Equity Grant, Schedule 13D, Common Stock, Real Estate Finance

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