Form 4: Ladder Capital President Sells Shares for Tax Obligations

Pamela McCormack, President and Director of Ladder Capital Corp, disposed of 48,752 Class A Common Stock shares to cover tax withholding obligations.

Summary

• Pamela McCormack, President and Director of Ladder Capital Corp (LADR), reported a disposition of 48,752 shares of Class A Common Stock.
• The transaction occurred on February 5, 2026, at a price of $11.09 per share.
• The disposition was made to satisfy tax withholding obligations, indicated by transaction code 'F'.
• Following the transaction, Pamela McCormack directly owns 147,129 shares of Class A Common Stock.
• Additionally, 468,600 shares are indirectly held by McCormack Investors LLC, for which beneficial ownership is disclaimed.
• An additional 433,157 shares are indirectly held by The Pamela L. McCormack Revocable Living Trust and The Brian J. McCormack Revocable Living Trust.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine insider transaction for tax purposes, which typically has no significant impact on market sentiment or company valuation.

Future Outlook

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

Industry Context

StockSavvy.ai notes that insider transactions, particularly those involving the disposition of shares to cover tax withholding obligations, are common occurrences for executives receiving equity compensation. Such transactions are generally considered routine and typically do not signal a change in company fundamentals or management's long-term view of the company's prospects.

Related Party Transactions

• Pamela McCormack disclaims beneficial ownership of 468,600 shares held by McCormack Investors LLC.
• 433,157 shares are indirectly held by The Pamela L. McCormack Revocable Living Trust and The Brian J. McCormack Revocable Living Trust.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction by an insider, not indicative of a change in company fundamentals.
• Management: The transaction reflects a standard practice for managing equity compensation and tax liabilities.

Key Dates

Recommendation

The reported transaction is a routine disposition of shares by an insider to satisfy tax withholding obligations, which is a common practice and does not typically signal a change in the company's fundamental outlook or the insider's confidence in the company. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Ladder Capital, LADR, Form 4, Insider Transaction, Stock Sale, Executive Compensation, Tax Withholding, Rule 10b5-1