Form 4: Ladder Capital President Sells Shares for Tax Obligations
Insider Transaction Report
Pamela McCormack, President of Ladder Capital Corp, disposed of 80,354 Class A Common Stock shares to cover tax liabilities.
Summary
- Pamela McCormack, President and Director of Ladder Capital Corp (LADR), executed a transaction on February 20, 2026.
- The transaction involved the disposition of 80,354 shares of Class A Common Stock.
- The shares were disposed of at a price of $10.41 per share.
- This transaction was coded as 'F', indicating a payment of tax liability by withholding securities.
- Following the transaction, Pamela McCormack directly owns 381,578 shares of Class A Common Stock.
- Additionally, 468,600 shares are indirectly owned by McCormack Investors LLC, with beneficial ownership disclaimed by Pamela McCormack.
- An additional 433,157 shares are indirectly owned by The Pamela L. McCormack Revocable Living Trust and The Brian J. McCormack Revocable Living Trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. The transaction is a routine tax-related disposition of shares by an insider and does not reflect a change in the company's operational performance or strategic direction.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those marked with a 'F' code for tax withholding, are common occurrences in the financial industry for executives receiving equity compensation. Such transactions are generally not indicative of a change in company fundamentals or strategic direction, unlike open market purchases or sales.
Stakeholder Impact
- Shareholders: A minor reduction in direct insider ownership, but the overall beneficial ownership remains substantial. This type of transaction is generally not seen as a signal of management's confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 02/20/2026 | Date of transaction where 80,354 shares of Class A Common Stock were disposed of. |
| 02/23/2026 | Date the Form 4 was signed by Michelle Wallach, as Attorney-in-Fact for Pamela McCormack. |
Keywords
Ladder Capital Corp, LADR, Pamela McCormack, Insider Trading, Form 4, Stock Sale, Tax Withholding, Executive Compensation
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.