Ladder Capital (NYSE: LADR) reelects directors and ratifies Ernst & Young
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Ladder Capital Corp held its annual stockholder meeting on June 4, 2026. Stockholders re-elected Brian Harris and Mark Alexander as Class III Directors, each with terms expiring at the 2029 annual meeting. Harris received 62,166,495 votes for and 18,114,825 withheld, with 24,759,244 broker non-votes. Alexander received 39,455,734 votes for and 40,825,586 withheld, plus 24,759,244 broker non-votes. Stockholders also ratified Ernst & Young LLP as independent registered public accounting firm for 2026, with 104,254,220 votes for, 609,801 against and 176,543 abstentions. No other matters were voted on.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Votes for Brian Harris: 62,166,495 votes
Votes withheld Brian Harris: 18,114,825 votes
Votes for Mark Alexander: 39,455,734 votes
+5 more
8 metrics
Votes for Brian Harris
62,166,495 votes
Director election at June 4, 2026 annual meeting
Votes withheld Brian Harris
18,114,825 votes
Director election at June 4, 2026 annual meeting
Votes for Mark Alexander
39,455,734 votes
Director election at June 4, 2026 annual meeting
Votes withheld Mark Alexander
40,825,586 votes
Director election at June 4, 2026 annual meeting
Broker non-votes (each director)
24,759,244 votes
Director elections at June 4, 2026 annual meeting
Votes for auditor ratification
104,254,220 votes
Ratification of Ernst & Young LLP for 2026
Votes against auditor ratification
609,801 votes
Ratification of Ernst & Young LLP for 2026
Abstentions on auditor ratification
176,543 votes
Ratification of Ernst & Young LLP for 2026
Key Terms
Annual Meeting, Class III Directors, broker non-votes, independent registered public accounting firm, +1 more
5 terms
Annual Meeting financial
"held its annual meeting of stockholders (the “Annual Meeting”)"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
Class III Directors financial
"re-election of Brian Harris and Mark Alexander to the Board of Directors as Class III Directors"
Class III directors are members of a company’s board assigned to one of several staggered term groups, so only that class faces election in a particular year while other classes stay in place. For investors this affects corporate control and takeover risk because staggered elections make it slower and harder for an outside group to replace a majority of directors quickly—think of it as a rotating schedule for board seats that provides continuity but can also entrench existing leadership.
broker non-votes financial
"VOTES WITHHELD | | BROKER NON-VOTES"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What did Ladder Capital Corp (LADR) stockholders vote on at the 2026 annual meeting?
Stockholders voted on two items: re-election of Brian Harris and Mark Alexander as Class III Directors with terms expiring at the 2029 annual meeting, and ratification of Ernst & Young LLP as independent registered public accounting firm for 2026.
Were Ladder Capital Corp (LADR) director nominees re-elected at the 2026 annual meeting?
Yes, Brian Harris and Mark Alexander were re-elected as Class III Directors. Harris received 62,166,495 votes for and 18,114,825 withheld, while Alexander received 39,455,734 votes for and 40,825,586 withheld, with 24,759,244 broker non-votes for each nominee.
How did Ladder Capital Corp (LADR) stockholders vote on the 2026 auditor ratification?
Stockholders ratified Ernst & Young LLP as independent registered public accounting firm for 2026. The proposal received 104,254,220 votes for, 609,801 votes against and 176,543 abstentions, indicating strong support for continuing the relationship with Ernst & Young LLP.
What are Class III Directors at Ladder Capital Corp (LADR)?
Class III Directors are board members serving staggered terms under Ladder Capital Corp’s classified board structure. Brian Harris and Mark Alexander were elected as Class III Directors with terms expiring at the 2029 annual meeting, continuing their service until successors are elected and qualified.
How many broker non-votes were recorded in Ladder Capital Corp’s 2026 director elections?
Each director election recorded 24,759,244 broker non-votes. Broker non-votes occur when brokers hold shares in street name and do not receive specific voting instructions from beneficial owners on non-routine matters, so those shares are not counted as for or against.
Were any other proposals considered at Ladder Capital Corp’s June 2026 annual meeting?
No, only two proposals were presented: re-election of Brian Harris and Mark Alexander as Class III Directors and ratification of Ernst & Young LLP as the 2026 independent auditor. The company states that no other matters were considered or voted on.