Ladder Capital (LADR) executive reports tax-withholding share disposition

Rhea-AI Filing Summary

Ladder Capital Corp executive Robert Perelman reported a tax-related share disposition under an equity award. On this Form 4, he transferred 29,150 shares of Class A common stock at $10.41 per share to cover tax withholding, leaving 463,684 shares of direct ownership.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Perelman Robert

Role Head of Asset Management

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	29,150	$10.41	$303K

Holdings After Transaction: Class A Common Stock — 463,684 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Perelman Robert

(Last) (First) (Middle)

C/O LADDER CAPITAL CORP

320 PARK AVE, 15TH FLOOR

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ladder Capital Corp [ LADR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Head of Asset Management

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/20/2026		F		29,150	D	$10.41	463,684	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Michelle Wallach, as Attorney-in-Fact for Robert Perelman	02/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did LADR executive Robert Perelman report?

Robert Perelman reported a disposition of Ladder Capital Class A common stock related to tax withholding. The Form 4 shows shares delivered to satisfy tax obligations from an equity award, rather than an open-market sale, under code F for tax-liability payment.

How many Ladder Capital (LADR) shares were disposed of in this Form 4?

The Form 4 reports a disposition of 29,150 shares of Ladder Capital Class A common stock. These shares were used to cover tax withholding obligations, not sold in the open market, as indicated by transaction code F and its accompanying description.

At what price were the LADR shares valued for this tax-withholding disposition?

The tax-withholding disposition used a price of $10.41 per share for Ladder Capital Class A common stock. This figure reflects the value applied to the 29,150 shares delivered to cover tax liabilities associated with an equity award reported on the Form 4.

How many LADR shares does Robert Perelman own after this transaction?

After the tax-withholding disposition, Robert Perelman directly owns 463,684 shares of Ladder Capital Class A common stock. This post-transaction ownership figure is shown in the Form 4 as the total shares held following completion of the reported tax-related share transfer.

Was the LADR insider transaction an open-market sale or tax withholding?

The reported Ladder Capital transaction was a tax-withholding disposition, not an open-market sale. The Form 4 uses transaction code F, which indicates payment of an exercise price or tax liability by delivering securities, consistent with equity award tax settlement.

What does transaction code F mean in the LADR Form 4 filing?

Transaction code F on the Ladder Capital Form 4 means shares were delivered to pay an exercise price or tax liability. It signals a tax-related disposition under an equity award, distinguishing it from discretionary buying or selling in the open market by the insider.