Ladder Capital (LADR) CFO uses 18,285 shares to cover tax liability

Rhea-AI Filing Summary

Ladder Capital Corp’s Chief Financial Officer Paul J. Miceli reported a tax-withholding disposition of 18,285 shares of Class A Common Stock at $10.41 per share on a Form 4. This transaction was made to satisfy tax obligations and he now holds 333,457.142 shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Miceli Paul J.

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	18,285	$10.41	$190K

Holdings After Transaction: Class A Common Stock — 333,457.142 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
Estimated average burden
hours per response:			0.5

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^*

Miceli Paul J.

(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)
	Chief Financial Officer

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		18,285	D	$10.41	333,457.142	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 Paul J. Miceli	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 Ladder Capital Corp (LADR) report for Paul J. Miceli?

Ladder Capital Corp reported that CFO Paul J. Miceli disposed of 18,285 shares of Class A Common Stock to cover tax obligations. The Form 4 shows this as a tax-withholding disposition rather than an open-market trade.

Was the Ladder Capital (LADR) CFO’s Form 4 transaction a market sale?

No, the transaction was coded “F,” indicating a tax-withholding disposition. Shares were used to pay exercise price or tax liability, not reported as a discretionary open-market sale of Ladder Capital Corp stock.

How many Ladder Capital (LADR) shares did the CFO use for tax withholding?

Paul J. Miceli used 18,285 shares of Ladder Capital Class A Common Stock for tax withholding. The Form 4 lists a transaction price of $10.41 per share for this tax-related disposition.

How many Ladder Capital (LADR) shares does the CFO hold after this Form 4 transaction?

After the tax-withholding disposition, CFO Paul J. Miceli directly holds 333,457.142 shares of Ladder Capital Corp Class A Common Stock. This figure reflects his ownership immediately following the reported transaction on the Form 4.

What does transaction code “F” mean on the Ladder Capital (LADR) Form 4?

Transaction code “F” on the Form 4 means payment of exercise price or tax liability by delivering securities. For Ladder Capital, it indicates the CFO used shares to satisfy tax obligations rather than executing an ordinary buy or sell order.