Director Jeffrey Steiner receives 7,198-share grant at Ladder Capital (LADR)

Rhea-AI Filing Summary

STEINER JEFFREY B reported acquisition or exercise transactions in this Form 4 filing.

Ladder Capital Corp director Jeffrey B. Steiner received an equity award of 7,198 shares of Class A Common Stock. The award, recorded at a price of $0.00 per share, increased his directly held stake to 34,509 shares. This reflects a stock-based compensation grant rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider STEINER JEFFREY B

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	7,198	$0.00	--

Holdings After Transaction: Class A Common Stock — 34,509 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^*

STEINER JEFFREY B

(Last) (First) (Middle)

C/O LADDER CAPITAL CORP

320 PARK AVE, 15TH FL

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

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	02/18/2026		A		7,198	A	$0.00	34,509	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 Jeffrey B. Steiner	02/20/2026
	** 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 did Ladder Capital (LADR) insider Jeffrey Steiner report on this Form 4?

Jeffrey B. Steiner reported receiving an equity grant of 7,198 shares of Ladder Capital Class A Common Stock. This was classified as a grant, award, or other acquisition, not an open-market trade, and represents stock-based compensation.

How many Ladder Capital (LADR) shares did Jeffrey Steiner acquire in this transaction?

Jeffrey Steiner acquired 7,198 shares of Ladder Capital Class A Common Stock. The transaction was reported as a grant or award at a price of $0.00 per share, indicating it was part of compensation rather than a market purchase.

What is Jeffrey Steiner’s Ladder Capital (LADR) shareholding after the reported grant?

After the reported equity grant, Jeffrey Steiner directly holds 34,509 shares of Ladder Capital Class A Common Stock. This figure reflects his ownership immediately following the 7,198-share grant reported in the Form 4 filing.

Was the Ladder Capital (LADR) insider transaction a market buy or sell?

The transaction was not a market buy or sell. It was coded as “A” for a grant, award, or other acquisition, with a reported price of $0.00 per share, indicating stock-based compensation rather than an open-market transaction.

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

Transaction code “A” on the Ladder Capital Form 4 indicates a grant, award, or other acquisition of shares. In this case, it reflects a stock-based compensation grant of 7,198 Class A Common shares to director Jeffrey B. Steiner.

Is Jeffrey Steiner’s ownership in Ladder Capital (LADR) direct or indirect after this grant?

Jeffrey Steiner’s ownership is reported as direct following the grant. The Form 4 indicates the 34,509 shares of Ladder Capital Class A Common Stock are held under direct ownership, with no additional nature-of-ownership footnote disclosed.