Director at Ladder Capital (NYSE: LADR) awarded 7,198 Class A shares

Rhea-AI Filing Summary

Alexander Mark David reported acquisition or exercise transactions in this Form 4 filing.

Ladder Capital Corp director Alexander Mark David received an equity award of 7,198 shares of Class A Common Stock. The shares were granted at no cash cost per share, reflecting a stock-based compensation grant rather than an open-market purchase. Following this award, his directly held stake increased to 36,427 shares of Ladder Capital’s Class A Common Stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Alexander Mark David

Role Director

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

Holdings After Transaction: Class A Common Stock — 36,427 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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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^*

Alexander Mark David

(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	36,427	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 Mark David Alexander	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 insider transaction did Ladder Capital (LADR) report for Alexander Mark David?

Ladder Capital reported that director Alexander Mark David received a grant of 7,198 shares of Class A Common Stock. This was an equity award, not an open-market purchase, classified as a grant, award, or other acquisition in the Form 4 filing.

How many Ladder Capital (LADR) shares does Alexander Mark David hold after the grant?

After the equity award, Alexander Mark David directly holds 36,427 shares of Ladder Capital’s Class A Common Stock. The Form 4 specifies this as his total direct ownership following the 7,198-share grant reported in the transaction.

Was cash paid for the 7,198-share award at Ladder Capital (LADR)?

No cash was paid for the 7,198-share award; the transaction price per share is shown as 0.0000. This indicates the shares were granted as stock-based compensation rather than purchased in the market for cash consideration.

How is the Ladder Capital (LADR) insider transaction classified in the Form 4?

The transaction is classified under code “A,” meaning a grant, award, or other acquisition of non-derivative Class A Common Stock. It is recorded as an acquisition direction, reflecting stock being granted to the director rather than sold or disposed.

Is Alexander Mark David’s ownership in Ladder Capital (LADR) direct or indirect?

The Form 4 indicates Alexander Mark David’s ownership as direct, marked with code “D” and no separate entity listed in the nature of ownership field. This means the reported 36,427 shares are held directly in his name after the grant.