Ladder Capital director granted 7,198 shares

Ladder Capital Corp director Alan H. Fishman acquired 7,198 shares of Class A Common Stock as a grant or award on February 18, 2026.

Rhea-AI Filing Summary

Ladder Capital Corp director Alan H. Fishman acquired 7,198 shares of Class A Common Stock as a grant or award on February 18, 2026. The award was at no stated purchase price, increasing his directly held shares to 1,252,181. He also reports 775 shares held indirectly by his spouse, which were inherited.

Insider Trade Summary

Grant/Award: 7,198 shares

Grant/Award 2 txns

Insider FISHMAN ALAN H

Role Director

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

Holdings After Transaction: Class A Common Stock — 1,252,181 shares (Direct); Class A Common Stock — 775 shares (Indirect, By Spouse)

Footnotes (1)

1. F1. The reported securities were inherited by the spouse of the Reporting Person.

FAQ

What did Ladder Capital (LADR) director Alan H. Fishman report on this Form 4?

Alan H. Fishman reported an equity award of Class A Common Stock. He received 7,198 shares as a grant on February 18, 2026, and disclosed both his updated direct holdings and additional shares held indirectly through his spouse.

How many Ladder Capital (LADR) shares did Alan H. Fishman acquire in this filing?

Alan H. Fishman acquired 7,198 shares of Ladder Capital Class A Common Stock through a grant or award. This transaction carried a reported per-share price of $0.0000, reflecting a compensatory award rather than an open-market purchase of shares.

What are Alan H. Fishman’s total direct Ladder Capital (LADR) holdings after the transaction?

After this Form 4 transaction, Alan H. Fishman directly holds 1,252,181 shares of Ladder Capital Class A Common Stock. This total reflects the newly awarded 7,198 shares added to his existing direct ownership position as reported in the filing.

How many Ladder Capital (LADR) shares are reported as indirectly owned by Alan H. Fishman?

The filing shows 775 shares of Ladder Capital Class A Common Stock held indirectly, described as “By Spouse.” A footnote explains these securities were inherited by the spouse of the reporting person, and are disclosed as indirect beneficial ownership.

Was the Ladder Capital (LADR) share grant to Alan H. Fishman a market purchase?

No, the 7,198 Ladder Capital shares were reported as a grant or award, not a market purchase. The transaction code “A” and a $0.0000 price per share indicate compensatory stock granted to the director rather than shares bought on the open market.

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Accepted by SEC EDGAR 02/20/2026 - 05:46 PM Learn about SEC filing dates

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^*

FISHMAN ALAN H

(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	1,252,181	D
Class A Common Stock								775	I	By Spouse(1)

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:

1. The reported securities were inherited by the spouse of the Reporting Person.

	/s/ Michelle Wallach, as Attorney-in-Fact for Alan H. Fishman	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.