314,803 Ladder Capital (NYSE: LADR) shares granted to president in stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ladder Capital Corp reported that President and director Pamela McCormack acquired 314,803 shares of Class A Common Stock on a grant or award basis at $0.00 per share. Following this award, her directly held stake increased to 461,932 shares.
The filing also shows indirect holdings of 468,600 shares held by McCormack Investors LLC, for which she disclaims beneficial ownership, and 433,157 shares held by The Pamela L. McCormack Revocable Living Trust and The Brian J. McCormack Revocable Living Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
McCormack Pamela
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 314,803 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 461,932 shares (Direct);
Class A Common Stock — 468,600 shares (Indirect, By McCormack Investors LLC)
Footnotes (1)
- The Reporting Person disclaims beneficial ownership of the shares held by McCormack Investors LLC, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of shares held by McCormack Investors LLC for purposes of Section 16 or for any other purpose. The reported securities are held by The Pamela L. McCormack Revocable Living Trust and The Brian J. McCormack Revocable Living Trust.
FAQ
What insider transaction did Ladder Capital Corp (LADR) report for Pamela McCormack?
Ladder Capital reported that President Pamela McCormack received a grant of 314,803 Class A Common shares at $0.00 per share. This award is classified as a grant or other acquisition, increasing her directly held ownership position at the company.
What indirect Ladder Capital (LADR) holdings are associated with Pamela McCormack?
The filing lists 468,600 shares held by McCormack Investors LLC and 433,157 shares held by two revocable living trusts. These positions are reported as indirect holdings in entities and trusts associated with Pamela McCormack, separate from her directly owned shares.
What is the nature of the February 18, 2026 Ladder Capital (LADR) insider transaction?
The February 18, 2026 transaction is coded as an acquisition via grant or award of Class A Common Stock. Pamela McCormack received 314,803 shares at no cost per share, which is recorded as a non-derivative equity award rather than a market purchase.