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[Form 4] Ladder Capital Corp Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Ladder Capital Corp (LADR) Form 4: A director reported an open-market sale of Class A Common Stock. On 10/27/2025, the insider sold 19,481 shares at a price of $10.89 per share (transaction code S). Following the sale, the insider beneficially owns 27,311 shares, held directly.

The filing notes the sales were effected for personal tax and estate planning purposes. This disclosure reflects a change in personal holdings and does not indicate company-level operational changes.

Positive
  • None.
Negative
  • None.

Insights

Routine insider sale; limited informational impact.

Ladder Capital disclosed a director’s sale of 19,481 Class A shares at $10.89 on 10/27/2025, leaving 27,311 shares beneficially owned, held directly. The transaction is coded “S,” indicating a sale.

The footnote states the sales were for personal tax and estate planning purposes, which typically suggests non-operational motives. Insider transactions can vary in meaning; this one provides a clear personal rationale.

There is no indication of company performance or strategic change in this disclosure. Subsequent ownership updates, if any, will appear in future Section 16 filings.

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)
10/27/2025
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 10/27/2025 S(1) 19,481 D $10.89 27,311 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:
1. The sales reported in this Form 4 were effected for personal tax and estate planning purposes.
/s/ Michelle Wallach, as Attorney-in-Fact for Jeffrey B. Steiner 10/28/2025
** 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) disclose?

A director reported selling 19,481 shares of Class A Common Stock on 10/27/2025.

At what price were the LADR shares sold?

The shares were sold at $10.89 per share.

How many LADR shares does the insider own after the sale?

The insider beneficially owns 27,311 shares following the reported transaction.

What was the stated purpose of the sale?

The filing states the sales were for personal tax and estate planning purposes.

What was the transaction code on the Form 4?

The transaction was coded S, indicating a sale.

What is the insider’s relationship to Ladder Capital?

The reporting person is a Director of Ladder Capital Corp.

Is the ownership reported as direct or indirect?

The remaining 27,311 shares are held directly.
Ladder Cap Corp

NYSE:LADR

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1.36B
112.15M
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63.36%
1.08%
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