Perelman Robert 4
Research Summary
AI-generated summary
Ladder Capital (LADR) Head Robert Perelman Sells 11,658 Shares
What Happened
- Robert Perelman, Head of Asset Management at Ladder Capital Corp (LADR), had 11,658 shares disposed on Feb 5, 2026 to satisfy a tax or exercise-related obligation. The shares were reported at $11.09 each, a total value of about $129,287. The filing shows this as a disposition via tax withholding (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-05; Price: $11.09 per share; Shares disposed: 11,658; Total value: ~$129,287.
- Transaction code: F — payment of exercise price or tax liability (shares withheld/ surrendered to cover taxes).
- Filing date: 2026-02-09 (filed four days after the reported transaction), which exceeds the typical 2-business-day Form 4 deadline.
- Shares owned after the transaction: not disclosed in the provided summary — see the full Form 4 for post-transaction holdings and exact footnote text.
Context
- This is a tax-withholding disposition commonly seen after option exercises or restricted stock vesting; shares are withheld to cover taxes rather than sold into the open market. Such withholding is routine and doesn't necessarily indicate the insider's view of the company.