Porcella Kelly Amanda 4

What Happened
Kelly Porcella, Chief Administrative Officer & General Counsel of Ladder Capital Corp (LADR), surrendered 6,302 shares on 2026-02-05 at $11.09 per share, a total value of $69,889. The disposition is reported under transaction code "F" (payment of exercise price or tax liability), meaning shares were withheld/surrendered to satisfy tax obligations rather than sold in the open market.

Key Details

• Transaction date: 2026-02-05; Price: $11.09 per share; Shares surrendered: 6,302; Total value: $69,889.
• Transaction code: F — payment of exercise price or tax liability (shares were surrendered/withheld).
• Filing date: 2026-02-09 (Accession No. 0001104659-26-012150); filed on the due date (timely).
• Shares owned after transaction: Not disclosed in this filing.
• Disposition type listed as "Disposed" — not an open-market sale.

Context
Tax-withholding dispositions (code F) are routine following option exercises or awards and generally reflect covering tax obligations rather than a directional bet on the stock. Purchases or open-market sales can be more indicative of insider sentiment; this filing alone should be viewed as a tax-driven, administrative transaction.