Harris Brian 4

What Happened Brian Harris, CEO of Ladder Capital Corp (LADR), purchased 5,000 shares in open-market transactions on February 6, 2026. The reported weighted-average price was $10.32, for an aggregate cost of approximately $51,600. The filing characterizes the transactions as purchases (Form 4 code P), which are insider buys rather than sales.

Key Details

• Transaction date: 2026-02-06; Form 4 filed 2026-02-10 (timely filing).
• Shares purchased: 5,000; weighted-average price: $10.32; total value: ~$51,600.
• Price range: purchases occurred at prices between $10.27 and $10.35 (footnote F1); the reporter will provide a breakdown on request.
• Ownership notes: footnote F2 states 917,324 Class A shares previously reported as directly held were transferred to Shallow Alcove II LLC on Aug 6, 2025. The filing does not explicitly state total direct holdings after this purchase.
• Disclosure: footnote F3 disclaims beneficial ownership except to the extent of pecuniary interest.
• Transaction code: P = purchase (open-market/private purchase).

Context Insider purchases can be informative to investors because they show executives acquiring company stock, but they are not definitive proof of future performance. There were no options exercised, awards, or gifts reported in this filing — only an open-market purchase with a small disclosed ownership/transfer detail in the footnotes.