Harris Brian 4

What Happened Brian Harris, CEO of Ladder Capital Corp (LADR), was granted 846,958 shares on February 18, 2026. The Form 4 reports the award as an acquisition (transaction code A) with an acquisition price of $0.00, i.e., no cash paid for the shares at grant. The filing (Accession 0001104659-26-018240) was submitted on February 20, 2026.

Key Details

• Transaction date: 2026-02-18; Filing date: 2026-02-20 (filed within the typical 2-business-day window).
• Shares acquired: 846,958; reported acquisition price: $0.00 (award/grant).
• Post-transaction ownership: Not specified in the details provided in your summary.
• Footnote: The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest (see F1).
• Transaction code: A = Award/Grant.

Context An "A" coded transaction generally reflects a grant of shares or equity awards (e.g., restricted stock or RSUs) rather than an open-market purchase. These awards often carry vesting or performance conditions and are distinct from purchases or sales — they do not by themselves indicate buying or selling sentiment. The footnote indicates the filer disclaims beneficial ownership except for any pecuniary interest, a common legal disclaimer.