STEINER JEFFREY B 4

What Happened
Jeffrey B. Steiner, a director of Ladder Capital Corp (LADR), was granted/received 7,198 shares on February 18, 2026. The Form 4 reports the transaction code "A" (award/grant/other acquisition) with an acquisition price of $0, indicating these shares were issued as a grant or compensation rather than an open-market purchase. No cash value was reported on the Form 4.

Key Details

• Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 7,198; reported acquisition price: $0.
• Shares owned after transaction: Not specified in the provided filing details.
• No footnotes in the supplied summary indicating a 10b5-1 plan, tax withholding, or cashless sale.

Context
An "A" code award typically reflects a compensation or board-related stock grant and does not represent a market purchase or sale. Such grants may be subject to vesting or other transfer restrictions and therefore do not by themselves signal immediate buying or selling intent by the insider. Investors should watch future Form 4 filings for any subsequent sales or vesting-related transactions.