Porcella Kelly Amanda 4

What Happened

• Amanda Porcella, Chief Administrative Officer and General Counsel of Ladder Capital Corp (LADR), was granted 86,843 shares on 2026-02-18. The Form 4 reports an acquisition price of $0.00, indicating a grant/award of shares (transaction code A) rather than an open‑market purchase.
• The filing does not state a dollar value for the grant; $0.00 on Form 4 typically means restricted stock or similar compensation awarded without cash purchase. This is an acquisition (not a sale).

Key Details

• Transaction date: 2026-02-18; Filing date: 2026-02-20 (filed within the typical 2-business-day Form 4 window).
• Transaction type/code: A = Award/Grant; Price reported: $0.00 per share.
• Shares acquired: 86,843.
• Shares owned after transaction: Not specified in the filing excerpt.
• No 10b5-1 plan, tax‑withholding sale, or other footnotes are indicated in the reported transaction.

Context

• Awards like this are typically part of executive compensation (e.g., restricted stock or performance awards) and may vest over time; they do not necessarily reflect immediate buying/selling intent.
• For retail investors, new purchases by insiders can be more informative than routine compensation grants; treat grants as compensation-related rather than a straightforward bullish signal.