Miceli Paul J. 4

What Happened

• Paul J. Miceli, Chief Financial Officer of Ladder Capital Corp (LADR), was granted 110,505 shares on February 18, 2026. The Form 4 reports the acquisition as an award/grant (transaction code A) at an acquisition price of $0.00.

Key Details

• Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (appears timely within the typical two-business-day window).
• Price: $0.00 per share (award/grant).
• Shares received: 110,505.
• Shares owned after transaction: not specified in the provided filing details.
• Notable notes: transaction coded as A (award/grant). The filing does not disclose vesting terms, tax withholding, a 10b5-1 plan, or immediate disposition; no sale or exercise was reported.

Context

• This was an equity award, not an open-market purchase or sale. Awards are typically compensation-related (restricted stock, performance shares, or similar) and may vest over time or based on performance conditions; such grants do not necessarily signal immediate insider sentiment about the stock. Retail investors should watch subsequent filings for vesting, sale, or additional disclosures that clarify value and timing.