Weiner David Alan 4

What Happened
David Alan Weiner, a director of Ladder Capital Corp (LADR), was awarded 7,198 shares on February 18, 2026. The shares were granted at $0.00 per share (a compensatory award/grant), resulting in $0 cash paid by the insider. This was an award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-18; Grant/award (Code A) of 7,198 shares at $0.00 per share.
• Total cash paid by insider: $0.00.
• Shares owned after the transaction: Not specified in the filing.
• Footnotes/plan details: None provided in the transaction summary; likely part of director compensation (restricted stock or similar).
• Filing date: Form 4 filed Feb 20, 2026 (two days after the transaction); this appears to meet the two-business-day Form 4 filing requirement.

Context
Grants to directors are typically compensatory and intended to align directors’ interests with shareholders; they are not the same signal as an open‑market purchase. Awards received at $0 usually reflect company compensation plans (e.g., restricted stock or service-based grants) rather than a personal investment decision. For retail investors, such awards show alignment but do not necessarily indicate management’s view of near-term stock performance.