Esposito Anthony Vincent 4
Research Summary
AI-generated summary
LADR CAO Anthony Esposito Withholds 1,648 Shares
What Happened
- Anthony Esposito, Chief Accounting Officer of Ladder Capital Corp (LADR), had 1,648 shares withheld to satisfy a tax obligation on 2026-02-20. The shares were valued at $10.41 each, for a total withholding value of $17,156. This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-20; Form 4 filed: 2026-02-23.
- Shares withheld/disposed: 1,648 at $10.41 per share; total value reported $17,156.
- Transaction code: F — payment of exercise price or tax liability (share withholding to cover taxes).
- Shares owned after the transaction: not specified in the filing.
- Filing timeliness: no indication in the report that the filing was late.
Context
- Withholding shares to cover taxes is a routine administrative action that commonly follows option exercises or the vesting of restricted stock; it is a disposition for tax purposes rather than a market sale intended to raise cash.
- Such withholding transactions are typically neutral from a market-sentiment perspective, since they don’t represent a voluntary sale to realize gains.