Ladder Capital (LADR) Head Robert Perelman Surrenders 29,150 Shares

What Happened

• Robert Perelman, Head of Asset Management at Ladder Capital Corp (LADR), disposed of 29,150 shares on Feb 20, 2026 to satisfy a tax liability related to equity compensation.
• The shares were valued at $10.41 each, for a total disposition of approximately $303,452.
• This was a tax-withholding share surrender (routine administrative transaction), not an open-market sale signaling a change in investment view.

Key Details

• Transaction date: 2026-02-20; Filing date: 2026-02-23 (filing appears timely).
• Price per share: $10.41; Total value: ~$303,452.
• Transaction code: F — payment of exercise price or tax liability (shares were surrendered/withheld to cover taxes).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• No 10b5-1 plan or other special instruction noted in the supplied data.

Context

• This type of transaction is common when insiders exercise options or receive awards and use shares to cover withholding taxes; it is administrative rather than a cash sale on the open market.
• Such tax-withholding dispositions generally do not provide a clear signal about the insider’s view of the company’s prospects.