McCormack Pamela 4

What Happened Pamela McCormack, President and Director of Ladder Capital Corp (LADR), disposed of 80,354 shares on Feb 20, 2026. The shares were reported at $10.41 each, for a total of about $836,485. The Form 4 lists the transaction code "F" — payment of exercise price or tax liability — indicating the shares were surrendered/withheld to cover taxes or exercise-related obligations rather than an open-market sale for investment purposes.

Key Details

• Transaction date: 2026-02-20; filing date: 2026-02-23 (timely filed).
• Price: $10.41 per share; total reported value ≈ $836,485.
• Transaction code F = payment of exercise price or tax liability (shares withheld/disposed to satisfy tax or exercise costs).
• Footnotes: F1 disclaims beneficial ownership of shares held by McCormack Investors LLC; F2 notes some reported securities are held in The Pamela L. McCormack Revocable Living Trust and The Brian J. McCormack Revocable Living Trust.
• Shares owned after transaction: not provided in the summary data.

Context Code F transactions typically reflect tax withholding or settlement related to option exercises or equity awards and are generally routine administrative transactions rather than directional buy/sell decisions. Such withholdings do not necessarily signal insider sentiment about the company's stock.