Harris Brian 4
4 · Ladder Capital Corp · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Ladder Capital (LADR) CEO Brian Harris Sells 333,278 Shares to Cover Taxes
What Happened
Brian Harris, CEO of Ladder Capital Corp (LADR), disposed of 333,278 shares on 2026-02-20 at $10.41 per share, for a total value of $3,469,424. The Form 4 lists the transaction code F, indicating the shares were surrendered or sold to satisfy an exercise price or tax withholding obligation related to equity awards rather than a voluntary open‑market sale.
Key Details
- Transaction date: 2026-02-20; filing date: 2026-02-23 (timely filing).
- Price: $10.41 per share; Shares disposed: 333,278; Total value: $3,469,424.
- Shares owned after transaction: not stated in the filing.
- Footnote: The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest (footnote F1).
- Transaction code F indicates payment of exercise price or tax liability (withholding/surrender of shares).
Context
This was a tax‑related disposition tied to equity compensation (a common, routine event) rather than a directional investment decision. For derivative transactions like this, companies often withhold or sell shares to cover taxes or exercise costs; such activity is not a direct bullish signal.
Insider Transaction Report
- Tax Payment
Class A Common Stock
2026-02-20$10.41/sh−333,278$3,469,424→ 528,768 total
- 1,048,394(indirect: By LLC)
Class A Common Stock
[F1] - 917,324(indirect: By LLC)
Class A Common Stock
[F1] - 4,793,623(indirect: By Trust)
Class A Common Stock
[F1] - 400,540(indirect: By Harris Investment Associates, L.P.)
Class A Common Stock
[F1] - 1,020,084(indirect: By Harris Investment Associates II, L.P.)
Class A Common Stock
[F1]
Footnotes (1)
- [F1]The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest, and this report should not be deemed an admission that the Reporting Person or any other person named herein is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.