Form 4: Lake Shore Bancorp Director McGrath Acquires and Disposes of Shares
SEC Form 4 Filing
Director John P. McGrath reports changes in beneficial ownership of Lake Shore Bancorp stock, including acquisitions and disposals, as well as holdings in an IRA.
Summary
- On March 12, 2025, John P. McGrath, a director of Lake Shore Bancorp, Inc., engaged in transactions involving the company's common stock.
- McGrath acquired 664 shares of common stock at $0 per share.
- McGrath also disposed of shares.
- Following these transactions, McGrath directly owns 7,591 shares of common stock.
- Additionally, McGrath indirectly owns 22,088 shares through an IRA.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, with neutral sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 03/12/2025 | Date of stock transaction |
| 03/12/2026 | Shares of restricted stock vest |
| 04/23/2025 | 4,663 shares of restricted stock vest |
| 03/14/2025 | Date of signature |
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