Form 4: Lake Shore Bancorp Director Reports Stock Transactions
SEC Form 4 Filing
Michelle M. DeBergalis, a director at Lake Shore Bancorp, reported the acquisition and disposal of common stock, including restricted stock, in a recent filing.
Summary
- On March 12, 2025, Michelle M. DeBergalis, a director of Lake Shore Bancorp, reported transactions involving the company's common stock.
- The transactions included the acquisition of 478 shares of common stock and the disposal of 1,854 shares.
- Following these transactions, DeBergalis directly owns 116 shares and indirectly owns shares through an IRA.
- The filing also mentions restricted stock, with 578 shares vesting on April 23, 2025, and 478 shares vesting on March 12, 2026.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
This is a standard SEC filing related to insider trading. It is a routine disclosure and doesn't necessarily indicate a major shift in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 03/12/2025 | Date of stock transactions (acquisition and disposal). |
| 03/14/2025 | Date of signature on the report. |
| 04/23/2025 | Vesting date for 578 shares of restricted stock. |
| 03/12/2026 | Vesting date for 478 shares of restricted stock. |
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