Form 4: Lake Shore Bancorp Executive Kim C. Liddell Reports Stock Transactions

Kim C. Liddell, a Director, President, and CEO of Lake Shore Bancorp, reported acquiring and disposing of common stock, including restricted stock, in a recent filing.

Summary

• On March 12, 2025, Kim C. Liddell reported transactions involving Lake Shore Bancorp, Inc. (LSBK) common stock.
• Liddell acquired 6,262 shares of common stock at $0 and disposed of common stock.
• Following the reported transactions, Liddell directly owns 11,425 shares of common stock and indirectly owns 30,749 shares through an IRA.
• The direct holdings include 5,163 shares of restricted stock vesting at a rate of 25% per year commencing on April 23, 2025, and an additional amount of restricted stock vesting at a rate of 25% per year commencing on March 12, 2026.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. The sentiment is neutral as it simply reports facts without expressing any opinion or forward-looking statements.

Positives

• The acquisition of shares by a key executive could be interpreted positively, signaling confidence in the company's future prospects.

Negatives

• The disposal of shares by the executive could be interpreted negatively.

Risks

• The vesting schedule of the restricted stock could influence the executive's decisions regarding their holdings in the future.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The reported transactions may influence investor sentiment regarding Lake Shore Bancorp.

Key Dates