Form 4: Lakeland Financial Corp CEO David Findlay Reports Stock Sale
SEC Form 4
CEO David Findlay of Lakeland Financial Corp reports the sale of 12,000 shares of common stock on March 13, 2024.
Summary
- David M Findlay, CEO of Lakeland Financial Corporation, reported a transaction involving the company's common stock.
- On March 13, 2024, Findlay sold 12,000 shares of common stock at a price of $65.26 per share.
- Following the transaction, Findlay directly owns 114,673 shares of common stock.
- Findlay also indirectly owns 14,175 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock sale.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The stock sale by the CEO could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of stock sale transaction |
| 03/14/2024 | Date of report signature |
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