Form 4: Lakeland Financial Corp Director Faraz Abbasi Reports Transaction
SEC Form 4
Director Faraz Abbasi reports acquiring 650 shares of Lakeland Financial Corp and disposing of 3,900 shares on July 9, 2024.
Summary
- On July 9, 2024, Faraz Abbasi, a director of Lakeland Financial Corp, acquired 650 shares of common stock.
- The acquisition price was $0.
- On the same day, Abbasi disposed of 3,900 shares of common stock.
- Following these transactions, Abbasi beneficially owns 3,900 shares of Lakeland Financial Corp.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of a corporate insider's stock transactions, providing transparency to the market.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects an insider's trading activity.
Key Dates
| Date | Description |
|---|---|
| 07/09/2024 | Date of transaction: acquisition of 650 shares and disposal of 3,900 shares. |
| 07/10/2024 | Date of signature by Attorney-in-Fact. |
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