Form 4: Lakeland Financial Corp Director M Scott Welch Reports Beneficial Ownership Changes
SEC Form 4 Filing
Director M Scott Welch reports changes in beneficial ownership of Lakeland Financial Corp stock through spousal transactions.
Summary
- On March 7, 2025, M Scott Welch's spouse acquired 604 shares of Lakeland Financial Corp (LKFN) common stock at a price of $62.15 per share.
- On March 10, 2025, M Scott Welch's spouse acquired 9,396 shares of LKFN common stock at a price of $61.2852 per share.
- Following these transactions, M Scott Welch indirectly owns 201,356 shares of LKFN common stock through his spouse.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice in the financial industry to ensure transparency and prevent insider trading.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Spouse acquired 604 shares of LKFN at $62.15 per share |
| 03/10/2025 | Spouse acquired 9,396 shares of LKFN at $61.2852 per share |
| 03/10/2025 | Date of signature by Attorney-in-Fact |
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