4/A: Lakeland Financial Corp Executive Corrects Stock Sale Reporting
SEC Filing
Kristin Pruitt, President of Lakeland Financial Corp, files an amended Form 4 to correct a previously reported stock sale.
Summary
- Kristin Pruitt, President of Lakeland Financial Corporation, filed an amended Form 4 with the SEC.
- The amendment corrects a previously reported sale of common stock on August 26, 2024.
- The original filing incorrectly stated that 12,000 shares were sold, but the correct number of shares sold was 1,200 at a price of $67.055 per share.
- Following the corrected transaction, Pruitt beneficially owns 21,052 shares of Lakeland Financial Corp common stock.
Sentiment
Score: 7
Explanation: The document is a routine correction of a regulatory filing, indicating standard corporate governance procedures. There is no indication of financial distress or other negative events.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The correction ensures accurate information is available to shareholders and the public.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of the original transaction (stock sale) and original filing date. |
| 08/26/2024 | Date of the corrected stock sale transaction. |
| 08/27/2024 | Date of the amended filing. |
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