4/A: Lakeland Financial Corp Executive Kristin Pruitt Amends SEC Filing Regarding Beneficial Ownership

Kristin Pruitt, President of Lakeland Financial Corporation, amended a previous SEC filing to correct the number of shares beneficially owned following a transaction on May 9, 2024.

Summary

• Kristin Pruitt, President of Lakeland Financial Corporation, filed an amendment to a Form 4 related to changes in beneficial ownership of the company's stock.
• The amendment, filed on May 20, 2024, corrects a previously reported duplicate grant of 2,000 shares.
• The transaction on May 9, 2024, involved the disposition of 883 shares of common stock at a price of $62.52.
• Following the reported transaction, Pruitt beneficially owns 22,252 shares of Lakeland Financial Corporation.
• The filing indicates that the transaction was related to tax withholding requirements.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain any information that would significantly impact investor sentiment positively or negatively. The correction of the error is a positive sign of diligence.

Industry Context

This filing is a routine disclosure related to insider transactions and beneficial ownership, which is a common practice for publicly traded companies. It provides transparency to investors regarding the actions of company executives.

Stakeholder Impact

• The correction of the filing ensures accurate information for shareholders regarding insider ownership.

Key Dates