Form 4: Lakeland Financial Corp Senior Vice President Kyra E. Clark Sells 420 Shares
SEC Form 4 Filing
Senior Vice President Kyra E. Clark of Lakeland Financial Corp sold 420 shares of common stock at a price of $68.93 on July 31, 2024.
Summary
- On July 31, 2024, Kyra E. Clark, a Senior Vice President at Lakeland Financial Corp, sold 420 shares of the company's common stock.
- The transaction was executed at a price of $68.93 per share.
- Following the sale, Ms. Clark directly owns 7,176 shares of Lakeland Financial Corp.
- The transaction was reported on August 1, 2024.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This sale represents a small percentage of the overall shares outstanding for Lakeland Financial Corp.
Stakeholder Impact
- The sale of shares by a company insider could be perceived negatively by some shareholders, although the impact is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of transaction: Kyra E. Clark sold 420 shares of Lakeland Financial Corp stock. |
| 08/01/2024 | Date of report: Form 4 filing date. |
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