Form 4: Lakeland Financial Corporation Director Pichon Emily E. Reports Acquisition of Phantom Stock
SEC Form 4 Filing
Director Emily E. Pichon reports acquisition of phantom stock in Lakeland Financial Corporation.
Summary
- On May 5, 2025, Emily E. Pichon, a director of Lakeland Financial Corporation, reported acquiring 7 units of phantom stock.
- Each phantom stock unit is exercisable into one share of common stock after the director's retirement as a Board member.
- The price of the phantom stock is $58.8549.
- Following the transaction, Pichon directly owns 918 derivative securities.
Sentiment
Score: 5
Explanation: This is a routine filing; sentiment is neutral as it simply reports a transaction.
Industry Context
Form 4 filings are standard practice for corporate insiders to report changes in their beneficial ownership of company securities, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Date of transaction: Emily E. Pichon acquired phantom stock. |
Keywords
phantom stock, director, LKFN, Lakeland Financial Corporation, Form 4, beneficial ownership
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