Lakeland Finl Corp SEC Filings

State Street Corporation reports beneficial ownership of 1,354,542 shares of Lakeland Financial Corp common stock, representing 5.3% of the class. The filing shows 0 shares as sole voting or dispositive power and indicates 174,416 shares of shared voting power and 1,354,542 shares of shared dispositive power, implying control of voting and disposition is held jointly or through accounts reported as shared.

The filing lists several State Street investment-advisor subsidiaries as relevant parties and includes a certification that the securities are held in the ordinary course of business and not to change or influence control of the issuer.

What this filing says

Victory Capital Management, an investment adviser, reports it beneficially owns 916,558 shares of Lakeland Financial Corp, equal to 3.59% of the outstanding common stock. The filing shows Victory Capital has sole voting power for 911,858 shares and sole dispositive power for 916,558 shares.

Why it matters

This is a public disclosure of a meaningful passive stake by a professional money manager. The filing also states the shares are held in the ordinary course of business and are not held to change or influence control of the company. For most shareholders, a 3.59% passive stake signals professional interest but does not indicate an activist or control-seeking position.

Lakeland Financial Corp (LKFN) – Form 4 insider activity: Director M. Scott Welch reported the acquisition of 480 phantom stock units on 08 Aug 2025 (transaction code A). Each phantom unit is economically equivalent to one share of LKFN common stock and will automatically convert to shares after the director retires from the board. The units were credited at an implicit price of $61.5128 per unit, implying a notional value of roughly $29.5 k.

Following this award, Welch now holds 59,493 phantom stock units, all listed as direct ownership. No open-market purchase or sale of common stock occurred; the transfer represents deferred equity compensation rather than cash investment. There were no dispositions, option exercises, or changes in non-derivative share count disclosed.

This filing signals continued alignment of director compensation with shareholder value but is routine in nature and unlikely to materially affect LKFN’s share price or corporate governance profile.

Lakeland Financial Corp. (LKFN) director Blake Augsburger filed a Form 4 dated 08/05/2025. The report shows the acquisition of 149 phantom stock units at a reference price of $61.5128. Each unit converts into one common share when the director retires from the Board; until then, the units carry no voting or dividend rights. Following the transaction, Augsburger now holds 18,491 phantom units and reports no change in direct common-share ownership. Because phantom stock does not immediately affect the public float, the filing has no direct impact on outstanding shares or near-term earnings, but it modestly increases the director’s long-term economic stake, reinforcing alignment with shareholder interests.

Form 4 filing for Lakeland Financial Corp. (LKFN): Director Bradley J. Toothaker reported the acquisition of 147 phantom stock units on 08/05/2025 at an implied price of $61.5128 each. Phantom units convert 1-for-1 into common shares and are exercisable only after the director retires from the Board, at which point they must also be exercised or will expire.

Following the transaction, Toothaker now beneficially owns 18,269 phantom stock units. No non-derivative common shares or dispositions were disclosed. The filing was signed by Attorney-in-Fact Becka J. Turnbow on 08/06/2025.

The purchase is modest in size and appears to be part of the company’s deferred fee/compensation program rather than an open-market buy, suggesting routine alignment of director compensation with shareholder value rather than a signal of material strategic change.

Form 4 filing – Lakeland Financial Corp. (LKFN)

Director Darrianne P. Christian reported the acquisition of 40 phantom stock units on 08/05/2025 at an effective price of $61.5128 per unit (Transaction Code A). Each unit is economically equivalent to one share of LKFN common stock and will convert upon the director’s retirement. Following the transaction, the director now holds 4,950 phantom stock units in direct ownership. No common shares were bought or sold, and no other derivative or non-derivative positions were reported.

Phantom stock carries no present voting rights and is non-dilutive until conversion, but the purchase modestly increases the director’s long-term equity exposure.