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Lakeland Financial director proposes $1.37M sale

The shares are listed as coming from private acquisitions from the issuer or an affiliate, including transactions in 2014 and 2023.

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Form Type
144

Rhea-AI Filing Summary

Lakeland Financial Corp. (LKFN) director Melinda J Truex reported a proposed sale of 22,500 common shares, with an aggregate market value of $1,369,577.75 and an approximate sale date of October 29, 2026. NewEdge Securities, LLC is named as the broker, and NASDAQ is listed as the exchange. The notice also lists five private acquisitions from the issuer or an affiliate as the source of the shares.

Proposed sale 22,500 shares Common shares; approximate sale date October 29, 2026
Aggregate market value $1,369,577.75 Proposed sale of common shares
Listed private acquisition 2,500 shares November 17, 2014; from issuer or affiliate
Listed private acquisition 7,500 shares February 13, 2023; from issuer or affiliate
Listed private acquisition 6,000 shares February 16, 2023; from issuer or affiliate
Listed private acquisition 4,000 shares February 28, 2023; from issuer or affiliate
Listed private acquisition 2,500 shares May 17, 2023; from issuer or affiliate
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Private Acquisition from Issuer/Affiliate financial
"Private Acquisition from Issuer/Affiliate"
Aggregate market value financial
"Aggregate market value"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many LKFN shares is Melinda J Truex proposing to sell?

Melinda J Truex, a director of Lakeland Financial Corp. (LKFN), reported a proposed sale of 22,500 common shares. The stated aggregate market value is $1,369,577.75, with an approximate sale date of October 29, 2026.

What is the stated value of Melinda J Truex's proposed LKFN share sale?

The stated aggregate market value is $1,369,577.75 for the proposed sale of 22,500 common shares by director Melinda J Truex. The approximate sale date is October 29, 2026.

What prior acquisitions are listed for the LKFN shares?

The securities history lists 2,500 common shares acquired November 17, 2014; 7,500 on February 13, 2023; 6,000 on February 16, 2023; 4,000 on February 28, 2023; and 2,500 on May 17, 2023. Each is identified as a private acquisition from the issuer or an affiliate.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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