STOCK TITAN
  1. Home
  2. Sec-filings
  3. LKFN
  4. [Form 4] LAKELAND FINANCIAL CORP Insider Trading Activity

Blake Augsburger awarded phantom stock at Lakeland Financial (LKFN)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Augsburger Blake reported acquisition or exercise transactions in this Form 4 filing.

Lakeland Financial Corp director Blake Augsburger received a grant of 165 phantom stock units on August 5, 2026. Each phantom unit corresponds to 1 share of common stock at a reference value of $63.25 per unit, bringing his directly held phantom stock balance to 20,276 units. These phantom shares are exercisable, and expire, after his retirement as a board member.

Positive

  • None.

Negative

  • None.
Insider Augsburger Blake
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock F1, F2, F3 165 $63.25 $10K
Holdings After Transaction: Phantom Stock — 20,276 shares (Direct)
Footnotes (3)
  1. F1. Each phantom stock unit exercises into 1 share of Common Stock.
  2. F2. Phantom Stock is exercisable after the directors' retirement as a Board member.
  3. F3. Phantom shares expire after the directors' retirement as a Board member.
Phantom stock units granted 165 units Grant to director Blake Augsburger on August 5, 2026
Reference price per phantom unit $63.25 Value per phantom stock unit on grant
Phantom stock units after grant 20,276 units Total directly held phantom stock units following the award
Conversion ratio 1 unit = 1 share of Common Stock Each phantom stock unit exercises into one share of common stock
Phantom Stock financial
"Phantom Stock is exercisable after the directors' retirement"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
phantom stock unit financial
"Each phantom stock unit exercises into 1 share of Common Stock"
Rule 10b5-1 trading plan regulatory
"Checkbox for a Rule 10b5-1 trading plan was not marked"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider transaction did Lakeland Financial (LKFN) report for director Blake Augsburger?
Lakeland Financial reported that director Blake Augsburger received a grant of 165 phantom stock units on August 5, 2026. Each unit is linked to one share of common stock at $63.25, increasing his directly held phantom balance to 20,276 units.

How do Blake Augsburger’s Lakeland Financial (LKFN) phantom stock units relate to common stock?
Each phantom stock unit awarded to Blake Augsburger exercises into 1 share of Lakeland Financial common stock. This means his 165 newly granted phantom units represent potential delivery of 165 common shares when exercisable conditions tied to his board retirement are met.

When can Lakeland Financial (LKFN) director Blake Augsburger exercise his phantom stock units?
The phantom stock units granted to Blake Augsburger are exercisable after his retirement as a Lakeland Financial board member. According to the disclosure, those phantom shares also expire after his retirement, tying both exercise and expiration to the end of his board service.

What is Blake Augsburger’s total phantom stock holding in Lakeland Financial (LKFN) after this grant?
Following the grant of 165 phantom stock units, Blake Augsburger holds a total of 20,276 phantom stock units directly. Each unit is economically equivalent to one share of common stock, giving him a significant deferred equity-linked position tied to Lakeland Financial’s share performance.

Was the Lakeland Financial (LKFN) phantom stock grant made under a Rule 10b5-1 trading plan?
The available data indicate the checkbox affirming a Rule 10b5-1 trading plan was not marked for this filing. This means the reported phantom stock award was not identified as executed under a Rule 10b5-1 plan based on the provided disclosure fields.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Augsburger Blake
(Last)(First)(Middle)
LAKELAND FINANCIAL CORPORATION
P.O. BOX 1387
(Street)
WARSAW INDIANA 46581
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
LAKELAND FINANCIAL CORP [ LKFN ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock(1)08/05/2026A165 (2) (3)Common Stock165$63.2520,276D
Explanation of Responses:
1. Each phantom stock unit exercises into 1 share of Common Stock.
2. Phantom Stock is exercisable after the directors' retirement as a Board member.
3. Phantom shares expire after the directors' retirement as a Board member.
Remarks:
/s/ Becka J. Turnbow, Attorney-in-Fact08/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR