Lakeland Financial (LKFN) EVP reports share grants and tax withholding

Rhea-AI Filing Summary

Lakeland Financial Corporation executive Eric H. Ottinger reported several stock transactions. On February 3, 2026, he acquired 2,600 shares of common stock at $0 per share, bringing his direct holdings after that transaction to 34,882 shares.

On February 2, 2026, he acquired another 2,047 shares at $0 per share and had 36,929 directly held shares after that step. Also on February 2, he disposed of 1,536 shares at $60.76 per share, typically reflecting shares withheld to cover taxes, leaving him with 35,393 directly held shares.

Separately, on December 31, 2025, 101 shares were acquired at $61.96 through salary redirection and/or dividend reinvestment in a 401(k) plan, resulting in 3,162 shares held indirectly in that plan.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Ottinger Eric H

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,600	$0.00	--
Grant/Award	Common Stock	2,047	$0.00	--
Tax Withholding	Common Stock	1,536	$60.76	$93K
Other	Common Stock	101	$61.96	$6K

Holdings After Transaction: Common Stock — 34,882 shares (Direct); Common Stock — 3,162 shares (Indirect, 401)k) Plan)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Ottinger Eric H

(Last) (First) (Middle)

LAKELAND FINANCIAL CORPORATION

P.O. BOX 1387

(Street)

WARSAW IN 46581-1387

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LAKELAND FINANCIAL CORP [ LKFN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/03/2026		A		2,600	A	$0	34,882	D
Common Stock	12/31/2025		J(1)		101	A	$61.96	3,162	I	401)k) Plan
Common Stock	02/02/2026		A		2,047	A	$0	36,929	D
Common Stock	02/02/2026		F		1,536	D	$60.76	35,393	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Salary redirection and/or dividend reinvestment in 401(k) plan for 2025.

Remarks:

	/s/ Becka J. Turnbow, Attorney-in-Fact	02/04/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transactions did LKFN executive Eric H. Ottinger report?

Eric H. Ottinger reported multiple transactions in Lakeland Financial common stock, including share grants at no cost, a tax-related share disposal, and 401(k) plan acquisitions. These moves adjusted both his directly held and indirectly held retirement-plan shares.

How many Lakeland Financial (LKFN) shares did the EVP receive for no cash cost?

Ottinger acquired 2,600 shares on February 3, 2026 and 2,047 shares on February 2, 2026, both at $0 per share. These awards increased his directly held Lakeland Financial common stock before a separate tax-related share disposal.

What was the tax-related share disposal reported by the LKFN executive?

On February 2, 2026, Ottinger reported disposing of 1,536 shares of Lakeland Financial common stock at $60.76 per share under transaction code F. Such transactions typically represent shares withheld to satisfy tax obligations on equity awards.

How many Lakeland Financial (LKFN) shares does the EVP hold directly after these trades?

Following the reported February 2026 transactions, Ottinger directly owned 35,393 shares of Lakeland Financial common stock. This figure reflects both the stock awards received at no cost and the shares disposed of to cover associated obligations.

What is the nature of the LKFN shares held through Eric Ottinger’s 401(k) plan?

Ottinger has indirect ownership of Lakeland Financial shares through a 401(k) plan. On December 31, 2025, 101 shares were acquired at $61.96 via salary redirection and/or dividend reinvestment, bringing his 401(k) plan position to 3,162 shares.

Is Eric H. Ottinger a major shareholder or an officer at Lakeland Financial (LKFN)?

Ottinger is reported as an officer of Lakeland Financial Corporation, serving as Executive Vice President. He is not listed as a 10% owner in this filing, but his executive role requires reporting his transactions in company common stock.