Lakeland Financial director Starr awarded 6 stock units

The awarded units are exercisable after the director's retirement as a Board member and expire after that retirement.

Available on EDGAR 11/06/2026 - 01:27 PM EST Accepted by SEC EDGAR 11/06/2026 - 01:26 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Lakeland Financial Corp director Daniel Brian Starr acquired 6 Phantom Stock units on November 5, 2026, at a reported price of 64.0214 per share. His directly held Phantom Stock position after the award was 784 units. Each unit exercises into 1 share of Common Stock; the units are exercisable after the directors’ retirement as a Board member and expire after that retirement.

Insider Trade Summary

Grant/Award: 6 shares

Grant/Award 1 txn

Insider Starr Daniel Brian

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock F1, F2, F3	6	$64.0214	$384.13

Holdings After Transaction: Phantom Stock — 784 contracts (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.

Key Figures

Phantom Stock units acquired: 6 units Reported price per share: 64.0214 per share Direct Phantom Stock holdings after transaction: 784 units +1 more

4 metrics

Phantom Stock units acquired 6 units Award on November 5, 2026

Reported price per share 64.0214 per share Phantom Stock award on November 5, 2026

Direct Phantom Stock holdings after transaction 784 units Reported following the award

Underlying Common Stock shares 6 shares Each Phantom Stock unit exercises into 1 share

Key Terms

Phantom Stock, exercisable, expire

3 terms

Phantom Stock technical

"Each Phantom Stock unit exercises into 1 share of Common Stock."

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.

exercisable technical

"Phantom Stock is exercisable after the directors' retirement as a Board member."

expire technical

"Phantom shares expire after the directors' retirement as a Board member."

FAQ

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

How many Phantom Stock units did LKFN director Daniel Brian Starr receive?

Daniel Brian Starr acquired 6 Phantom Stock units on November 5, 2026. Each unit exercises into 1 share of Common Stock, and his reported direct Phantom Stock position after the award was 784 units.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Starr Daniel Brian

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/05/2026

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

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(1)	11/05/2026		A		6		(2)	(3)	Common Stock	6	$64.0214	784	D

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-Fact	11/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)