Lakeland Financial (LKFN) SVP Rickard reports stock grants and sale

Rhea-AI Filing Summary

Lakeland Financial Corp. insider Donovan James Rickard, SVP and General Counsel, reported multiple transactions in company common stock. On February 3, 2026, he acquired 1,802 shares at $0, bringing his directly held stake to 14,438 shares.

On February 2, 2026, he acquired an additional 1,275 shares at $0 and disposed of 945 shares at $60.76, resulting in 14,768 directly owned shares after those transactions. Separately, on December 31, 2025, 37 shares were acquired at $61.96 in a 401(k) plan, described as salary redirection and/or dividend reinvestment for 2025, taking his indirect 401(k) holdings to 1,168 shares.

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
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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^*

Donovan James Rickard

(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)
	SVP, General Counsel

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		1,802	A	$0	14,438	D
Common Stock	12/31/2025		J(1)		37	A	$61.96	1,168	I	401(k) Plan
Common Stock	02/02/2026		A		1,275	A	$0	15,713	D
Common Stock	02/02/2026		F		945	D	$60.76	14,768	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 Donovan James Rickard report for LKFN?

Donovan James Rickard reported acquiring 1,802 shares on February 3, 2026, and 1,275 shares on February 2, 2026, both at $0. He also disposed of 945 shares at $60.76 and reported small 401(k) plan acquisitions.

How many Lakeland Financial (LKFN) shares does Rickard hold after these Form 4 transactions?

After the reported transactions, Donovan James Rickard directly owns 14,768 shares of Lakeland Financial common stock. In addition, he indirectly holds 1,168 shares through a 401(k) plan, as disclosed in the filing.

Were any of Donovan James Rickard’s LKFN share acquisitions made through a 401(k) plan?

Yes. On December 31, 2025, 37 shares of Lakeland Financial common stock were acquired in a 401(k) plan at $61.96, described as salary redirection and/or dividend reinvestment for 2025, bringing his indirect plan holdings to 1,168 shares.

What is the significance of the transaction code F in Rickard’s LKFN Form 4?

The filing shows a transaction coded F on February 2, 2026, involving the disposition of 945 shares at $60.76. The code identifies the transaction type under SEC rules but the filing excerpt does not provide additional narrative detail.

What role does Donovan James Rickard hold at Lakeland Financial (LKFN)?

Donovan James Rickard is identified as an officer of Lakeland Financial Corporation, serving as SVP, General Counsel. The Form 4 lists him as a reporting person with this officer title and does not mark him as a director or 10% owner.

On what dates did Rickard’s key LKFN stock transactions occur?

The reported Lakeland Financial stock transactions occurred on February 2, 2026, February 3, 2026, and December 31, 2025. These dates cover direct acquisitions, a disposition, and 401(k) plan-related share accumulation.