Director-linked LLP for Lakeland Financial (LKFN) buys 5,000 common shares at $55.45

Rhea-AI Filing Summary

LAKELAND FINANCIAL CORP director-linked entity buys shares

An entity described as an LLP associated with director M. Scott Welch bought 5,000 shares of Lakeland Financial common stock in an open-market purchase at $55.45 per share. After this transaction, indirect holdings reported for Welch totaled 54,000 common 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

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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^*

WELCH M SCOTT

(Last) (First) (Middle)

6 LONGWOOD COURT

(Street)

ELKHART IN 46516

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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	03/09/2026		P		5,000	A	$55.45	54,000	I	By LLP

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:

Remarks:

	/s/ Becka J. Turnbow, Attorney-in-Fact	03/09/2026
	** 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 transaction did LAKELAND FINANCIAL CORP (LKFN) report?

LAKELAND FINANCIAL CORP reported an insider-related purchase of 5,000 common shares. The transaction was executed in the open market by an LLP associated with director M. Scott Welch, reflecting additional indirect ownership in the company’s stock.

How many LAKELAND FINANCIAL (LKFN) shares were bought and at what price?

An LLP associated with director M. Scott Welch bought 5,000 LAKELAND FINANCIAL common shares. The open-market purchase price was $55.45 per share, as disclosed, indicating the total trade value was based on that per-share price at the transaction date.

What is M. Scott Welch’s reported share ownership in LKFN after this trade?

Following the reported transaction, indirect holdings for M. Scott Welch totaled 54,000 LAKELAND FINANCIAL common shares. These shares are reported as held indirectly “By LLP,” indicating ownership through a limited liability partnership rather than directly in his own name.

Was the LAKELAND FINANCIAL (LKFN) insider transaction a buy or a sell?

The reported LAKELAND FINANCIAL transaction was a buy. The Form 4 classifies it as an open-market purchase of 5,000 common shares, coded “P,” which corresponds to a purchase rather than a sale or other type of disposition.

Is the LAKELAND FINANCIAL (LKFN) insider ownership direct or indirect?

The ownership reported in this Form 4 is indirect. The 54,000 common shares following the transaction are labeled with ownership code “I” and described as held “By LLP,” meaning they are owned through a partnership associated with the reporting person.