[Form 4] Lakeland Financial Corp Insider Trading Activity

Rhea-AI Filing Summary

Lakeland Financial Corp (LKFN) reporting insider transaction: Executive Vice President Eric H. Ottinger sold 4,635 shares of common stock on 08/25/2025 at a reported price of $67.0661 per share, leaving beneficial ownership of 32,282 shares. The Form 4 was signed by an attorney-in-fact on 08/26/2025. The filing records a routine Section 16 disclosure of a non-derivative sale by an officer.

Positive

• None.

Negative

• Officer sale of 4,635 shares reported
• Beneficial ownership reduced to 32,282 shares after the sale

Insights

Financial Analyst

TL;DR: Officer sale of 4,635 LKFN shares is disclosed; transaction appears routine and not clearly material to valuation.

The sale reduced the reporting person’s direct holdings to 32,282 shares. There are no derivative transactions or additional context in the filing to suggest acceleration, exercise, or an associated compensation event. For investors, this is a standard Section 16 disclosure that documents insider liquidity but, standing alone, provides limited insight into company performance.

Corporate Governance Expert

TL;DR: This Form 4 documents a standard officer sale; no governance red flags or unusual transaction codes are present.

The filing uses transaction code S indicating a sale of shares. Ownership after the sale remains clearly stated. The document contains no indications of related-party transfers, Rule 10b5-1 plan notation, or amendment notes. From a governance perspective the disclosure meets reporting requirements but does not signal material governance concerns.

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)
08/25/2025

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	08/25/2025		S		4,635	D	$67.0661	32,282	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:

Remarks:

	/s/ Becka J. Turnbow, Attorney-in-Fact	08/26/2025
	** 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 did the LKFN Form 4 filed for Eric H. Ottinger report?

The filing reports a sale of 4,635 common shares on 08/25/2025 at a reported price of $67.0661, leaving 32,282 shares beneficially owned.

What was the transaction code and meaning on the LKFN Form 4?

The Form 4 lists transaction code S, which denotes a sale of existing shares.

Does the Form 4 for LKFN show any derivative transactions or 10b5-1 plan notation?

No. The filing contains only a non-derivative sale and does not indicate any derivative transactions or a Rule 10b5-1 plan.

When was the Form 4 for Eric H. Ottinger executed and signed?

The transaction date is 08/25/2025 and the form is signed by an attorney-in-fact on 08/26/2025.

How many shares did Ottinger own after the reported sale on LKFN Form 4?

After the sale, the Form 4 reports 32,282 shares beneficially owned by Eric H. Ottinger.