Lakeland Financial (LKFN) director sells 5,900 shares in open-market trade

Rhea-AI Filing Summary

Lakeland Financial Corp director Bradley J. Toothaker reported an open-market sale of 5,900 shares of Common Stock. The transaction took place on May 29, 2026 at an average price of $60.6193 per share. After this sale, he directly owns 14,278 shares of the company.

Insider Trade Summary

Net Seller: 5,900 shares ($357,654)

Net Sell 1 txn

Insider Toothaker Bradley J

Role null

Sold 5,900 shs ($358K)

Type	Security	Shares	Price	Value
Sale	Common Stock	5,900	$60.6193	$358K

Holdings After Transaction: Common Stock — 14,278 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 5,900 shares Sale price per share: $60.6193 per share Shares owned after transaction: 14,278 shares +1 more

4 metrics

Shares sold 5,900 shares Open-market sale on May 29, 2026

Sale price per share $60.6193 per share Average price for the 5,900-share sale

Shares owned after transaction 14,278 shares Direct ownership following the May 29, 2026 sale

Net shares sold 5,900 shares Net sell direction per transaction summary

Key Terms

open-market sale, Common Stock, Form 4, Sale in open market or private transaction

4 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Sale in open market or private transaction financial

"transaction_code_description: "Sale in open market or private transaction""

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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^*

Toothaker Bradley J

(Last) (First) (Middle)

LAKELAND FINANCIAL CORPORATION

P.O. BOX 1387

(Street)

WARSAW INDIANA 46581-1387

(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)
05/29/2026

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
Common Stock	05/29/2026		S		5,900	D	$60.6193	14,278	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	06/01/2026
	** 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)

FAQ

What insider transaction did Lakeland Financial (LKFN) disclose for Bradley J. Toothaker?

Lakeland Financial reported that director Bradley J. Toothaker sold 5,900 shares of Common Stock in an open-market transaction on May 29, 2026, at an average price of $60.6193 per share, leaving him with 14,278 shares directly owned.

How many Lakeland Financial (LKFN) shares did Bradley J. Toothaker sell?

Bradley J. Toothaker sold 5,900 shares of Lakeland Financial Common Stock. The transaction was reported as an open-market sale, reflecting a reduction in his directly held position while he continues to own 14,278 shares after the trade.

At what price were Bradley J. Toothaker’s Lakeland Financial (LKFN) shares sold?

The 5,900 Lakeland Financial shares were sold at an average price of $60.6193 per share. This pricing is based on the Form 4 disclosure and represents the weighted average for the open-market sale on May 29, 2026.

How many Lakeland Financial (LKFN) shares does Bradley J. Toothaker hold after the sale?

Following the reported sale, Bradley J. Toothaker directly holds 14,278 shares of Lakeland Financial Common Stock. This post-transaction balance is disclosed in the Form 4 as his direct beneficial ownership after the 5,900-share open-market sale.

Was the Lakeland Financial (LKFN) transaction by Bradley J. Toothaker a buy or a sell?

The transaction was a sell. The Form 4 identifies it as an open-market sale of 5,900 shares of Lakeland Financial Common Stock, using transaction code “S” and classifying the direction as a sale rather than a purchase or grant.