Lakeland Finl Corp SEC Filings

Neuberger Berman Group LLC and affiliate Neuberger Berman Investment Advisers LLC filed Schedule 13G declaring a passive position in Lakeland Financial Corp. (LKFN) as of 30 Jun 2025.

• Aggregate beneficial ownership: 1,512,029 common shares, equal to 5.9 % of LKFN’s outstanding stock.
• Voting/Dispositive power: zero sole; shared voting 1,470,197 shares and shared dispositive 1,512,029 shares across client accounts.
• Filers classify as a parent holding company (HC) and investment adviser (IA) under Rule 13d-1(b) and certify the stake is held in the ordinary course of business, with no intent to influence control.
• Ownership is aggregated from multiple subsidiaries and client portfolios; Neuberger Berman expressly disclaims economic interest beyond its advisory role.

The disclosure raises reported institutional ownership but, given its passive nature, has limited immediate governance or valuation impact.

On 9 July 2025, Director Melinda Jo Truex of Lakeland Financial Corp. (LKFN) filed a Form 4 detailing two recent common-stock transactions:

• 11 June 2025 – 18,328 shares reported under transaction code W at a stated price of $0; post-transaction direct ownership: 34,835 shares.
• 8 July 2025 – 650 additional shares reported under transaction code A at a stated price of $0; post-transaction direct ownership: 35,485 shares.

The filing confirms that Truex is a director, acted as a single reporting person, and now holds 35,485 LKFN shares directly. No derivative security activity was disclosed.

Lakeland Financial Corp (LKFN) Form 4 filing: Director Brian J. Smith reported two transactions dated 07/07-08/2025.

• Common stock: 650 shares acquired at $0 cost, likely a board equity grant, lifting his direct ownership to 41,435 shares.
• Phantom stock: 268 units credited at a reference price of $65.2852. Total derivative (phantom) holdings rise to 20,091 units, which convert 1-for-1 into common shares after the director’s retirement.

No shares were sold and there is no indication of a 10b5-1 trading plan. The filing reflects routine director compensation and modestly increases alignment between the director and shareholders. The magnitude of the purchase is small relative to LKFN’s outstanding float and therefore is unlikely to be materially market-moving.

Form 4 highlights: Lakeland Financial Corp. (LKFN) director Bradley J. Toothaker reported two insider acquisitions dated 07/07-08/2025.

• Common stock: 650 shares acquired on 07/08/2025 at an indicated price of $0 (likely a board equity grant). Toothaker’s direct ownership rose to 25,213 shares, a 2.6% increase.
• Derivative – Phantom stock: 383 units added on 07/07/2025 at a reference value of $65.2852 each, lifting his phantom balance to 18,122 units. Each unit converts 1-for-1 into common stock and becomes exercisable after the director retires from the Board.

No sales were disclosed, and the filing shows the director remains a board member with no 10% ownership. While the absolute share count is modest relative to the company’s float, continued insider accumulation can signal confidence and aligns director incentives with shareholders.

Lakeland Financial Corp. (LKFN) Form 4 filing dated July 9, 2025 discloses routine director equity activity.

• Reporting person: Director Faraz Abbasi.
• Common-stock transaction: 650 shares acquired on 07/08/2025 at a stated price of $0, likely a board equity award. Direct common-stock holdings rise to 5,200 shares.
• Derivative grant: 293 phantom-stock units awarded on 07/07/2025 at a reference value of $65.2852 each. Total phantom-stock balance increases to 2,061 units. Units convert one-for-one into common stock after the director retires; they expire at that time if unexercised.
• No dispositions, sales, or 10b5-1 plan indications were reported.

The filing signals a modest increase in insider ownership but represents an immaterial number of shares relative to LKFN’s ~25 million shares outstanding. As such, the event is viewed as routine board compensation rather than a market-moving insider purchase.