Every Form 4 that Lake Shore Bancorp, Inc. (LSBK) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow LSBK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LSBK filings page.
Lake Shore Bancorp, Inc. (LSBK) director and Chairman of the Board Kevin M. Sanvidge exercised stock options for 14,563 shares of common stock on September 8, 2026 at an exercise price of $10.62 per share (rounded from $10.61392708). After the exercise, he held 71,887 common shares directly, including unvested restricted stock, and retained options on 2,570 underlying shares at an exercise price of $7.89 per share. He also reported 3,150 shares of common stock held indirectly as custodian for his grandchildren. No Rule 10b5-1 trading plan is reported.
Lake Shore Bancorp, Inc. (LSBK) executive Jeffrey M. Werdein, EVP–Commercial Division, exercised options for 23,132 shares of common stock on August 21, 2026 at an exercise price effectively rounded to $10.62 per share, fully vesting the options and leaving no options from this grant outstanding. To satisfy the option exercise price and related tax liabilities, 16,525 shares of common stock were withheld by the issuer through net settlement; the company states that no shares were sold in the open market. Following these transactions, Werdein reports indirect holdings of 20,000 shares held by an IRA, 7,782 shares held through an ESOP allocation, and 2,000 shares held by his spouse, and his direct holdings include unvested restricted stock awards of 3,025, 3,063, and 1,717 shares from prior grants; shares previously reported through his son are no longer attributed to him because he has no pecuniary interest in them.
Lake Shore Bancorp director Sharon E. Brautigam reported an option exercise and updated holdings of the company’s common stock. She exercised stock options to acquire 1,028 shares of common stock at $7.89 per share, a routine derivative exercise rather than an open‑market purchase or sale.
Following the transaction, she directly holds 24,842 shares of common stock. This direct position includes 893 shares of unvested restricted stock scheduled to vest on December 9, 2026 and 527 shares of unvested restricted stock scheduled to vest on March 18, 2027. She also has 1,542 remaining unvested options that were granted on April 23, 2024 and are scheduled to vest in five equal annual installments beginning on the first anniversary of that grant.
In addition to her direct holdings, the filing shows indirect ownership of 20,000 shares held by an IRA and 474 shares held by her spouse. The option exercise therefore represents a relatively small change compared with the overall share positions reported.
Lake Shore Bancorp EVP Jeffrey M. Werdein reported routine equity activity tied to compensation rather than market trading. On April 23, 2026, 302 shares of common stock were withheld at $15.85 per share to cover a tax liability upon vesting of restricted stock, a non-market disposition.
After this tax withholding, Werdein directly held 54,255 common shares and maintained indirect holdings of 1,056 shares by son, 2,000 by spouse, 7,782 via an Employee Stock Ownership Plan allocation, and 20,000 via an IRA. His equity exposure also includes a fully vested stock option covering 23,132 underlying common shares at an exercise price of $10.62 per share, expiring on October 21, 2026.
In addition, his position includes unvested restricted stock awards: 3,025 shares granted March 18, 2026 vesting in four annual installments, 3,063 remaining shares from a March 12, 2025 grant, and 1,717 remaining shares from an April 23, 2024 grant after 858 shares vested on April 23, 2026.
Lake Shore Bancorp, Inc. insider Kim C. Liddell, described as Director, President and CEO of the bank, reported updated holdings of the company’s common stock. On April 23, 2026, 631 shares were withheld to cover a tax liability upon vesting of restricted stock at a market price of $15.85 per share.
After this tax-withholding disposition, Liddell directly held 70,367 common shares, which include several tranches of unvested restricted stock. Indirect holdings consist of 1,949 shares through an ESOP allocation, 41,661 shares in an IRA, and 10,000 shares held by a spouse.
Lake Shore Bancorp director Ronald J. Passafaro reported a stock award of 573 shares of common stock. The shares were granted at no cost as restricted stock and will vest on March 18, 2027. After this grant, he directly holds 45,837 common shares, which include the unvested restricted stock, and indirectly holds 2,438 shares through an IRA. He also has stock options exercisable for 10,749 common shares at an exercise price of $14.85 per share, expiring on December 9, 2035, with vesting scheduled at 20% per year starting December 9, 2026. This filing reflects routine equity compensation rather than an open-market purchase or sale.
Gilden Taylor M reported acquisition or exercise transactions in this Form 4 filing.
Lake Shore Bancorp, Inc. CFO and Treasurer Taylor M. Gilden received a grant of 3,028 shares of restricted common stock on March 18, 2026 as compensation, at no cash cost per share. These restricted shares vest in four equal annual installments beginning on March 18, 2027.
After this grant, Gilden directly holds 22,403 common shares, which include earlier unvested restricted stock awards referenced in the footnotes. In addition, 2,522 shares are held indirectly through an IRA and 372 shares are held indirectly through an Employee Stock Ownership Plan allocation.
LIDDELL KIM C reported acquisition or exercise transactions in this Form 4 filing.
Lake Shore Bancorp reported that Kim C. Liddell, Dir., President and CEO of the bank, received a grant of 6,285 shares of restricted common stock on March 18, 2026 at a stated price of $0.00 per share as compensation. These restricted shares vest in four equal annual installments beginning on March 18, 2027. Following the grant, Liddell holds 70,998 common shares directly, which include earlier unvested restricted stock awards, and also has indirect ownership of additional shares through a spouse, an IRA, and an ESOP allocation.
Lake Shore Bancorp, Inc. executive vice president Jeffrey M. Werdein reported an equity compensation grant of 3,025 shares of Common Stock on March 18, 2026. These shares are unvested restricted stock that were granted at no cash cost and vest in four equal annual installments beginning on the first anniversary of the grant.
After this award, Werdein directly holds 54,557 Common shares and has a fully vested stock option covering 23,132 shares of Common Stock with a $10.62 exercise price, expiring on October 21, 2026. He also reports additional indirect Common Stock holdings through an IRA, an employee stock ownership plan allocation, and family accounts, which reflect ownership structure rather than new transactions.
Lake Shore Bancorp director Sharon E. Brautigam received an equity grant of 527 shares of common stock on March 18, 2026. The shares are restricted stock that vest on March 18, 2027, so she does not receive them outright until that date.
After this grant, she holds 23,814 common shares directly, which include 893 unvested restricted shares scheduled to vest on December 9, 2026 and the 527 unvested shares vesting on March 18, 2027. She also has indirect holdings of 474 shares held by her spouse and 20,000 shares held by an IRA.
In addition, she holds stock options covering 2,570 shares of common stock at an exercise price of $7.89 per share, expiring on April 22, 2034. Of these options, 514 are vested and exercisable and 2,056 remain unvested, scheduled to vest in equal annual installments beginning one year after the April 23, 2024 grant date.
Lake Shore Bancorp director John L. Mehltretter reported receiving a grant of 667 shares of restricted Common Stock at no cash cost. These shares vest on March 18, 2027. Following the grant, he holds 19,600 Common shares directly and 20,000 shares indirectly through an IRA.
He also holds stock options over 5,237 Common shares with a $14.85 exercise price expiring on December 9, 2035, which vest 20% per year beginning on December 9, 2026, and options over 7,468 shares at $7.89 expiring on April 22, 2034, of which 5,975 are unvested and 1,493 are vested and exercisable.
Lake Shore Bancorp, Inc. director John P. McGrath received an equity grant of 589 shares of common stock as compensation. The shares are restricted stock that will vest on March 18, 2027, meaning he must wait until that date for them to fully become his.
After this award, McGrath holds 10,873 common shares directly, which include the 589 unvested restricted shares, and 79,927 additional shares indirectly through an IRA. He also holds stock options covering 8,220 common shares at an exercise price of $14.85 per share, vesting 20% per year starting December 9, 2026 and expiring in 2035.
Lake Shore Bancorp, Inc. director Kevin M. Sanvidge received an equity award of 893 shares of Common Stock as a grant at no cash cost on March 18, 2026. Following this award, he directly holds 57,324 common shares, which include unvested restricted stock scheduled to vest on December 9, 2026 and March 18, 2027.
He also holds stock options covering 14,563 common shares at an exercise price of 10.6200 per share that are fully vested and expire on October 21, 2026, and options covering 2,570 shares at 7.8900 per share expiring on April 22, 2034, of which 514 are currently vested and exercisable and 2,056 remain unvested. In addition, 3,150 common shares are held indirectly as custodian for his grandchildren.
Lake Shore Bancorp director Michelle M. DeBergalis received a grant of 480 shares of Common Stock as equity compensation. The shares were awarded at no cash cost and are restricted stock scheduled to vest on March 18, 2027. After this grant, she directly holds 8,859 shares of Common Stock, which include previously awarded unvested restricted shares that vest on December 9, 2026 and March 18, 2027. She also holds a stock option covering 8,220 shares of Common Stock at an exercise price of $14.8500 per share, expiring in 2035, with vesting at 20% per year commencing on December 9, 2026. In addition, 157 shares are held indirectly through an IRA.
Lake Shore Bancorp director Ann M. Segarra received a grant of 620 shares of restricted common stock on March 18, 2026, as compensation. These shares vest on March 18, 2027. After the grant, she directly holds 6,692 common shares, including unvested restricted stock.
Footnotes state that this direct position includes 5,058 unvested shares scheduled to vest on December 9, 2026, and the new 620-share award vesting on March 18, 2027. Segarra also holds 81,840 common shares indirectly through an IRA and stock options over 10,749 shares at an exercise price of $14.85 per share, vesting 20% per year starting December 9, 2026 and expiring on December 9, 2035.
Lake Shore Bancorp, Inc. EVP-Commercial Division Jeffrey M. Werdein reported a compensation-related share disposition tied to tax withholding. He had 368 shares of Common Stock withheld at $15.43 per share to cover taxes on vesting restricted stock, a non-market transaction.
Following this, he directly owns 51,532 Common shares, plus indirect holdings of Common Stock through an IRA, an ESOP, his spouse, and his son. He also holds fully vested stock options to buy 23,132 Common shares at an exercise price of $10.62 per share, expiring on October 21, 2026, as well as remaining restricted stock awards described in the footnotes.
Lake Shore Bancorp insider Kim C. Liddell, who serves as director, president and CEO of the bank, had 765 shares of common stock withheld on March 12, 2026 at $15.43 per share to cover a tax liability tied to vesting restricted stock.
After this tax-withholding disposition, Liddell holds 64,713 common shares directly, plus indirect holdings of 10,000 shares by spouse, 41,661 shares in an IRA, and 677 shares through an ESOP. Footnotes note 6,363 remaining restricted shares from a March 12, 2025 grant and 5,247 remaining restricted shares from an April 23, 2024 grant, each vesting in four annual installments.
Lake Shore Bancorp, Inc. director and Chairman of the Board reported a stock gift under a Form 4/A. On December 10, 2025, the insider transferred 1,382 shares of common stock at a price of $0.00, disposing of them from a direct holding and acquiring the same number in an indirect account listed as “As Custodian for Grandchildren.”
After this transaction, the insider directly owned 56,431 shares of common stock and indirectly owned 3,150 shares as custodian for grandchildren. The filing also lists stock options to buy 14,563 shares of common stock at an exercise price of $10.62, fully vested and expiring on October 21, 2026, and options for 2,570 shares at $7.89 per share expiring on April 22, 2034, with 514 already vested and the remaining 2,056 vesting in four equal annual installments starting April 23, 2026.
Lake Shore Bancorp, Inc. director Ronald J. Passafaro reported a grant of stock options on December 9, 2025. He received 10,749 stock options with an exercise price of $14.85 per share, which expire on December 9, 2035. The options were awarded at no cost and will vest at a rate of 20% per year starting on December 9, 2026.
After this grant, Passafaro holds 45,264 shares of Lake Shore Bancorp common stock directly, including 773 restricted shares scheduled to vest on March 12, 2026. He also indirectly holds 2,438 shares through an IRA.
Lake Shore Bancorp director Ann M. Segarra reported new equity awards. On December 9, 2025, she received 5,058 shares of common stock as restricted stock at a price of $0.00 per share. These restricted shares vest on December 9, 2026.
After this grant, she directly holds 6,072 common shares, which include 837 restricted shares vesting on March 12, 2026 and 5,058 restricted shares vesting on December 9, 2026
Segarra was also granted a stock option covering 10,749 shares of common stock with an exercise price of $14.85 per share, expiring on December 9, 2035. These options vest at a rate of 20% per year starting on December 9, 2026.
Lake Shore Bancorp director Sharon E. Brautigam reported receiving 893 shares of restricted common stock on December 9, 2025 at a price of $0.00 per share. These restricted shares are scheduled to vest on December 9, 2026.
After this grant, she directly holds 23,287 shares of common stock, including 815 restricted shares that vest on March 12, 2026 and the 893 restricted shares that vest on December 9, 2026. She also has indirect holdings of 474 shares through a spouse and 20,000 shares through an IRA.
In addition, she holds a stock option to buy 2,570 shares of common stock at an exercise price of $7.89 per share, expiring April 22, 2034. Of these options, 514 had already vested on April 23, 2025, and 2,056 remain unvested and are scheduled to vest in four equal annual installments beginning on April 23, 2026.
Lake Shore Bancorp, Inc. director Michelle M. DeBergalis reported new equity awards. On December 9, 2025, she received 3,868 shares of common stock at $0.00 per share as restricted stock, bringing her directly held common shares to 8,379, plus 157 shares held indirectly through an IRA. The filing notes these 3,868 restricted shares vest on December 9, 2026, and that her total direct holdings include an additional 647 restricted shares vesting on March 12, 2026.
She was also granted a stock option for 8,220 shares with an exercise price of $14.85 per share, expiring on December 9, 2035. These options vest at a rate of 20% per year starting on December 9, 2026, which means the right to exercise them builds gradually over time.
Lake Shore Bancorp, Inc. director and Chairman of the Board Kevin M. Sanvidge reported receiving 893 shares of common stock on December 9, 2025 as an award at a price of $0.00 per share. These are restricted shares that, according to the footnotes, vest on December 9, 2026.
After this grant, Sanvidge directly beneficially owns 57,813 shares of common stock, which include 1,415 restricted shares scheduled to vest on March 12, 2026 and the 893 shares scheduled to vest on December 9, 2026. He also indirectly holds 1,768 shares as custodian for grandchildren.
In addition, Sanvidge holds stock options to purchase 14,563 shares of common stock at an exercise price of $10.62 per share, which are fully vested and expire on October 21, 2026, and options for 2,570 shares at $7.89 per share expiring on April 22, 2034. Of the latter, 514 options are already vested and 2,056 are scheduled to vest in four equal annual installments beginning on April 23, 2026.
Lake Shore Bancorp, Inc. director John P. McGrath received a grant of stock options for 8,220 shares of common stock on December 9, 2025, with an exercise price of $14.85 per share and an expiration date of December 9, 2035. The options were awarded at no cost to him and are classified as directly owned.
The stock options vest in equal installments of 20% per year starting on December 9, 2026. After this grant, McGrath beneficially owns 10,284 shares of common stock directly, including 899 restricted shares that vest on March 12, 2026, and 79,927 shares held indirectly through an IRA.
Lake Shore Bancorp, Inc. director John L. Mehltretter reported a new stock option grant on December 9, 2025. He received 5,237 stock options with a conversion or exercise price of $14.85 per share, expiring on December 9, 2035. These options vest at a rate of 20% per year starting on December 9, 2026.
After this grant, Mehltretter directly holds 18,933 shares of common stock, including 1,005 restricted shares that vest on March 12, 2026, plus an additional 20,000 shares held indirectly through an IRA. He also holds a previous stock option position for 7,468 shares at an exercise price of $7.89 per share, expiring on April 22, 2034, of which 1,493 options vested on April 23, 2025 and 5,975 remain unvested and vest in four equal annual installments beginning on April 23, 2026.
Lake Shore Bancorp, Inc. had a director and Chairman of the Board report a gift of 1,382 shares of common stock on December 10, 2025. The shares were moved from direct ownership to an indirect account held as custodian for grandchildren at a price of $0.00 per share, reflecting a transfer in form of ownership rather than an open-market sale.
After this transaction, the insider beneficially owns 55,538 shares directly, including 1,415 shares of restricted stock that vest on March 12, 2026, and 3,150 shares indirectly as custodian for grandchildren. The director also holds stock options covering 14,563 shares at an exercise price of $10.62 expiring on October 21, 2026, which are fully vested, and options for 2,570 shares at $7.89 expiring on April 22, 2034, with 514 already vested and the remaining 2,056 vesting in four equal annual installments beginning on April 23, 2026.