WELCH M SCOTT 4

What Happened

• Director Welch M. Scott purchased 5,000 shares of Lakeland Financial Corp. (LKFN) in an open-market transaction on 2026-03-09 at $55.45 per share, for a total cost of $277,250. This was a purchase (acquisition), which insiders’ buys are often viewed as a more informative signal than routine sales.

Key Details

• Transaction date and price: 2026-03-09 — open-market purchase at $55.45/share.
• Total acquired and value: 5,000 shares, total ~$277,250.
• Filing date: Form 4 filed 2026-03-10 (timely relative to the transaction date).
• Shares owned after transaction: Not specified in the provided filing summary.
• Notes/footnotes: No 10b5-1 plan, tax-withholding, or other special footnotes indicated in the reported transaction.

Context

• This was a straight open-market purchase by a company director (not an option exercise or gift). Purchases by insiders can signal confidence but do not prove future performance; no motive is stated in the filing. Retail investors may view the buy as modestly positive context but should combine this info with company fundamentals and broader insider activity.