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Lake Shore Bancorp, Inc. /MD/·4

Jan 23, 4:30 PM ET

Brautigam Sharon E 4

Research Summary

AI-generated summary

Updated

Lake Shore Bancorp (LSBK) Director Sharon E. Brautigam Receives Award

What Happened
Sharon E. Brautigam, a director of Lake Shore Bancorp, was granted 893 shares of restricted stock on December 9, 2025. The award was granted at $0.00 per share (no cash purchase); the restricted shares are scheduled to vest on December 9, 2026. This was a grant/award—neither a market purchase nor a sale.

Key Details

  • Transaction date: December 9, 2025; filing date: January 23, 2026 (filing appears late).
  • Grant type/code: A = Award/Grant of restricted stock; 893 shares granted at $0.00.
  • Vesting: These 893 shares vest on December 9, 2026 (Footnote F1).
  • Related holdings noted in filing (Footnote F2): includes 815 restricted shares vesting March 12, 2026 and 893 vesting December 9, 2026.
  • Other equity: Footnote F3 notes 514 options vested April 23, 2025 and 2,056 options remain unvested, vesting in four equal annual installments beginning April 23, 2026.
  • Shares owned after transaction: not specified in the summary filing.

Context
Restricted stock awards are compensation and typically vest over time; they are not an immediate cash investment or sale and do not by themselves signal a buy/sell decision. The late filing means the public was notified after the SEC’s usual 2-business-day window for insider reports.