Pruitt Kristin 4

What Happened

• Kristin Pruitt, President of Lakeland Financial Corp. (LKFN), received equity awards and acquired plan shares while having shares withheld to cover tax obligations.
• She was granted 4,000 shares on 2026-02-03 and 2,047 shares on 2026-02-02 (both reported as awards at $0.00). Separately, 411 shares were acquired on 2025-12-31 at $61.96 (value $25,466) via her 401(k). On 2026-02-02, 1,616 shares were disposed/withheld at $60.76 to satisfy tax liability (proceeds/value $98,188).
• These transactions are award/plan-related and a tax-withholding disposition, not an open-market investment sale.

Key Details

• Dates and prices:
  • 2026-02-03: Award — 4,000 shares @ $0.00 (acquired)
  • 2026-02-02: Award — 2,047 shares @ $0.00 (acquired)
  • 2026-02-02: Tax withholding/disposition (F) — 1,616 shares @ $60.76 (disposed) = $98,188
  • 2025-12-31: 401(k) acquisition (J) — 411 shares @ $61.96 (acquired) = $25,466
• Shares owned after these transactions: not specified in the provided filing excerpt.
• Footnote: F1 states the 401(k) acquisition was via salary redirection and/or dividend reinvestment for 2025.
• Filing: Form 4 filed 2026-02-04 (reports these transactions); no late-filing indicator shown.

Context

• The $0.00 grants are company awards (likely RSUs or similar) rather than market purchases. The F-coded disposition represents shares withheld/surrendered to cover tax withholding, a routine administrative step when awards vest or options are exercised.
• These moves are typical insider compensation and tax-related transactions and do not by themselves indicate a buy/sell signal in open markets.