O'Neill Lisa M 4

What Happened
Lisa M. O'Neill, EVP & CFO of Lakeland Financial Corp. (LKFN), executed multiple equity transactions. The largest was an open‑market sale of 2,900 shares on 2026-02-02 at $60.74 per share, totaling $176,146. She also had 1,585 shares disposed on 2026-02-02 at $60.76 per share to cover tax liabilities ($96,305). Separately, O'Neill acquired 535 shares on 2025-12-31 at $61.96 ($33,149) via salary redirection/dividend reinvestment in a 401(k), and received equity awards of 2,047 shares (2026-02-02) and 2,600 shares (2026-02-03) granted at $0.00 per share.

Key Details

• Open-market sale: 2,900 sh @ $60.74 on 2026-02-02 — proceeds $176,146.
• Tax withholding: 1,585 sh surrendered @ $60.76 on 2026-02-02 — value $96,305 (to cover tax liability).
• 401(k) acquisition: 535 sh @ $61.96 on 2025-12-31 — value $33,149 (footnote: salary redirection/dividend reinvestment in 401(k)).
• Awards/grants: 2,047 sh (2026-02-02) and 2,600 sh (2026-02-03) granted at $0.00 (likely restricted stock/award grants).
• Filing: Form 4 filed 2026-02-04 covering transactions dated 2025-12-31 and 2026-02-02/03. The 12/31/2025 acquisition was reported on 2/4/2026, which is later than the typical 2-business-day Form 4 reporting window.
• Shares owned after these transactions: not specified in the provided excerpt — see the full Form 4 for holdings.

Context

• The 1,585-share disposition labeled as a tax payment indicates shares were surrendered to cover withholding — this is not an open-market sale for cash.
• The grants at $0.00 are awards (compensation), not purchases; they increase her potential ownership but may be subject to vesting.
• Open-market sales are routine insider transactions and do not by themselves indicate management sentiment; the filing simply reports the activity.