Christian Darrianne P 4
4 · LAKELAND FINANCIAL CORP · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Lakeland Financial (LKFN) Director Christian Darrianne Receives Award
What Happened Christian Darrianne P, a director of Lakeland Financial Corp. (LKFN), was granted 45 phantom stock units on 2026-02-05. The units are reported at $62.10 each, for a total reported value of $2,795. This was an award/grant (derivative) rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-05; Filing date (Form 4): 2026-02-06 (timely filing).
- Instrument: 45 phantom stock units (derivative award) recorded at $62.10/unit; total $2,795.
- Transaction code: A = Award/Grant (derivative).
- Shares owned after transaction: Not specified in the filing.
- Footnotes from the filing:
- F1: Each phantom stock unit converts into 1 share of common stock.
- F2: Phantom stock becomes exercisable after the director’s retirement from the board.
- F3: Phantom shares expire per plan terms after the director’s retirement.
Context This was a phantom-stock grant (a derivative award). Phantom units do not represent immediate common-stock transfers; per the footnotes they convert 1:1 into shares under plan rules and appear tied to post-retirement vesting/exercise and expiration conditions. Because this is an award to a director, it’s a routine compensation/retention action rather than a market buy/sell signal.
Insider Transaction Report
- Award
Phantom Stock
[F1][F2][F3]2026-02-05$62.10/sh+45$2,795→ 5,435 total→ Common Stock (45 underlying)
Footnotes (3)
- [F1]Each phantom stock unit exercises into 1 share of Common Stock.
- [F2]Phantom stock is exercisable after the directors' retirement as a Board member.
- [F3]Phantom shares expire after the directors' retirement as a Board member.