Clark Kyra E 4

What Happened
Kyra E. Clark, Senior Vice President of Lakeland Financial Corp. (LKFN), received stock awards totaling 3,077 shares (1,275 shares on 2026-02-02 and 1,802 shares on 2026-02-03) reported as grants (A) at $0.00 per share. On 2026-02-02, 1,045 shares were surrendered/withheld to satisfy tax obligations (transaction code F) at an indicated value of $60.76 per share, totaling $63,494. Net of the withholding, these transactions result in a net increase of 2,032 shares to her holdings based on the reported grant and withholding amounts.

Key Details

• Transaction dates and amounts:
  • 2026-02-02: Award of 1,275 shares (A) at $0.00.
  • 2026-02-02: Withholding/disposition of 1,045 shares (F) at $60.76 ($63,494 total) to cover tax liability.
  • 2026-02-03: Award of 1,802 shares (A) at $0.00.
• Shares owned after transaction: not specified in the excerpt of the filing provided.
• Codes: A = grant/award; F = payment of exercise price or tax liability (share withholding).
• Filing: Report filed 2026-02-04 for transactions on 2026-02-02 and 02-03; this filing appears timely under standard 2-business-day reporting rules.

Context

• These A-coded entries indicate award/grant activity (commonly restricted stock or RSUs) rather than open-market purchases; the F-coded disposition reflects shares withheld to satisfy tax withholding obligations, a routine administrative step and not a market-sale signal.
• For retail investors: awards increase insider exposure without a cash purchase; withheld shares simply satisfy tax obligations and are common after grants.