LAKELAND FINANCIAL CORP·4

Feb 4, 3:59 PM ET

Robinson-Gay Donald 4

Research Summary

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Updated

Lakeland Financial (LKFN) SVP Donald Robinson-Gay Receives Awards, Sells 939 Shares

What Happened

  • Donald Robinson-Gay, Senior Vice President of Lakeland Financial Corp (LKFN), received equity awards and had shares withheld/sold to cover tax obligations. He was granted 1,275 shares on 2026-02-02 and 2,800 shares on 2026-02-03 (both recorded as awards at $0.00). On 2026-02-02, 939 shares were disposed (code F) to satisfy tax/payment obligations at $60.76 per share, producing proceeds of $57,054. Separately, 25 shares were acquired on 2025-12-31 at $61.96 (value $1,549), noted as salary redirection/dividend reinvestment.

Key Details

  • Transaction types: A = Award/Grant (1,275 and 2,800 shares), F = Tax/payment withholding (939 shares sold), J = Other acquisition (25 shares via 401(k)/dividend reinvest).
  • Dates and prices: 2026-02-02 (1,275 shares awarded @ $0.00; 939 shares withheld/sold @ $60.76); 2026-02-03 (2,800 shares awarded @ $0.00); 2025-12-31 (25 shares acquired @ $61.96).
  • Dollar amounts: tax-withholding sale netted ~$57,054; 25-share 401(k)/reinvestment valued ~$1,549.
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnote: F1 indicates salary redirection and/or dividend reinvestment in a 401(k) plan for 2025 (applies to the 25-share acquisition).
  • Filing timeliness: the Form 4 was filed 2026-02-04; no late filing flag is indicated in the supplied details.

Context

  • Awards (code A) are compensation grants and are not open‑market purchases—these increase insider holdings as part of pay. The F-coded transaction reflects shares withheld/sold to satisfy tax or exercise-related obligations (a routine administrative step, not necessarily a market-sentiment signal). The J-coded 25-share acquisition appears to be a 401(k) contribution or dividend reinvestment, per the footnote.