LKFN LAKELAND FINANCIAL CORP Insider Trading

LKFN Director Scott Welch buys 10,000 shares at $56.23; stock down -17.7% from 52-week high

Director M. Scott Welch purchased 10,000 shares of Lakeland Financial on 2026-03-12 at $56.23, expanding his holdings to 212,006 shares. The timing is notable: the stock trades at $56.58, down 8.1% over the past 30 days and 17.7% below its 52-week high of $68.73. Welch's prior purchases at LKFN over the past year yielded negative 90-day returns on all three measurable instances (-14.6%, -9.3%, -13.4%), and just three days prior (2026-03-09) he made another purchase at this ticker with no outcome yet measurable. The recent pace of buying—two purchases within five trading days at a stock in sharp decline—occurs in the context of fundamentals showing -2.1% annual revenue decline, though the P/E of 13.28 remains moderate and the company remains profitable at $26.4M net income. Historical pattern and current price action merit monitoring to determine whether this accumulation represents a contrarian entry or reflects other considerations.

Director Scott Welch buys 5,000 LKFN shares at $55.45; stock down 9.4% in 30 days, -17.5% from 52-week high.

Director WELCH M SCOTT purchased 5,000 shares at $55.45, increasing his holdings by 10.2% to 54,000 shares. The timing coincides with price weakness: the stock has declined 9.4% in the past 30 days and trades 17.5% below its 52-week high of $68.73. At his prior trades at LKFN, the director's buy timing has been mixed—only 1 of 4 measurable prior transactions showed a positive 90-day return, and most recently he bought on 2025-03-11 and 2025-03-10 at prices that subsequently declined 14.6% and 9.3% respectively over 30 days. His cross-ticker track record shows a 72.73% 90-day win rate and 10.3% average 90-day return, but that diversity of holdings masks a same-ticker pattern of challenging execution at LKFN. The company trades at a P/E of 13.31 with annual revenue declining 2.1% year-over-year, suggesting modest operational momentum.

Director Welch M Scott purchased 10,000 shares of LKFN at $57.95 on 2026-02-27 for $579,500, raising holdings 25.6% to 49,000 shares.

Director Welch M Scott purchased 10,000 shares at $57.95 on 2026-02-27, increasing his stake by 25.6% to 49,000 shares total. The current price is $58.09, barely 0.2% above the purchase price, suggesting recent-term stability. His prior trades at LKFN show mixed results: 2 of 5 previous buys generated positive 90-day returns (+16.4% and +18.0% in 2023), but the three most recent purchases in March 2025 all posted negative 90-day returns (-14.6%, -9.3%, and -13.4%), indicating deteriorating timing accuracy at this ticker. The company trades at a P/E of 13.64 with modest fundamentals (annual revenue growth of -2.1%), providing limited fundamental tailwind for conviction interpretation. The repetitive, substantial buy activity at this single stock within 12 months of poor post-purchase returns warrants attention to whether underlying conditions have changed or whether the pattern of post-purchase decline may persist.

Director Robert E. Bartels Jr. purchases 296 LKFN shares at $67.77; stock now down 12.3% from 52-week high.

Director Robert E. Bartels Jr. purchased 296 shares of Lakeland Financial at $67.77 on 2025-09-08, increasing his holdings to 29,726 shares. The transaction occurred while the stock trades at $66.54, down 12.3% from its 52-week high of $75.85, despite a 9.5% gain over the prior 30 days. His prior trades at LKFN show mixed outcomes: one strong performer (23.4% gain over 90 days following an August 2023 buy), but three others posting negative returns at the 90-day mark, with a 25% success rate across his broader cross-ticker history. The company reports a $1.7B market cap with a P/E of 17.98 and recent annual revenue contraction of -2.1%, warranting assessment of whether this purchase reflects opportunistic positioning in a modestly valued name or represents a pattern consistent with this director's historically inconsistent timing.

Director Truex purchased 8,309 shares of LKFN at $60.11; holdings doubled to 16,507 shares

Director Melinda Jo Truex acquired 8,309 shares at $60.11 on 2025-05-22, bringing her post-transaction holdings to 16,507 shares—a 101.4% increase from her prior position of 8,198 shares. The purchase occurred at a price that is 20.3% below the 52-week high of $75.85, though the stock is currently trading at $60.46, only $0.35 below the transaction price. This open-market purchase represents a material commitment of $499,453.99, suggesting director confidence in the holding. However, the broader context shows mixed signals: revenue declined 2.1% year-over-year, and the stock is down 7.2% over the prior 90 days, though it has recovered 13.0% over the last 30 days. Investors should monitor whether this acquisition reflects management's assessment of undervaluation or strategic positioning.

Director Welch M. Scott purchased 5,000 LKFN shares at $61.40; stock now -19.1% from 52-week high and -9.8% in 30 days.

Director Welch M. Scott purchased 5,000 shares at $61.40 on 2025-03-11, increasing his holdings to 39,000 shares from 34,000. This represents a 14.7% increase in his position and a $307,000.00 investment. The purchase occurred within the context of recent stock weakness: LKFN is currently trading at $61.38, down 19.1% from its 52-week high of $75.85 and down 9.8% over the past 30 days. Notably, this purchase follows two consecutive buys by Scott on 2025-03-10 and 2025-03-07, suggesting a deliberate accumulation pattern during a period of weakness. His prior trading history at LKFN shows consistent success: of three measurable prior buys at this ticker, all three posted positive 90-day returns (ranging from +16.4% to +23.6%), demonstrating a track record of well-timed purchases at the same company.

Director Welch M Scott purchases 10,000 shares of LKFN for $613,374.34 (blended avg $61.34)

Welch M Scott, a Director, executed 2 purchases totaling 10,000 shares for $613,374.34 at a blended average price of $61.34, expanding his holdings by 5.2% to 201,356 shares. The purchases occurred at prices ($62.15 and $61.29) modestly above the current price of $60.85 but well below the 52-week high of $75.85; the stock has declined 19.8% from its peak and 10.8% over the past 30 days. His prior 5 trades at LKFN show a 100% win rate at the 90-day mark with average gains of +14.8%, establishing a pattern of well-timed accumulation at this ticker. The current purchase follows that established pattern, occurring after the 17.4% decline over the past 90 days, consistent with his track record of buying into weakness.

CEO David Findlay sells 9,643 shares of LKFN at $75.51; prior two sales at this ticker both negative at 90-day mark

CEO David M Findlay sold 9,643 shares at $75.51 on 2024-11-12, reducing holdings from 114,673 to 105,030 shares. His prior two open-market sales at LKFN (on 2024-03-13 and 2024-02-05) both resulted in negative 90-day returns of -10.4% and -5.8% respectively, establishing a pattern of well-timed exits at this ticker. The current price of $74.25 is -1.8% from the 52-week high of $75.64, and the stock has appreciated +15.4% over the past 30 days and +18.8% over 90 days—suggesting this sale occurs near a local peak. The timing is notable given the CEO's demonstrated accuracy in prior exits, though the company's annual revenue growth is -2.1% and P/E stands at 19.14. Investors should monitor whether the stock's post-trade performance aligns with the insider's historical pattern.

Director Robert E Bartels Jr buys 802 LKFN shares at $72.32; stock up 15.8% in 30 days, 17.5% in 90 days.

Director Robert E Bartels Jr purchased 802 shares of Lakeland Financial at $72.32 on 2024-11-08, increasing his holdings by 2.9% to 28,426 shares. The purchase occurred as the stock has appreciated 15.8% over the past 30 days and 17.5% over the past 90 days, currently trading at $72.38. His prior trades at LKFN show mixed timing outcomes: a November 2023 buy generated +8.7% over 30 days and +23.4% over 90 days, while his February 2024 and August 2023 purchases both resulted in negative returns at both horizons. The cross-ticker track record shows 3 prior buys with an average 90-day win rate of 33.33%, suggesting limited predictive accuracy. The company trades at a P/E of 18.65 with a $1.8B market cap and recent revenue contraction of -2.1% year-over-year, tempering any enthusiasm for the accumulation signal.

SVP Stephanie Leniski purchased 4,500 LKFN shares at $65.04, raising holdings 129.5% to 8.0K shares

Stephanie Leniski, a Senior Vice President at Lakeland Financial, purchased 4,500 shares at $65.04 on 2024-09-13, deploying $292.7K to nearly triple her pre-transaction holdings from 3.5K to 8.0K shares. The purchase occurred when the stock was trading 8.9% below its 52-week high of $72.96 and represents a substantial incremental commitment relative to her prior position. The company trades at a P/E of 16.82 with a market cap of $1.7B, though recent annual revenue growth has declined 2.1% year-over-year. No additional context about motivation or scheduled transactions is disclosed in this filing.