Lakeland Financial Corp. Announces Director Changes
Ticker: LKFN · Form: 8-K · Filed: Jan 16, 2025 · CIK: 721994
| Field | Detail |
|---|---|
| Company | Lakeland Financial Corp (LKFN) |
| Form Type | 8-K |
| Filed Date | Jan 16, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation
Related Tickers: LKFN
TL;DR
Lakeland Financial Corp. swapped a director and is talking executive pay.
AI Summary
Lakeland Financial Corp. announced on January 14, 2025, the departure of director Michael J. Reafsnyder and the election of new director David M. Miller. The company also reported on compensatory arrangements for certain officers, though specific details and dollar amounts were not provided in this filing.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board changes and compensation disclosures, with no immediate financial distress or significant operational shifts indicated.
Key Players & Entities
- Lakeland Financial Corp. (company) — Registrant
- Michael J. Reafsnyder (person) — Departing Director
- David M. Miller (person) — Newly Elected Director
- Indiana (location) — State of Incorporation
FAQ
Who has departed from the board of directors at Lakeland Financial Corp.?
Michael J. Reafsnyder has departed from the board of directors.
Who has been elected as a new director to Lakeland Financial Corp.'s board?
David M. Miller has been elected as a new director.
What is the exact date of the earliest event reported in this 8-K filing?
The earliest event reported is January 14, 2025.
What is the principal executive office address for Lakeland Financial Corp.?
The principal executive office is located at 202 East Center Street, Warsaw, Indiana 46580.
What is the Standard Industrial Classification code for Lakeland Financial Corp.?
The Standard Industrial Classification code is 6022 for State Commercial Banks.
Filing Stats: 549 words · 2 min read · ~2 pages · Grade level 12.8 · Accepted 2025-01-16 13:59:42
Filing Documents
- lkfn-20250114.htm (8-K) — 32KB
- lkfn-20250116exhibit991.htm (EX-99.1) — 8KB
- image_0.jpg (GRAPHIC) — 9KB
- stephanieleniski.jpg (GRAPHIC) — 3434KB
- 0000721994-25-000034.txt ( ) — 4904KB
- lkfn-20250114.xsd (EX-101.SCH) — 2KB
- lkfn-20250114_lab.xml (EX-101.LAB) — 21KB
- lkfn-20250114_pre.xml (EX-101.PRE) — 12KB
- lkfn-20250114_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits 99.1 Press Release issued by Lakeland Financial Corporation an d Lake City Bank on January 16, 2025
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LAKELAND FINANCIAL CORPORATION Dated: January 16, 2025 By: /s/ Lisa M. O'Neill Lisa M. O'Neill Executive Vice President and Chief Financial Officer