Lakeland Financial Corp. Reports Board and Officer Changes

Ticker: LKFN · Form: 8-K · Filed: Jan 31, 2025 · CIK: 721994

Lakeland Financial Corp 8-K Filing Summary
FieldDetail
CompanyLakeland Financial Corp (LKFN)
Form Type8-K
Filed DateJan 31, 2025
Risk Levellow
Pages2
Reading Time2 min
Sentimentneutral

Sentiment: neutral

Topics: governance, executive-changes, board-of-directors

Related Tickers: LKFN

TL;DR

Lakeland Financial Corp. (LKFN) filed an 8-K detailing board and executive changes effective Jan 31, 2025.

AI Summary

Lakeland Financial Corp. announced on January 31, 2025, changes related to its board of directors and executive officers, including the departure of certain individuals and the election of new directors. The company also reported on compensatory arrangements for its officers. Specific details regarding the individuals involved and the nature of the compensatory arrangements were filed as exhibits.

Why It Matters

Changes in a company's board and executive team can signal shifts in strategy, governance, or operational focus, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing primarily concerns routine corporate governance and executive appointments, which typically carry low immediate risk.

Key Players & Entities

  • Lakeland Financial Corp. (company) — Registrant
  • January 31, 2025 (date) — Date of earliest event reported

FAQ

What specific changes were made to the board of directors and executive officers of Lakeland Financial Corp. on January 31, 2025?

The filing indicates changes including the departure of certain directors or officers and the election of new directors, with specific details provided in the exhibits.

Were there any changes to the compensatory arrangements for Lakeland Financial Corp.'s officers?

Yes, the filing states that there were changes to the compensatory arrangements of certain officers, with further information available in the exhibits.

What is the primary purpose of this 8-K filing for Lakeland Financial Corp.?

The primary purpose is to report current information regarding the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as financial statements and exhibits.

What is Lakeland Financial Corp.'s state of incorporation and fiscal year end?

Lakeland Financial Corp. is incorporated in Indiana and its fiscal year ends on December 31.

Where is Lakeland Financial Corp. headquartered?

Lakeland Financial Corp. is headquartered at 202 East Center Street, Warsaw, Indiana 46580.

Filing Stats: 614 words · 2 min read · ~2 pages · Grade level 13.4 · Accepted 2025-01-31 13:19:39

Filing Documents

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits . 10.1 Form of Lakeland Financial Corporation 2017 Amended and Restated Equity Incentive Plan Time-Based Restricted Stock Unit Award Agreement* 10.2 Form of Lakeland Financial Corporation 2017 Amended and Restated Equity Incentive Plan Performance- Based Restricted Stock Unit Award Agreement* 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) *Filed herewith

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 31, 2025 By: /s/ Lisa M. O'Neill Lisa M. O'Neill Executive Vice President and Chief Financial Officer

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