Kim C. Liddell - 18 Jul 2025 Form 3 Insider Report for Lake Shore Bancorp, Inc. /MD/

Role: Dir., Pres. and CEO of Bank
Signature: /s/ Kim C. Liddell
Issuer symbol: LSBK on Nasdaq
Transactions as of: 18 Jul 2025
Net transactions value: $0
Form type: 3
Filing time: 18 Jul 2025, 17:15:07 UTC
Previous filing: 14 Mar 2025
Next filing: 13 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
LIDDELL KIM C	Dir., Pres. and CEO of Bank	31 EAST FOURTH STREET, DUNKIRK	/s/ Kim C. Liddell	18 Jul 2025	0001282955

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LSBK	Common Stock						65,478	18 Jul 2025	Direct	F1, F2, F3
holding	LSBK	Common Stock						10,000	18 Jul 2025	By Spouse
holding	LSBK	Common Stock						41,661	18 Jul 2025	By IRA	F3
holding	LSBK	Common Stock						677	18 Jul 2025	By ESOP	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 8,484 shares of restricted stock which vest in four equal annual installments beginning on March 12, 2026.
F2	Includes 5,247 remaining shares of restricted stock that were granted on April 23, 2024 and vest in four equal annual installments beginning on the first anniversary of the grant. 1,748 shares vested on April 23, 2025.
F3	Reflects a 1.3549 to 1.00 stock exchange in connection with the Company's mutual to stock conversion.
F4	These shares were acquired pursuant to an Employee Stock Ownership Plan Allocation.