Jeffrey M. Werdein - 18 Jul 2025 Form 3 Insider Report for Lake Shore Bancorp, Inc. /MD/

Signature
/s/ Taylor M. Gilden, pursuant to power of attorney
Issuer symbol
LSBK on Nasdaq
Transactions as of
18 Jul 2025
Net transactions value
$0
Form type
3
Filing time
18 Jul 2025, 17:15:20 UTC
Previous filing
25 Apr 2025
Next filing
13 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Werdein Jeffrey M. EVP-Commercial Division C/O 31 EAST FOURTH STREET, DUNKIRK /s/ Taylor M. Gilden, pursuant to power of attorney 18 Jul 2025 0001616460

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LSBK Common Stock 51,900 18 Jul 2025 Direct F1, F2, F3
holding LSBK Common Stock 2,000 18 Jul 2025 By Spouse
holding LSBK Common Stock 20,000 18 Jul 2025 By IRA
holding LSBK Common Stock 1,000 18 Jul 2025 By Son
holding LSBK Common Stock 6,510 18 Jul 2025 By ESOP F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding LSBK Stock Option (Right to Buy) 18 Jul 2025 Common Stock 23,132 $10.62 Direct F3, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 4,084 shares of restricted stock which vest in four equal annual installments beginning on March 12, 2026.
F2 Includes 2,575 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. 853 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.
F5 Options are fully vested.
F6 Exercise price has been adjusted for the 1.3549 to 1.00 exchange in connection with the Company's mutual to stock conversion.