M. Scott Welch - 05 Nov 2025 Form 4 Insider Report for LAKELAND FINANCIAL CORP (LKFN)

Role: Director
Signature: /s/ Becka J. Turnbow, Attorney-in-Fact
Issuer symbol: LKFN
Transactions as of: 05 Nov 2025
Net transactions value: +$29,734
Form type: 4
Filing time: 06 Nov 2025, 16:49:23 UTC
Previous filing: 06 Aug 2025
Next filing: 14 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
WELCH M SCOTT	Director	6 LONGWOOD COURT, ELKHART	/s/ Becka J. Turnbow, Attorney-in-Fact	06 Nov 2025	0001189422

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
transaction	LKFN	Phantom Stock	Award	$29,734	+511	+0.86%	$58.19	60,004	05 Nov 2025	Common Stock	511		Direct	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	Each phantom stock unit exercises into 1 share of Common Stock.
F2	Phantom stock is exercisable after the directors' retirement as a Board member.
F3	Phantom shares expire after the directors' retirement as a Board member.