March 12, 2026 · Form 4 insider transaction
Werdein Jeffrey M. sold 368 shares of Lake Shore Bancorp, Inc. at $15.43 per share, a transaction worth $5.7K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
The reporting person elected to pay for a tax liability by withholding securities incident to the vesting of a security (restricted stock) based on a market price of $15.43 per share.; Includes 3,063 remaining shares of restricted stock that were granted on March 12, 2025 and vest in four equal annual installments beginning on the first anniversary of the grant. 1,021 shares vested on March 12, 2026.; 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. 858 shares vested on April 23, 2025.