Werdein Jeffrey M. bought LSBK
August 21, 2026 · Form 4 insider transaction
Werdein Jeffrey M. bought 23,132 shares of Lake Shore Bancorp, Inc. at $10.62 per share, a transaction worth $245.7K. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Acquired (buy-side)
Shares
23,132
Price
$10.62
Total value
$245.7K
InsiderWerdein Jeffrey M.
RoleOfficer
SecurityCommon Stock
Transaction codeM: Option exercise
Transaction dateAugust 21, 2026
Filing dateAugust 25, 2026
Shares owned after77,387
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Exercise price amounted to $10.61342469, which represents the original exercise price of $14.38, updated for the 1.3549 to 1.00 exchange in connection with the Company's mutual to stock conversion, so that the aggregate cost of the options remained unchanged after conversion. This and previous filings present the exercise price rounded up to the nearest whole penny, or $10.62. No fractional shares were issued to the reporting person.