Sanvidge Kevin M. bought LSBK
September 8, 2026 · Form 4 insider transaction
Sanvidge Kevin M. bought 14,563 shares of Lake Shore Bancorp, Inc. at $10.62 per share, a transaction worth $154.7K. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Exercise price amounted to $10.61392708, 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.; Includes 893 shares of unvested restricted stock which vest on December 9, 2026, and 893 shares of unvested restricted stock which vest on March 18, 2027.