SEC Form 4 · accession 0001193125-26-386509
Lake Shore Bancorp, Inc. /MD/ · LSBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin M. Sanvidge
Director · Other
Period of report
Sep 8, 2026
Accepted (ET)
Sep 9, 2026 · 4:30 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0002059653
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Sep 8, 2026 | M | 14,563 | $10.62 | A | 71,887 | D | |
| Common Stock | holding | — | — | — | 3,150 | I | As Custodian for Grandchildren |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F1,F3 | $10.62 | Sep 8, 2026 | M | 14,563 | D | — | Oct 21, 2026 | Common Stock | 14,563 | 0 | D |
| Option (right to buy)F4 | $7.89 | holding | — | — | — | — | Apr 22, 2034 | Common Stock | 2,570 | 2,570 | D |
Explanation of responses
- F1Exercise 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.
- F2Includes 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.
- F3Options are fully vested.
- F4Includes 2,056 remaining unvested options which were granted on April 23, 2024 and were scheduled to vest in five equal annual installments beginning on the first anniversary of the grant. 514 options are vested and exercisable.