WERDEIN JEFFREY M. (EVP-Commercial Division) exercised options at LAKE SHORE BANCORP, INC. /MD/
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 8/25/2026ACC: 0001193125-26-365199
Officer· EVP-Commercial Division
Since Mar 2026
-16.52K
Net shares
Net seller
$285.1K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
23.13K acquired · 39.66K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+23.13K
Price / share
$10.62
Trade value
$245.66K
% of position
42.6%
8/21/2026
54.26K→77.39K
Common Stock
Direct
Shares
−16.52K
Price / share
$17.25
Trade value
$285.06K
% of position
21.4%
8/21/2026
77.39K→60.86K
Total
Net shares
+6.61K
Net value
-$39.39K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 8/21/2026 | M · Option Exercise | +23.13K | $10.62 | $245.66K | 42.6% | 54.26K | 77.39K |
| Common Stock Direct | 8/21/2026 | F · Tax Withholding | −16.52K | $17.25 | $285.06K | 21.4% | 77.39K | 60.86K |
| Total | +6.61K | -$39.39K | ||||||
Derivative Transactions1
Option (right to buy)
Direct
Converts to
Common Stock
23.13K shares
Shares
−23.13K
Strike price
10.62
Held after
0.00
Exercisable
—
8/21/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Option (right to buy) Direct | Common Stock23.13K shares | 8/21/2026 | M · Option Exercise | −23.13K | 10.62 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)3
Common Stock
IndirectShares owned7.78K
Common Stock
IndirectShares owned2K
Common Stock
IndirectShares owned20K
Total
29.78K indirect29.78K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 7.78K | Indirect |
| Common Stock | 2K | Indirect |
| Common Stock | 20K | Indirect |
| Total | 29.78K | 29.78K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported