BlackRock, Inc. Increases Stake in Lakeland Financial Corporation (LKFN) to 13.5%

BlackRock, Inc. has filed a Schedule 13G/A (Amendment No. 16) regarding its holdings in Lakeland Financial Corporation (LKFN). As of March 31, 2026, BlackRock reports beneficial ownership of 3,513,643 shares of common stock, representing a 13.5% ownership stake in the company. This reflects a significant increase from the previously reported 0.0% position. Of the total shares held, BlackRock maintains sole voting power over 3,475,938 shares and sole dispositive power over all 3,513,643 shares. The filing identifies the iShares Core S&P Small-Cap ETF as a specific entity holding more than five percent of the total outstanding common stock. The acquisition was made in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The filing was signed by Spencer Fleming, Managing Director, on April 24, 2026.