The estimated Net Worth of Michael L Kubacki is at least $21.7 Million dollars as of 30 January 2024. Mr. Kubacki owns over 26,600 units of Lakeland stock worth over $2,527,300 and over the last 21 years he sold LKFN stock worth over $19,020,836. In addition, he makes $132,636 as Independent Chairman of the Board at Lakeland.
Michael has made over 33 trades of the Lakeland stock since 2003, according to the Form 4 filled with the SEC. Most recently he sold 26,600 units of LKFN stock worth $1,902,166 on 30 January 2024.
The largest trade he's ever made was exercising 60,000 units of Lakeland stock on 2 February 2007 worth over $654,600. On average, Michael trades about 10,608 units every 127 days since 2003. As of 30 January 2024 he still owns at least 39,800 units of Lakeland stock.
You can see the complete history of Mr. Kubacki stock trades at the bottom of the page.
Michael L. Kubacki serves as Independent Chairman of the Board of the Company. Mr. Kubacki retired from his full-time executive officer position as Executive Chairman of Lakeland Financial and Lake City Bank. If re-elected, he will remain Chairman of the Board. Mr. Kubacki also served as Chief Executive Officer of Lakeland Financial and Lake City Bank from 1998 to 2014 and as President from 1998 to 2010. Prior to joining Lakeland Financial in 1998, Mr. Kubacki served as Executive Vice President of The Northern Trust Bank of California, N.A. We consider Mr. Kubacki to be a qualified candidate for service on the Board due to his intimate familiarity with Lakeland Financial’s operations that he acquired as its Chairman and Chief Executive Officer and his skills and experience in the financial services industry.
As the Independent Chairman of the Board of Lakeland, the total compensation of Michael Kubacki at Lakeland is $132,636. There are 10 executives at Lakeland getting paid more, with David Findlay having the highest compensation of $1,581,990.
Michael Kubacki is 68, he's been the Independent Chairman of the Board of Lakeland since 2016. There are 3 older and 20 younger executives at Lakeland. The oldest executive at Lakeland Financial Corp. is Thomas Hiatt, 72, who is the Independent Director.
Michael's mailing address filed with the SEC is LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW, IN, 46581-1387.
Over the last 21 years, insiders at Lakeland have traded over $38,701,177 worth of Lakeland stock and bought 480,065 units worth $16,717,496 . The most active insiders traders include Michael L Kubacki, M Scott Welch, and David M Findlay. On average, Lakeland executives and independent directors trade stock every 12 days with the average trade being worth of $230,251. The most recent stock trade was executed by Kristin Pruitt on 26 August 2024, trading 12,000 units of LKFN stock currently worth $804,720.
Lakeland Financial Corp is a bank holding company. It provides commercial, retail, wealth advisory and investment management services. Lakeland offers a broad array of products and services throughout its Northern and Central Indiana markets.
Lakeland executives and other stock owners filed with the SEC include: