Lake Shore Bancorp, Inc. /MD/
For the period ended Mar 31, 2026. Filed May 12, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 12, 2026
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UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The following table reports information regarding repurchases by Lake Shore Bancorp of its common stock in each month of the quarter ended March 31, 2026.
COMPANY PURCHASES OF EQUITY SECURITIES
| Period | Total Numberof SharesPurchased(1) | Average PricePaid per Share | Total Number ofShares Purchasedas Part of PubliclyAnnounced Plansor Programs | Maximum Numberof Shares that MayYet be PurchasedUnder the Plansor Programs (2) |
|---|---|---|---|---|
| January 1 through January 31, 2026 | — | — | — | — |
| February 1 through February 28, 2026 | — | — | — | — |
| March 1 through March 31, 2026 | 2,102 | $15.43 | — | — |
| Total | 2,102 | $15.43 | — | — |
(1)Shares purchased represent shares that were elected to be withheld from the vesting of restricted stock awards to cover income tax withholdings for the individuals upon vesting. Shares were repurchased into authorized and unissued shares.
(2)On October 22, 2025, our Board of Directors adopted a plan to repurchase up to 5% of our outstanding shares of common stock. Repurchases under the plan are expected to commence following the one-year anniversary of the recently completed conversion of Lake Shore, MHC from mutual-to-stock form, or on July 20, 2026.
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