Michael E. Gavin
Net Worth

Last updated:

What is Michael E. Gavin net worth?

The estimated net worth of Mr. Michael E. Gavin is at least $6,758,647 as of 8 Feb 2022. He owns shares worth $85,766 as insider, has earned $1,854,301 from insider trading and has received compensation worth at least $4,818,580 in Lakeland Financial Corporation.

What is the salary of Michael E. Gavin?

Mr. Michael E. Gavin salary is $370,660 per year as Executive Vice President & Chief Credit Officer in Lakeland Financial Corporation.

How old is Michael E. Gavin?

Mr. Michael E. Gavin is 69 years old, born in 1956.

What stocks does Michael E. Gavin currently own?

As insider, Mr. Michael E. Gavin owns shares in one company:

Company Title Shares Price per share Total value
Lakeland Financial Corporation (LKFN) Executive Vice President & Chief Credit Officer 1,350 $63.53 $85,766

What does Lakeland Financial Corporation do?

Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and mobile business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. As of December 31, 2021, the company operated 51 offices in fifteen counties, including 45 offices in northern Indiana and six offices in central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.

Michael E. Gavin insider trading

Lakeland Financial Corporation

Mr. Michael E. Gavin has made 24 insider trades between 2012-2022, according to the Form 4 filled with the SEC. Most recently he sold 2,083 units of LKFN stock worth $171,910 on 8 Feb 2022.

The largest trade he's ever made was exercising 8,520 units of LKFN stock on 1 Feb 2019. As of 8 Feb 2022 he still owns at least 1,350 units of LKFN stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 2,083 $82.53 $171,910
Sale
Common Stock 3,000 N/A N/A
Sale
Common Stock 2,657 $65.28 $173,454
Option
Common Stock 4,212 N/A N/A
Option
Restricted Stock Units 4,212 N/A N/A
Sale
Common Stock 261 $50.87 $13,277
Sale
Common Stock 4,500 $47.69 $214,605
Option
Common Stock 7,182 N/A N/A
Option
Restricted Stock Units 7,182 N/A N/A
Sale
Common Stock 399 N/A N/A
Sale
Common Stock 5,000 $45.44 $227,200
Option
Common Stock 8,520 N/A N/A
Option
Restricted Stock Units 8,520 N/A N/A
Sale
Common Stock 4,558 $45.95 $209,440
Option
Common Stock 7,800 N/A N/A
Option
Restricted Stock Units 7,800 N/A N/A
Sale
Common Stock 2,500 $42.97 $107,418
Sale
Common Stock 2,500 $42.97 $107,418
Sale
Common Stock 3,000 $45.94 $137,823
Sale
Common Stock 1,678 $45.4 $76,178
Option
Common Stock 7,140 N/A N/A
Option
Restricted Stock Units 7,140 N/A N/A
Sale
Common Stock 1,500 $43.49 $65,235
Sale
Common Stock 1,500 $43.49 $65,235
Option
Common Stock 4,440 N/A N/A
Option
Restricted Stock Units 4,440 N/A N/A
Sale
Common Stock 3,053 $39.74 $121,323
Option
Common Stock 4,480 N/A N/A
Option
Restricted Stock Units 4,480 N/A N/A
Purchase
Common Stock 600 $39.07 $23,442
Sale
Common Stock 100 $35.96 $3,596
Sale
Common Stock 690 $35.71 $24,638
Option
Common Stock 1,170 N/A N/A
Option
Restricted Stock Units 1,170 N/A N/A
Sale
Common Stock 1,000 $24.05 $24,050
Option
Stock Options (Right to Buy) 1,000 $24.05 $24,050
Option
Common Stock 1,000 $24.05 $24,050
Sale
Common Stock 780 $24.49 $19,102
Sale
Common Stock 57 $24.74 $1,410
Option
Restricted Stock Units 1,220 N/A N/A
Option
Common Stock 1,220 N/A N/A
Sale
Common Stock 440 $24.74 $10,886
Sale
Common Stock 800 $25.01 $20,008
Option
Restricted Stock Units 1,320 N/A N/A
Option
Common Stock 1,320 N/A N/A
Sale
Common Stock 463 $25.87 $11,978
Option
Stock Options (Right to Buy) 2,800 $17.19 $48,118
Option
Common Stock 2,800 $17.19 $48,118
Sale
Common Stock 2,800 $17.19 $48,118

Lakeland Financial key executives

Lakeland Financial Corporation executives and other stock owners filed with the SEC: