Lake Shore Bancorp Insider Activity: A Close‑Read of Sanvidge Kevin M.’s Recent Move
Sanvidge Kevin M.’s latest purchase of 893 shares of common stock on December 9, 2025, while modest in size, carries a subtle but noteworthy signal. The transaction was executed at $15.36, essentially unchanged from the prevailing market price, and the filing reveals a broader pattern of restrained but consistent buying. Over the past year, Kevin has alternated between sales and purchases of roughly 1,382 shares, with a net position that has risen from 3,150 to 56,431 shares. The latest trade adds only a fraction of his holdings, suggesting a confidence in Lake Shore’s medium‑term trajectory rather than a speculative wager.
Implications for Investors and Company Outlook
From an investor’s perspective, the timing of the buy coincides with a 1.39 % weekly uptick and a 3.85 % monthly gain, positioning the stock just 0.1 % below its 52‑week high of $15.63. The company’s recent quarterly report noted modest earnings and revenue growth, and its price‑to‑earnings ratio of 12.79 remains comfortably within the sector average. The insider activity, coupled with a positive social‑media sentiment score of +76 and a buzz level of 598 % in December, indicates that the market’s reaction to the filing has been largely favorable. For investors, this could translate into a tacit endorsement of Lake Shore’s strategic initiatives—particularly its focus on operational efficiency and loan portfolio expansion—without the volatility that often accompanies large insider trades.
A Profile of Sanvidge Kevin M.
Kevin’s trading pattern reflects a long‑term stewardship role rather than opportunistic short‑term trading. His holdings of restricted stock that vest over several years, and his accumulation of stock options—14,563 shares fully vested as of October 2026—underscore a commitment to the company’s future value. Historically, he has sold shares in batches of 1,382 when market conditions were less favorable, only to repurchase similar volumes when the price dipped. This disciplined approach, combined with his sizable post‑trade position, signals a belief in Lake Shore’s resilience and potential for sustainable growth.
Broader Insider Activity Context
Lake Shore’s insider activity is relatively modest compared with peers, with seven key insiders each executing between three and four transactions in the most recent filings. The collective buying behavior, particularly by executives like Passafaro Ronald J and Brautigam Sharon E, indicates a shared confidence in the bank’s strategic direction. Meanwhile, the absence of large sell‑off volumes suggests that the board and key officers are not anticipating imminent distress.
Conclusion
While Kevin M.’s 893‑share purchase may appear routine, it sits within a broader narrative of steady insider support, positive market sentiment, and a company posting incremental earnings growth. For investors, the filing provides a small but reassuring touchpoint that those closest to Lake Shore Bancorp’s day‑to‑day operations remain optimistic about the bank’s path forward.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2025-12-09 | Sanvidge Kevin M. () | Buy | 893.00 | 0.00 | Common Stock |
| N/A | Sanvidge Kevin M. () | Holding | 1,768.00 | N/A | Common Stock |
| 2026-10-21 | Sanvidge Kevin M. () | Holding | 14,563.00 | N/A | Stock Option (Right to Buy) |
| 2034-04-22 | Sanvidge Kevin M. () | Holding | 2,570.00 | N/A | Stock Option (Right to Buy) |
| N/A | McGrath John P () | Holding | 10,284.00 | N/A | Common Stock |
| N/A | McGrath John P () | Holding | 79,927.00 | N/A | Common Stock |
| 2025-12-09 | McGrath John P () | Buy | 8,220.00 | N/A | Stock Option (Right to Buy) |
| N/A | Passafaro Ronald J () | Holding | 45,264.00 | N/A | Common Stock |
| N/A | Passafaro Ronald J () | Holding | 2,438.00 | N/A | Common Stock |
| 2025-12-09 | Passafaro Ronald J () | Buy | 10,749.00 | N/A | Stock Option (Right to Buy) |
| 2025-12-09 | Segarra Ann M () | Buy | 5,058.00 | 0.00 | Common Stock |
| N/A | Segarra Ann M () | Holding | 81,840.00 | N/A | Common Stock |
| 2025-12-09 | Segarra Ann M () | Buy | 10,749.00 | N/A | Stock Option (Right to Buy) |
| 2025-12-09 | Brautigam Sharon E () | Buy | 893.00 | 0.00 | Common Stock |
| N/A | Brautigam Sharon E () | Holding | 474.00 | N/A | Common Stock |
| N/A | Brautigam Sharon E () | Holding | 20,000.00 | N/A | Common Stock |
| 2034-04-22 | Brautigam Sharon E () | Holding | 2,570.00 | N/A | Stock Option (Right to Buy) |
| 2025-12-10 | Sanvidge Kevin M. () | Sell | 1,382.00 | 0.00 | Common Stock |
| 2025-12-10 | Sanvidge Kevin M. () | Buy | 1,382.00 | 0.00 | Common Stock |
| 2026-10-21 | Sanvidge Kevin M. () | Holding | 14,563.00 | N/A | Stock Option (Right to Buy) |
| 2034-04-22 | Sanvidge Kevin M. () | Holding | 2,570.00 | N/A | Stock Option (Right to Buy) |
| 2025-12-09 | DeBergalis Michelle M () | Buy | 3,868.00 | 0.00 | Common Stock |
| N/A | DeBergalis Michelle M () | Holding | 157.00 | N/A | Common Stock |
| 2025-12-09 | DeBergalis Michelle M () | Buy | 8,220.00 | N/A | Stock Option (Right to Buy) |
| N/A | Mehltretter John L () | Holding | 18,933.00 | N/A | Common Stock |
| N/A | Mehltretter John L () | Holding | 20,000.00 | N/A | Common Stock |
| 2025-12-09 | Mehltretter John L () | Buy | 5,237.00 | N/A | Stock Option (Right to Buy) |
| 2034-04-22 | Mehltretter John L () | Holding | 7,468.00 | N/A | Stock Option (Right to Buy) |
