{"url_path":"/sec/lsbk/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-12","source_url":"https://www.sec.gov/Archives/edgar/data/2059653/0001193125-26-219601-index.html","accession_number":"0001193125-26-219601","cik":"0002059653","ticker":"LSBK","issuer_name":"Lake Shore Bancorp, Inc. /MD/","edgar_url":"https://www.sec.gov/Archives/edgar/data/2059653/0001193125-26-219601-index.html","primary_entity_key":"0002059653","primary_entity_name":"Lake Shore Bancorp, Inc. /MD/"},"word_count":207,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities and Use of Proceeds\n\nThe following table reports information regarding repurchases by Lake Shore Bancorp of its common stock in each month of the quarter ended March 31, 2026.\n\n \n\nCOMPANY PURCHASES OF EQUITY SECURITIES\n\n \n\nPeriod\n\n \n\nTotal Number\nof Shares\nPurchased(1)\n\n \n\n \n\nAverage Price\nPaid per Share\n\n \n\n \n\nTotal Number of\nShares Purchased\nas Part of Publicly\nAnnounced Plans\nor Programs\n\n \n\n \n\nMaximum Number\nof Shares that May\nYet be Purchased\nUnder the Plans\nor Programs (2)\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nJanuary 1 through January 31, 2026\n\n \n\n \n\n—\n\n \n\n \n\n \n\n—\n\n \n\n \n\n \n\n—\n\n \n\n \n\n \n\n—\n\n \n\nFebruary 1 through February 28, 2026\n\n \n\n \n\n—\n\n \n\n \n\n \n\n—\n\n \n\n \n\n \n\n—\n\n \n\n \n\n \n\n—\n\n \n\nMarch 1 through March 31, 2026\n\n \n\n \n\n2,102\n\n \n\n \n\n$\n\n15.43\n\n \n\n \n\n \n\n—\n\n \n\n \n\n \n\n—\n\n \n\nTotal\n\n \n\n \n\n2,102\n\n \n\n \n\n$\n\n15.43\n\n \n\n \n\n \n\n—\n\n \n\n \n\n \n\n—\n\n \n\n(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.\n\n(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.\n\n \n\n \n\n42"}