lkfn-20260616

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 11-K


x			ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2025


¨			TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______ to _______

Commission File Number 333-48402

A.Full title of the plan and the address of the plan, if different from that of the issuer named below:

Lakeland Financial Corporation 401(k) Plan

B.Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

Lakeland Financial Corporation

202 East Center Street, P.O. Box 1387

Warsaw, Indiana 46581-1387

REQUIRED INFORMATION

Audited statements of net assets available for benefits of the Lakeland Financial Corporation 401(k) Plan as of December 31, 2025 and 2024, and the related statement of changes in net assets available for benefits for the year ended December 31, 2025 are provided as Exhibit 99.1 to this Form 11-K.

SIGNATURES

The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.


		LAKELAND FINANCIAL CORPORATION 401(k) PLAN

Date: June 16, 2026	By:	Lakeland Financial Corporation,as Trustee to the Plan

	By:	/s/ Kyra E. Clark
		Kyra E. Clark Senior Vice President, Chief Human Resources Officer Director and Plan Administrator

LAKELAND FINANCIAL CORPORATION 401(k) PLAN

EXHIBIT INDEX

ANNUAL REPORT ON FORM 11-K


Exhibit No.	Description	Sequential Page No.
23.1	Consent of Crowe LLP	5
99.1	Financial Statements	6

SEC Form 11-K filed by Lakeland Financial Corporation