---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-057542"
form_type: "8-K"
ticker: null
cik: "0001341318"
company_name: "LAKE SHORE BANCORP, INC."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:07:36.604707+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Lake Shore Bancorp appoints Ann Segarra to board; board expands to nine members

## Summary
- Ann Segarra appointed to Board of Directors effective October 27, 2023.
- Brings over 35 years of financial services experience, including 28 at Key Bank and predecessor institutions.
- Bylaws amended to increase board size from eight to nine directors.
- Expected to serve on Audit and Enterprise Risk Committees.
- No arrangements or transactions with the Company exceeding $120,000.

## SEC filing metadata
- accession: 0000950170-23-057542
- form_type: 8-K
- cik: 0001341318
- company_name: LAKE SHORE BANCORP, INC.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1341318/000095017023057542/0000950170-23-057542-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1341318/000095017023057542/lsbk-20231027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-057542
- JSON: https://secwatch.observer/filing/0000950170-23-057542.json
- Plain text: https://secwatch.observer/filing/0000950170-23-057542.txt

## Key facts
- Executive change
  Ann M. Segarra was appointed as Director at LAKE SHORE BANCORP, INC..
  - Action: appointed
  - Role: Director
  source text: On October 27, 2023, the Board of Directors of Lake Shore Bancorp, Inc. (the “Company”) appointed Ann M. Segarra to the Company’s Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1341318/000095017023057542/0000950170-23-057542-index.htm
- Governance Changes
  LAKE SHORE BANCORP, INC.: Amended bylaws to increase the number of directors from eight to nine (effective 2023-10-27).
  - Change: bylaw amendment
  - Effective: 2023-10-27
  source text: On October 27, 2023, the Board of Directors of the Company amended its bylaws to increase the number of directors from eight members to nine members.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1341318/000095017023057542/0000950170-23-057542-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.