---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-114148"
form_type: "8-K"
ticker: "LSBK"
cik: "0002059653"
company_name: "Lake Shore Bancorp, Inc. /MD/"
filed_at: "2026-03-18T23:59:59+00:00"
generated_at: "2026-05-15T09:58:49.608333+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Lake Shore Bancorp appoints Dennis Pollack to board under standstill pact with Stilwell Group

## Summary
- Standstill agreement with Stilwell Group runs through 2029 Annual Meeting; Stilwell withdrew director nomination and business proposal.
- Dennis Pollack appointed to boards of Lake Shore Bancorp and Lake Shore Bank, effective March 17, 2026.
- Company amended bylaws to allow two-thirds board vote to waive director qualifications, used to appoint Pollack.
- Stilwell Group and Pollack bound by standstill restrictions: no additional share purchases, proxy contests, or change-of-control actions.
- Pollack receives standard non-employee director compensation and equity grants starting 2027; Stilwell reimburses his travel.

## SEC filing metadata
- accession: 0001193125-26-114148
- form_type: 8-K
- ticker: LSBK
- cik: 0002059653
- company_name: Lake Shore Bancorp, Inc. /MD/
- filed_at: 2026-03-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2059653/000119312526114148/0001193125-26-114148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2059653/000119312526114148/lsbk-20260317.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-114148
- JSON: https://secwatch.observer/filing/0001193125-26-114148.json
- Plain text: https://secwatch.observer/filing/0001193125-26-114148.txt

## Source-grounded claims
- claim_id: 19a2d839f5c5bf989f9ebaa613014b503ea31723
  claim: Lake Shore Bancorp, Inc. /MD/: Amended and restated bylaws to allow the Board to waive director qualification requirements by a two-thirds vote (effective 2026-03-17).
  evidence_excerpt: On March 17, 2026, the Board of Directors of the Company amended and restated the Company’s Bylaws to allow the Board of Directors to waive any director qualification requirements set forth in the Company’s Bylaws if the Board of Directors determines, by a two-thirds vote of the directors, it is in the best interest of the Company to waive such qualification.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2059653/000119312526114148/0001193125-26-114148-index.htm
- claim_id: 8c50a2a99cb88edb9c6ced5a2f8fe5947c9b70fc
  claim: Lake Shore Bancorp, Inc. /MD/ entered into Standstill Agreement with Stilwell Activist Fund, L.P., Stilwell Activist Investments, L.P., Stilwell Partners, L.P., Stilwell Value LLC, Joseph Stilwell (collectively, the “Stilwell Group”) and Dennis Pollack (effective 2026-03-17).
  evidence_excerpt: On March 17, 2026, Lake Shore Bancorp, Inc. (the “Company”) entered into a Standstill Agreement (the “Agreement”) with Stilwell Activist Fund, L.P. (“Activist Fund”), Stilwell Activist Investments, L.P. (“Activist Investments”), Stilwell Partners, L.P. (“Stilwell Partners”), Stilwell Value LLC, (“Stilwell Value”), Joseph Stilwell (collectively, with Activist Fund, Activist Investments, Stilwell Partners, and Stilwell Value, the “Stilwell Group,” and each individually, a “Stilwell Group Member”) and Dennis Pollack.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2059653/000119312526114148/0001193125-26-114148-index.htm

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