SCHEDULE: Kornitzer Capital Management Increases Stake in Landmark Bancorp

Kornitzer Capital Management, Inc. has amended its Schedule 13G filing, reporting beneficial ownership of 6.4% of Landmark Bancorp Inc.'s common stock as of March 31, 2026.

Summary

• Kornitzer Capital Management, Inc. has filed an amendment to its Schedule 13G, indicating a change in its beneficial ownership of Landmark Bancorp Inc. common stock.
• As of March 31, 2026, Kornitzer Capital Management, Inc. beneficially owns 389,082 shares of Landmark Bancorp Inc. common stock.
• This represents 6.4% of the class of securities.
• The filing indicates that Kornitzer Capital Management, Inc. acts as an investment advisor for accounts that have the right to receive dividends and direct the sale of these shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership without new financial performance data or strategic announcements.

Positives

• Kornitzer Capital Management, Inc. has increased its reported beneficial ownership, potentially signaling confidence in Landmark Bancorp Inc.'s prospects.
• The reported ownership stake of 6.4% indicates a significant investment by Kornitzer Capital Management, Inc.

Negatives

• The filing does not provide specific details on the exact nature of the change in beneficial ownership or the reasons behind it, beyond acting as an investment advisor.

Risks

• As an investment advisor, Kornitzer Capital Management, Inc. manages shares for other persons who have the right to receive dividends and direct the sale of the common stock, introducing a layer of indirect control and potential for future sales by those beneficial owners.
• The filing is an amendment to a Schedule 13G, which is typically filed by passive investors. However, any significant shift in holdings could be interpreted by the market.

Future Outlook

No specific forward-looking statements or guidance are provided in this Schedule 13G filing, as it primarily reports on current beneficial ownership.

Management Comments

• Kornitzer Capital Management, Inc. is an investment advisor with respect to the shares of common stock for the accounts of other persons who have the right to receive, and the power to direct the receipt of, dividends from, or the proceeds from the sale of, the common stock of Landmark Bancorp. Inc.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and investment advisors accumulating significant stakes in publicly traded companies. This filing indicates Kornitzer Capital Management's ongoing involvement with Landmark Bancorp Inc., which could be a signal to other market participants.

Stakeholder Impact

• Shareholders: The increased or maintained stake by an investment advisor may be viewed positively, suggesting continued institutional interest, but the indirect nature of ownership through managed accounts means direct control is limited.
• Management: The filing confirms a significant institutional investor's position, which may influence future strategic discussions or board composition considerations.
• Regulators: This is a routine compliance filing, ensuring transparency in ownership.

Next Steps

• Kornitzer Capital Management, Inc. will continue to report any further changes in beneficial ownership as required by SEC regulations.

Key Dates

Keywords

Landmark Bancorp Inc, Kornitzer Capital Management, Schedule 13G, Beneficial Ownership, Common Stock, Investment Advisor, SEC Filing, Amendment