Form 4: Landmark Bancorp Director Michael Scheopner Sells Shares

Sentiment:

SEC Form 4


Director Michael Scheopner of Landmark Bancorp Inc. sold a portion of his common stock holdings on February 12th and 13th, 2025.

Summary

  • Michael Scheopner, a director of Landmark Bancorp Inc. (LARK), reported the sale of company stock.
  • On February 12, 2025, Scheopner sold 3,097 shares of common stock at a price of $25.31 per share.
  • On February 13, 2025, he sold an additional 9,895 shares at $25.014 per share.
  • Following these transactions, Scheopner directly owns 121,374 shares of Landmark Bancorp Inc. common stock.
  • Scheopner also indirectly owns 12,992 shares through an IRA.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting the sale of shares by a company director. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale as slightly negative.

Industry Context

This is a routine disclosure of insider trading activity. It is common for directors and officers to buy and sell shares of their company's stock. The market will look at the size and frequency of the trades to determine if there is any significance.

Stakeholder Impact

  • The sale of shares by a director could be perceived negatively by shareholders, potentially leading to a slight decrease in stock price.

Key Dates

DateDescription
December 2024Company's 5% stock dividend
02/12/2025Sale of 3,097 shares at $25.31
02/13/2025Sale of 9,895 shares at $25.014
02/13/2025Date of signature for the Form 4 filing

Keywords

Landmark Bancorp, LARK, Michael Scheopner, stock sale, director, Form 4, insider trading

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