Form 4: Landmark Bancorp Director Patrick L. Alexander Sells 20,000 Shares
SEC Form 4 Filing
Director Patrick L. Alexander sold 20,000 shares of Landmark Bancorp Inc. (LARK) at $24.53 per share on February 10, 2025.
Summary
- On February 10, 2025, Patrick L. Alexander, a director of Landmark Bancorp Inc. (LARK), sold 20,000 shares of common stock.
- The sale price was $24.53 per share.
- Following the transaction, Alexander directly owns 80,285 shares of Landmark Bancorp common stock.
- Alexander also indirectly owns 1,696 shares as custodian for grandchildren.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when a company insider, such as a director, buys or sells shares of their company's stock. It provides transparency to the market regarding insider transactions.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but it's a relatively small transaction and may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| December 2024 | Company's 5% stock dividend |
| 02/10/2025 | Date of transaction: Sale of 20,000 shares of common stock |
| 02/11/2025 | Date of signature on the Form 4 filing |
Keywords
Landmark Bancorp, LARK, Patrick L. Alexander, Director, Stock Sale, Form 4, Beneficial Ownership, Securities
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