Form 4: Landmark Bancorp Director Patrick L. Alexander Sells Shares
SEC Form 4
Director Patrick L. Alexander of Landmark Bancorp Inc. reports selling shares of common stock on May 5, 2025.
Summary
- On May 5, 2025, Patrick L. Alexander, a director of Landmark Bancorp Inc. (LARK), sold 3,000 shares of common stock at $30.42 per share.
- He also sold 600 shares at $30.16 per share.
- Following these transactions, Alexander directly owns 76,685 shares of Landmark Bancorp Inc.
- Alexander also indirectly owns 1,696 shares as custodian for grandchildren.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a director's stock sale, which carries a neutral sentiment.
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 in their own company. It provides transparency to the market regarding the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by shareholders, potentially signaling a lack of confidence in the company's future performance, although this is a small transaction relative to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Date of transaction: Sale of 3,000 shares at $30.42 and 600 shares at $30.16. |
| 05/06/2025 | Date of signature on the report. |
Keywords
Landmark Bancorp, LARK, Form 4, Director, Share Sale, Beneficial Ownership, Alexander, Patrick L. Alexander
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