ALEXANDER PATRICK L 4

What Happened

• Patrick L. Alexander, a director of Landmark Bancorp, reported gift transactions. On Jan 9, 2026 he was the recipient of a gift of 5,482 shares (acquired at $0.00). The filing also records two gift entries dated Oct 3, 2025: one disposal of 525 shares and one acquisition of 525 shares (both at $0.00), which appear to reflect trust accounting and stock-dividend adjustments rather than market trades.
• These were gifts (transaction code G), so no cash changed hands. Gifts do not directly signal the insider’s view on the stock the way purchases or sales might.

Key Details

• Transaction dates and amounts:
  • 2026-01-09: Gift — acquired 5,482 shares at $0.00.
  • 2025-10-03: Gift — disposed 525 shares at $0.00.
  • 2025-10-03: Gift — acquired 525 shares at $0.00.
• Footnotes:
  • F1: Shares are included in a trust of which Mr. Alexander became co-trustee and partial beneficiary upon the death of the prior trustee/beneficiary; reported amounts reflect shares over which he has investment control.
  • F2: Share amounts are as adjusted for the company's December 2025 stock dividend.
• Shares owned after the transactions are not specified in the provided data.
• Filing timeliness: The Form 4 was filed on 2026-02-12; the Jan 9, 2026 gift was reported more than two business days after the transaction, so the filing appears late. Late filings reduce the immediacy of the disclosure for investors.

Context

• Gifts (code G) are transfers for estate, tax, or personal reasons and generally should not be interpreted as an endorsement or rejection of the company’s prospects.
• The trust-related footnote indicates these entries reflect control/beneficial reporting tied to a trust and a post-dividend share adjustment, not open-market trading or option exercises.