ALEXANDER PATRICK L 4
4 · LANDMARK BANCORP INC · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Landmark Bancorp (LARK) Director Patrick L. Alexander Sells Shares
What Happened
Patrick L. Alexander, a director of Landmark Bancorp (LARK), disposed of a total of 4,782 shares in two open-market sales: 1,482 shares at $28.50 on 2026-05-28 (≈ $42,237) and 3,300 shares at $28.51 on 2026-05-29 (≈ $94,083). These were sales (transaction code S), not purchases or option exercises.
Key Details
- Transaction dates and prices:
- 2026-05-28: 1,482 shares sold at $28.50 each (≈ $42,237)
- 2026-05-29: 3,300 shares sold at $28.51 each (≈ $94,083)
- Total shares sold: 4,782; approximate total proceeds: $136,320.
- Shares owned after transaction: Not specified in the filing.
- Footnote: The shares are included in a trust of which Mr. Alexander became co‑trustee and partial beneficiary upon the death of the prior trustee/beneficiary; the filing reflects shares over which he has investment control (Footnote F1).
- Filing timeliness: Reported on 2026-05-29 for transactions dated 2026-05-28–05-29 (appears timely).
Context
These were outright sales (liquidity events) reported by a company director. Sales do not necessarily indicate a negative view of the company—especially when tied to trust or estate administration as noted in the footnote—so retail investors should consider broader insider activity and company fundamentals when interpreting this filing.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-28$28.50/sh−1,482$42,237→ 4,000 total(indirect: See Footnote) - Sale
Common Stock
[F1]2026-05-29$28.51/sh−3,300$94,083→ 700 total(indirect: See Footnote)
- 70,994
Common Stock
- 2,304(indirect: By Children)
Common Stock
Footnotes (1)
- [F1]These shares are included in a trust of which Mr. Alexander became co-trustee and partial beneficiary upon the death of prior trustee and beneficiary, and reflect the shares over which Mr. Alexander has investment control.