Landmark Bancorp Announces Board Changes and Executive Compensation

Ticker: LARK · Form: 8-K · Filed: Mar 4, 2024 · CIK: 1141688

Landmark Bancorp Inc 8-K Filing Summary
FieldDetail
CompanyLandmark Bancorp Inc (LARK)
Form Type8-K
Filed DateMar 4, 2024
Risk Levellow
Pages5
Reading Time6 min
Key Dollar Amounts$0.01, $44.0 billion, $480,000, $100,000, $19.43
Sentimentneutral

Sentiment: neutral

Topics: board-changes, executive-compensation

TL;DR

Board shuffle at Landmark Bancorp: O'Halloran out as director, in as new director. Exec comp details also filed.

AI Summary

Landmark Bancorp, Inc. announced on March 1, 2024, the departure of director Michael J. O'Halloran and the appointment of two new directors, David L. Johnson and Michael J. O'Halloran, to its Board of Directors. The company also reported on compensatory arrangements for its named executive officers.

Why It Matters

Changes in board composition can signal shifts in company strategy or governance, while details on executive compensation are closely watched by investors for alignment with performance.

Risk Assessment

Risk Level: low — The filing primarily concerns routine board changes and executive compensation disclosures, which are standard corporate events.

Key Players & Entities

  • Landmark Bancorp, Inc. (company) — Registrant
  • Michael J. O'Halloran (person) — Departing and Appointed Director
  • David L. Johnson (person) — Appointed Director
  • March 1, 2024 (date) — Effective date of changes

FAQ

Who has departed from Landmark Bancorp's Board of Directors?

Michael J. O'Halloran has departed from the Board of Directors.

Who are the newly appointed directors to Landmark Bancorp's Board?

David L. Johnson and Michael J. O'Halloran have been appointed as new directors.

What is the effective date of the reported events?

The earliest event reported is dated March 1, 2024.

What other information is disclosed in this 8-K filing besides director changes?

The filing also addresses compensatory arrangements of certain officers.

What is the principal executive office address for Landmark Bancorp, Inc.?

The principal executive offices are located at 701 Poyntz Avenue, Manhattan, Kansas 66502.

Filing Stats: 1,430 words · 6 min read · ~5 pages · Grade level 9.4 · Accepted 2024-03-04 17:21:09

Key Financial Figures

  • $0.01 — nge on which registered Common Stock, $0.01 Par Value LARK The Nasdaq Global Ma
  • $44.0 billion — red in Kansas City, Missouri, with over $44.0 billion in assets. Prior to her latest role at
  • $480,000 — s. Wendel with an annual base salary of $480,000, a cash incentive award of $100,000 pay
  • $100,000 — of $480,000, a cash incentive award of $100,000 payable in early 2025, target annual in
  • $19.43 — ed stock options with a strike price of $19.43 per share and a grant of 5,000 shares o
  • $10,000 — Mr. Scheopner will receive a salary of $10,000 a month and will receive the same benef

Filing Documents

SignatureS

SignatureS Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: March 4, 2024 Landmark Bancorp, Inc. By: /s/ Mark A. Herpich Name: Mark A. Herpich Title: Chief Financial Officer

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