Landmark Bancorp director sells 4,782 shares
LANDMARK BANCORP INC director Patrick L. Alexander reported net open-market sales of 4,782 shares of Common Stock.
Rhea-AI Filing Summary
LANDMARK BANCORP INC director Patrick L. Alexander reported net open-market sales of 4,782 shares of Common Stock. The transactions were executed on May 28–29 at prices around $28.50 per share through a trust where he is co-trustee and partial beneficiary with investment control.
On May 28, an indirect trust account sold 1,482 shares at $28.50, leaving 4,000 shares in that trust account. On May 29, a further indirect sale of 3,300 shares at $28.51 left 700 shares in that trust account. As of May 28, Alexander also held 70,994 shares directly and 2,304 shares indirectly as custodian for grandchildren, which were not part of these sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,782 shares
Net Sell
4 txns
Insider
ALEXANDER PATRICK L
Role
Director
Sold
4,782 shs ($136K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,300 | $28.51 | $94K |
| Sale | Common Stock | 1,482 | $28.50 | $42K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 700 shares (Indirect, See Footnote);
Common Stock — 70,994 shares (Direct);
Common Stock — 2,304 shares (Indirect, As Custodian for Grandchildren)
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.
Key Figures
Shares sold May 28: 1,482 shares at $28.50
Shares sold May 29: 3,300 shares at $28.51
Total shares sold: 4,782 shares
+4 more
7 metrics
Shares sold May 28
1,482 shares at $28.50
Open-market sale, indirect trust holding
Shares sold May 29
3,300 shares at $28.51
Open-market sale, indirect trust holding
Total shares sold
4,782 shares
Net open-market sales across both days
Trust balance after May 28 sale
4,000 shares
Indirect trust holdings post-transaction
Trust balance after May 29 sale
700 shares
Indirect trust holdings post-transaction
Directly held shares
70,994 shares
Direct Landmark Bancorp holdings as of May 28
Custodial holdings
2,304 shares
Indirect holdings as custodian for grandchildren
Key Terms
open-market sale, indirect ownership, As Custodian for Grandchildren, co-trustee and partial beneficiary, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale"; transaction_code_description: "Sale in open market or private transaction""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"direct_or_indirect: "I" and ownership_type: "indirect" for trust and custodial holdings"
As Custodian for Grandchildren financial
"nature_of_ownership: "As Custodian for Grandchildren" for one indirect position"
co-trustee and partial beneficiary financial
"footnote: "a trust of which Mr. Alexander became co-trustee and partial beneficiary""
investment control financial
"footnote: "reflect the shares over which Mr. Alexander has investment control""
FAQ
What insider transactions did Landmark Bancorp (LARK) director Patrick L. Alexander report?
He reported selling 4,782 Landmark Bancorp common shares in open-market transactions. The sales occurred on May 28–29 through a trust where he is co-trustee and partial beneficiary, at prices around $28.50 per share, reducing that trust’s share balance.
At what prices were the Landmark Bancorp (LARK) insider sales executed?
The reported sales were executed near $28.50 per share. One transaction sold 1,482 shares at $28.50, and another sold 3,300 shares at $28.51, both involving Landmark Bancorp common stock held indirectly through a trust with Alexander’s investment control.
What Landmark Bancorp (LARK) holdings remain in the trust after the reported sales?
After selling 1,482 shares on May 28, the trust held 4,000 shares. Following the 3,300-share sale on May 29, that trust account held 700 Landmark Bancorp common shares, according to the reported post-transaction balances in the insider filing data.
AI-generated analysis. How Rhea-AI works. Not financial advice.
