Trust tied to Landmark director sells 700 shares
Landmark Bancorp Inc. director Patrick L. Alexander reported an indirect open-market sale of 700 shares of common stock at $28.50 per share.
Rhea-AI Filing Summary
Landmark Bancorp Inc. director Patrick L. Alexander reported an indirect open-market sale of 700 shares of common stock at $28.50 per share. The sale was executed through a trust where he serves as co-trustee and partial beneficiary with investment control.
After the transactions, Alexander holds 70,994 Landmark Bancorp shares directly and 2,304 shares indirectly as custodian for grandchildren. The reported sale is small relative to his remaining overall holdings, indicating a modest reduction in his indirect ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 700 | $28.50 | $20K |
| holding | Common Stock | -- | -- | -- |
| holding | 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.
Key Figures
Key Terms
open-market sale financial
indirect ownership financial
co-trustee financial
partial beneficiary financial
investment control financial
FAQ
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What insider transaction did Landmark Bancorp (LARK) report for Patrick L. Alexander?
Was the Landmark Bancorp (LARK) insider sale a direct or indirect transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.