Kornitzer Reports 376,339 Shares (6.5%) in Landmark Bancorp

Rhea-AI Filing Summary

Kornitzer Capital Management, Inc. filed an amended Schedule 13G reporting it beneficially owns 376,339 shares of Landmark Bancorp Inc. common stock, equal to 6.5% of the outstanding class as of 09/30/2025. The filing shows Kornitzer has sole voting power over all 376,339 shares but reports no sole dispositive power and shared dispositive power over 119,258 shares, indicating it acts as an investment adviser for client accounts that hold the economic interest.

The filing certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing control. The report includes Kornitzer’s Kansas address and is signed by its president on 10/10/2025.

Positive

• Transparent disclosure of ownership showing 376,339 shares and voting/dispositive split
• Clear certification that the position is held in the ordinary course and not for control purposes

Negative

• Concentration risk: a single adviser holds 6.5% of the class, which may affect voting outcomes
• Shared dispositive power over 119,258 shares could complicate clarity around economic beneficiaries

Insights

Investment Adviser Compliance Specialist

Institutional adviser reports a >5% passive stake and voting control.

The filing shows an 6.5% beneficial ownership position with sole voting power over 376,339 shares while economic disposition is shared for 119,258 shares, which is consistent with an investment adviser holding securities for client accounts.

Compliance risk centers on accurate disclosure of voting versus dispositive powers and the certification that holdings are not intended to influence control; monitor any future amendments or Schedule 13D filings for changes in intent or concentration.

Corporate Governance Analyst

A single adviser holds meaningful voting influence but reports passive intent.

Holding 6.5% of a public class can confer influence through voting although the filer certifies passive intent. The distinction between sole voting power and shared dispositive power suggests voting decisions could be made by the adviser while economic interests reside with clients.

Key near-term items to watch include voting records at shareholder meetings and any changes to ownership or intent filings before the next major corporate vote or proxy season in 2026.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 10)

LANDMARK BANCORP INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

51504L107

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 51504L107

1

Names of Reporting Persons

KORNITZER CAPITAL MANAGEMENT INC /KS

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

KANSAS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 376,339.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 119,258.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

376,339.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.5 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: LANDMARK BANCORP INC
(b)	Address of issuer's principal executive offices: 701 POYNTZ AVENUE, 701 POYNTZ AVENUE, MANHATTAN, KANSAS, 66502.
Item 2.
(a)	Name of person filing: Kornitzer Capital Management, Inc.
(b)	Address or principal business office or, if none, residence: 5420 West 61st Place Mission, KS 66205
(c)	Citizenship: Kansas
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 51504L107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 376,339
(b)	Percent of class: 6.5%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 376,339
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 119,258
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Kornitzer Capital Management, Inc. is an investment advisor with respect to the shares of common stock for the accounts of other persons who have the right to receive, and the power to direct the receipt of, dividends from, or the proceeds from the sale of, the common stock of Landmark Bancorp. Inc.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

KORNITZER CAPITAL MANAGEMENT INC /KS

Signature:	Joe Neuberger
Name/Title:	President
Date:	10/10/2025

FAQ

What stake does Kornitzer Capital Management report in Landmark Bancorp (LARK)?

Kornitzer reports beneficial ownership of 376,339 shares, equal to 6.5% of the class.

Does Kornitzer have voting control over the shares of LARK?

Yes, the filing reports sole voting power for all 376,339 shares but no sole dispositive power.

Are the shares held for control or passive purposes according to the filing?

The filing certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing control.

How many shares have shared dispositive power under Kornitzer's report?

The report shows shared dispositive power over 119,258 shares.

When is the reporting date referenced in the Schedule 13G/A for LARK?

The date of the event requiring the filing is 09/30/2025, and the signature is dated 10/10/2025.