Filing Analysis
Landmark Bancorp, Inc. reported the voting results from its Annual Meeting of Stockholders held on May 20, 2026. Stockholders approved the election of three Class I directors, ratified the appointment of Forvis Mazars, LLP as the independent auditor, and approved an amendment to increase authorized common shares from 7.5 million to 10 million.
🚩 Red Flags
- Director nominee Angelia K. Stanland received significant opposition, with 1,423,151 votes against compared to 2,246,725 votes for (approximately 38.5% opposition of votes cast).
- The 33.3% increase in authorized common stock (from 7.5 million to 10 million shares) creates potential for future shareholder dilution.
📋 Key Facts
- The Annual Meeting was held on May 20, 2026, with 85.2% of outstanding shares represented.
- Stockholders approved an amendment to the Certificate of Incorporation to increase authorized shares of common stock from 7,500,000 to 10,000,000.
- Three Class I directors (Angela S. Hurt, David H. Snapp, and Angelia K. Stanland) were elected to three-year terms expiring in 2029.
- Forvis Mazars, LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2026.
Landmark Bancorp, Inc. has furnished an investor presentation to be used in upcoming meetings with investors. The presentation, dated May 14, 2026, contains select financial data for recent quarter- and year-end periods.
📋 Key Facts
- The filing was made under Item 7.01 (Regulation FD Disclosure) on May 14, 2026.
- The company included Exhibit 99.1, an investor presentation containing financial data.
- The information is furnished rather than filed, meaning it is not subject to the same liability levels as filed documents under Section 18 of the Exchange Act.
Landmark Bancorp, Inc. reported its financial results for the first quarter ended March 31, 2026, and announced a quarterly cash dividend of $0.21 per share.
📋 Key Facts
- Announced Q1 2026 financial results on April 29, 2026
- Board of Directors approved a cash dividend of $0.21 per share
- Dividend record date is set for May 14, 2026
- Dividend payment date is scheduled for May 28, 2026
Landmark Bancorp, Inc. has replaced Crowe LLP with Forvis Mazars, LLP as its independent registered public accounting firm for the fiscal year ending December 31, 2026, following a competitive selection process.
📋 Key Facts
- The Audit Committee selected Forvis Mazars, LLP on February 23, 2026.
- Crowe LLP was notified of its dismissal on February 24, 2026, effective after the completion of the 2025 audit.
- No disagreements or reportable events were reported for the fiscal years ended December 31, 2024, and 2025.
- Crowe's audit reports for the past two fiscal years contained no adverse opinions or qualifications regarding uncertainty or accounting principles.