Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses LARK in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named LARK in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Abigail Wendel | $476,370 | $0 | $0 | $0 | $252,000 | $0 | $39,106 | $767,476 |
| President and Chief Executive Officer | ||||||||
| Mark Herpich | 289,407 | 0 | 0 | 0 | 96,838 | 0 | 31,686 | 417,931 |
| Executive Vice President and Chief Financial Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Abigail Wendel | $767,476 | $863,082 | — | −95,606 |
| Mark Herpich | 417,931 | 446,803 | — | −28,872 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Wendel | RSU | 4,948 | — | $129,588 |
| Wendel | RSU | 4,134 | — | 108,269 |
| Mark Herpich | RSU | 2,433 | — | 63,720 |
| Mark Herpich | RSU | 475 | — | 12,440 |
| Wendel | Option | 44,100 | 17.62 | — |
| Mark Herpich | Option | 5,217 | 18.29 | — |
The Company's executive compensation program is designed to attract, retain, and motivate qualified executives while aligning pay with performance and stockholder interests. Total compensation is generally aligned around the market median, with adjustments based on individual experience, tenure, performance, and scope of responsibilities.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-05-21 | 2,607,709 | 278,333 | 43,892 | 90.36% | Passed |
| 2022 | 2022-05-18 | 2,415,949 | 462,301 | 10,505 | 83.94% | Passed |
| 2019 | 2019-05-22 | 2,170,517 | 328,721 | 32,815 | 86.85% | Passed |
| 2016 | 2016-05-18 | 1,772,770 | 297,787 | 42,348 | 85.62% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2025 | 2025-05-21 | 90.36%a |
| 2022 | 2022-05-18 | 83.94%b |
| 2019 | 2019-05-22 | 86.85%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Patrick L. AlexanderIndependent · Board Chair · Nominating/Governance | $68,400 | $0 | — | — | — | $68,400 |
| Mark KohlrusIndependent · Audit and Risk (Chair) | 39,150 | 0 | — | — | — | 39,150 |
| David H. SnappNot independent | 35,800 | 0 | — | — | — | 35,800 |
| Jim W. LewisIndependent · Compensation | 35,150 | 0 | — | — | — | 35,150 |
| Sandra J. MollIndependent · Nominating and Corporate Governance | 35,150 | 0 | — | — | — | 35,150 |
| Wayne R. SloanIndependent · Lead Independent Director · Nominating and Corporate Governance (Chair) | 34,900 | 0 | — | — | — | 34,900 |
| Angelia K. StanlandIndependent · Compensation (Chair) | 34,400 | 0 | — | — | — | 34,400 |
| Sarah Hill-NelsonIndependent · Compensation · Not standing for re-election | 33,500 | 0 | — | — | — | 33,500 |
| Angela S. HurtIndependent · Audit and Risk | 33,500 | 0 | — | — | — | 33,500 |
| Thomas A. PageIndependent · Audit and Risk · Audit | 30,000 | 0 | — | — | — | 30,000 |
| Michael E. ScheopnerIndependent | 15,500 | 0 | — | — | — | 15,500 |
| Ms. WendelEmployee director | — | — | — | — | — | 0 |
| Annual cash retainer | $23,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | $2,000 |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $395,450 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $395,450 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Landmark Bancorp | 2025 | Abigail Wendel | $476,370 | $0 | $0 | $252,000 | $767,476 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Abigail Wendel | DEF 14A | 2026-04-20 | 0001493152-26-018137 | Section “Executive Compensation”. As printed: 767,476. Filing ↗machine: r2 · c29 · span 431054–431061 |
| 2 | Section 01, Mark Herpich | DEF 14A | 2026-04-20 | 0001493152-26-018137 | Section “Executive Compensation”. As printed: 417,931. Filing ↗machine: r4 · c29 · span 440721–440728 |
| 3 | Section 08, Patrick L. Alexander | DEF 14A | 2026-04-20 | 0001493152-26-018137 | Section “Director Compensation”. As printed: 68,400. Filing ↗machine: span 345891–345961 |
| 4 | Section 08, Mark Kohlrus | DEF 14A | 2026-04-20 | 0001493152-26-018137 | Section “Director Compensation”. As printed: 39,150. Filing ↗machine: span 350541–350611 |
| 5 | Section 08, David H. Snapp | DEF 14A | 2026-04-20 | 0001493152-26-018137 | Section “Director Compensation”. As printed: 35,800. Filing ↗machine: span 361914–361984 |
| 6 | Section 08, Jim W. Lewis | DEF 14A | 2026-04-20 | 0001493152-26-018137 | Section “Director Compensation”. As printed: 35,150. Filing ↗machine: span 357363–357433 |
| 7 | Section 08, Sandra J. Moll | DEF 14A | 2026-04-20 | 0001493152-26-018137 | Section “Director Compensation”. As printed: 35,150. Filing ↗machine: span 352811–352881 |
| 8 | Section 08, Wayne R. Sloan | DEF 14A | 2026-04-20 | 0001493152-26-018137 | Section “Director Compensation”. As printed: 34,900. Filing ↗machine: span 359644–359714 |
| 9 | Section 08, Angelia K. Stanland | DEF 14A | 2026-04-20 | 0001493152-26-018137 | Section “Director Compensation”. As printed: 34,400. Filing ↗machine: span 364200–364270 |
| 10 | Section 08, Sarah Hill-Nelson | DEF 14A | 2026-04-20 | 0001493152-26-018137 | Section “Director Compensation”. As printed: 33,500. Filing ↗machine: span 355095–355165 |
| 11 | Section 08, Angela S. Hurt | DEF 14A | 2026-04-20 | 0001493152-26-018137 | Section “Director Compensation”. As printed: 33,500. Filing ↗machine: span 348262–348332 |
| 12 | Section 08, Thomas A. Page | DEF 14A | 2026-04-20 | 0001493152-26-018137 | Section “Director Compensation”. As printed: 30,000. Filing ↗machine: span 366470–366540 |
| 13 | Section 08, Michael E. Scheopner | DEF 14A | 2026-04-20 | 0001493152-26-018137 | Section “Director Compensation”. As printed: 15,500. Filing ↗machine: span 368757–368827 |
| 14 | Section 08, Ms. Wendel | DEF 14A | 2026-04-20 | 0001493152-26-018137 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 15 | Section 06, 2025 vote | Form 8-K | 2025-05-22 | 0001641172-25-012024 | Item 5.07 · say-on-pay result. As reported: 90.36% (votes for as printed: 2,607,709). Filing ↗ |
| 16 | Section 06, 2022 vote | Form 8-K | 2022-05-19 | 0001493152-22-014431 | Item 5.07 · say-on-pay result. As reported: 83.94% (votes for as printed: 2,415,949). Filing ↗ |
| 17 | Section 06, 2019 vote | Form 8-K | 2019-05-23 | 0001493152-19-008178 | Item 5.07 · say-on-pay result. As reported: 86.85% (votes for as printed: 2,170,517). Filing ↗ |
| 18 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 19 | Section 09b board cost (computed) | Computed | — | computed | Cash 395,450 + equity 0 + all other 0 = 395,450, summed across the director compensation table rows.machine: formula: Σ = 395,450 |
| 20 | Landmark Bancorp (subject), Section 10b CEO total | DEF 14A | 2026-04-20 | 0001493152-26-018137 | CEO total compensation as printed in Landmark Bancorp's own proxy. As printed: 767,476. Filing ↗machine: r2 · c29 · span 431054–431061 |