Business Context and Reporting Period
This Form 8-K filing by Landmark Bancorp, Inc. reports on the results of the Annual Meeting of Stockholders held on May 17, 2017, in Manhattan, Kansas. The filing details the voting outcomes for director elections and the ratification of the independent auditor.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Shareholder Participation: Of 3,869,922 shares eligible to vote, 3,444,095 shares were represented (approximately 89.0% of outstanding shares).
Proposal 1: Election of Class I Directors
Three directors were elected to serve three-year terms expiring in 2020. All candidates received majority support.
| Director Name | Votes For | Votes Against | Abstentions | Broker Non-Votes |
|---|---|---|---|---|
| Brent A. Bowman | 2,033,088 | 218,365 | 39,539 | 1,153,103 |
| Sarah Hill-Nelson | 2,058,588 | 195,102 | 37,302 | 1,153,103 |
| David H. Snapp | 2,180,704 | 73,226 | 37,062 | 1,153,103 |
Proposal 2: Ratification of Independent Auditor
Stockholders ratified the appointment of Crowe Chizek LLP as the independent registered public accounting firm for the year ending December 31, 2017.
| Category | Count |
|---|---|
| Votes For | 3,362,506 |
| Votes Against | 44,881 |
| Abstentions | 36,708 |
| Broker Non-Votes | 0 |
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Important Facts for Investors to Verify
- Confirmation that the three Class I directors (Bowman, Hill-Nelson, Snapp) have officially assumed their roles for the 2020 term.
- Verification of the engagement letter and scope of work with Crowe Chizek LLP for the 2017 audit.
- Review of the full proxy statement for details on the 1,153,103 broker non-votes regarding the director elections.