Sandra Moll
About Sandra J. Moll
Sandra J. Moll, age 61, has served as an independent director of Landmark Bancorp, Inc. (“LARK”) since 2018 and is a member of the Audit Committee; she also sits on the board of Landmark National Bank . Moll is the owner of Advanced Business Solutions, LLC, advising financial institutions and SMBs, and is considered qualified for Audit service based on financial skills and extensive industry expertise . The Board has affirmatively determined that all current directors other than the CEO (Abigail Wendel) are independent under Nasdaq rules, which includes Moll .
Past Roles
| Organization | Role | Tenure | Committees / Impact |
|---|---|---|---|
| Advanced Business Solutions, LLC | Owner | Not disclosed | Advises executives in strategic planning and executive management |
| KC One Heart | Director (prior) | Not disclosed | Board service (nonprofit) |
External Roles
| Organization | Type | Role | Tenure |
|---|---|---|---|
| Landmark National Bank | Bank subsidiary | Director | Not disclosed |
| UX Unlimited | Technology company serving financial services | Director | Current |
| PATH (nonprofit) | Nonprofit | Co-founder | Current |
| KC One Heart | Nonprofit | Director (prior) | Prior service |
| Other public company boards (last 5 years) | — | None disclosed | None |
Board Governance
- Committees: Moll serves on LARK’s Audit Committee alongside Patrick L. Alexander, Mark J. Kohlrus (Chair), and Jim W. Lewis; each Audit member is Nasdaq/Rule 10A-3 independent .
- Chair roles: Moll is not a committee chair; Audit is chaired by Mark J. Kohlrus .
- Independence: The Board determined all current directors except the CEO are independent; Moll is independent .
- Attendance: The Board held 7 meetings in 2024; directors attended at least 75% of the aggregate of Board and committee meetings, and all directors attended last year’s annual meeting .
- Independent sessions: Independent directors held one executive session in 2024; Wayne R. Sloan is the lead independent director .
Fixed Compensation
| Component (2024) | Amount / Terms |
|---|---|
| Quarterly cash retainer (non-Chair directors) | $5,000 per quarter |
| Meeting fees | $2,000 per non-telephonic Board meeting; $1,000 for May and December meetings |
| Cash received by Moll | $34,000 |
| Other cash/fees | None disclosed for Moll |
Performance Compensation
| Equity Award (2024) | Grant Detail | Units | Grant-Date Fair Value | Vesting |
|---|---|---|---|---|
| Restricted stock | Annual director grant | 523 shares | $10,005 | 100% on May 21, 2025 |
| Options | None disclosed for directors | — | — | — |
| Performance Metrics Tied to Director Compensation | Disclosure |
|---|---|
| Metrics (e.g., EPS/TSR/ROA for director awards) | None disclosed; director equity grants are time-based restricted stock |
Other Directorships & Interlocks
| Category | Disclosure |
|---|---|
| Current public company boards | None disclosed for Moll |
| Private/Nonprofit boards | UX Unlimited (private tech), PATH co-founder, KC One Heart (prior) |
| Potential interlocks with LARK stakeholders | Not disclosed; no related-party transactions involving Moll reported |
Expertise & Qualifications
- Financial and governance expertise from leadership roles in financial services and operating a service firm; Board cites Moll’s financial skills and extensive expertise as qualification for Audit service .
- Advisory experience with executives nationwide in strategic planning and executive management .
- Community leadership via nonprofit involvement and regional market engagement .
Equity Ownership
| Holder | Shares Beneficially Owned | % of Outstanding | Notes |
|---|---|---|---|
| Sandra J. Moll | 5,251 | Less than 1% | Includes 1,213 shares in an IRA |
| Shares pledged as collateral | None disclosed for Moll | — | No pledge reported for Moll; one pledge is disclosed for another executive (Herpich), not Moll |
Insider Trades / Section 16 Compliance
| Item | Disclosure |
|---|---|
| Late Section 16 filings (FY2024) | None flagged for Moll; late filings noted for other directors (Hurt, Stanland; Kohlrus via Form 5), not Moll |
Governance Assessment
- Strengths: Independent director; Audit Committee member with independent audit oversight; Audit met 8 times in 2024; Board/committee attendance met 75% threshold; all directors attended the annual meeting; anti-hedging policy prohibits hedging by directors and employees .
- Alignment: Director compensation mix balances cash ($34,000) and time-based equity ($10,005; 523 RS); ownership of 5,251 shares indicates some skin-in-the-game (albeit <1%) .
- Conflicts: No related-party transactions involving Moll over $120,000; Audit Committee pre-approves related party transactions and monitors independence; ordinary banking relationships are on market terms .
- Red flags: None evident for Moll—no pledging, no late Section 16 filings, no disclosed related-party transactions; company-wide anti-hedging policy in place .
- Compensation oversight context: Compensation Committee used an independent consultant (Blanchard), with no known conflicts, to review executive and Board programs; say-on-pay passed with ~84% approval in 2022, with triennial frequency recommended .
Overall, Moll’s independence, Audit Committee membership, and absence of disclosed conflicts support board effectiveness and investor confidence; the primarily time-based equity awards and modest cash fees suggest standard small-cap bank director compensation without performance-linked director metrics .