Landmark Bancorp adopts cash and equity incentive plan for executives
LARK•Landmark Bancorp approved a management incentive program combining annual cash incentives and long-term equity awards. For 2026, CEO Abigail M. Wendel’s target cash incentive is 35% of base salary and CFO Mark A. Herpich’s is 25%; their respective long-term equity opportunities are 25% and 20%.
1. Executive incentives
Landmark Bancorp approved the program on October 21, 2026. Annual cash payouts can range from zero below performance thresholds to 150% of target. Restricted stock awards generally vest in equal annual installments over three years, subject to continued service.
