Terry Cornish - 28 Jun 2023 Form 4 Insider Report for Marathon Bancorp, Inc. /MD/ (MBBC)

Signature
/s/ Benjamin Azoff, pursuant to power of attorney
Issuer symbol
MBBC
Transactions as of
28 Jun 2023
Net transactions value
-$1,343
Form type
4
Filing time
04 Oct 2023, 17:28:01 UTC
Previous filing
13 Jun 2023
Next filing
05 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBBC Common Stock Tax liability $1,343 -131 -4.9% $10.25 2,554 28 Jun 2023 Direct F1, F2
holding MBBC Common Stock 598 28 Jun 2023 By ESOP
holding MBBC Common Stock 16,432 28 Jun 2023 By 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MBBC Stock Options 3,500 28 Jun 2023 Common Stock 3,500 $8.90 Direct F4
holding MBBC Stock Options 3,277 28 Jun 2023 Common Stock 3,277 $11.16 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 28, 2023.
F2 Includes shares of restricted stock which vest at a rate of 20% per year commencing on May 16, 2024.
F3 Stock options vest at a rate of 20% per year commencing on June 28, 2023.
F4 Stock options vest at a rate of 20% per year commencing on May 16, 2024.