Nicholas W. Zillges - 21 Apr 2025 Form 4 Insider Report for Marathon Bancorp, Inc. /MD/ (MBBC)

Role
President and CEO, Director
Signature
/s/ Benjamin Azoff, pursuant to power of attorney
Issuer symbol
MBBC
Transactions as of
21 Apr 2025
Net transactions value
+$100,000
Form type
4
Filing time
22 Apr 2025, 15:41:44 UTC
Previous filing
02 Jul 2024
Next filing
20 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBBC Common Stock Award $65,000 +6,500 +25% $10.00 32,572 21 Apr 2025 Direct F1, F2
transaction MBBC Common Stock Award $35,000 +3,500 +8% $10.00 47,085 21 Apr 2025 By 401(k) F1
holding MBBC Common Stock 604 21 Apr 2025 By IRA F1
holding MBBC Common Stock 2,723 21 Apr 2025 By ESOP F1, F3

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 29,994 21 Apr 2025 Common Stock 29,994 $8.13 Direct F1, F4, F5
holding MBBC Stock Options 7,498 21 Apr 2025 Common Stock 7,498 $6.48 Direct F1, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a 1.3728 stock exchange in connection with the Company's mutual to stock conversion.
F2 Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 28, 2023.
F3 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F4 Exercise price has been adjusted for the 1.3728 to 1.00 exchange in connection with the Company's mutual to stock conversion.
F5 Stock options vest at a rate of 20% per year commencing on June 28, 2023.
F6 Stock options vest at a rate of 20% per year commencing on May 16, 2024.