Kenneth J. Stephon - 17 May 2023 Form 4 Insider Report for William Penn Bancorporation (WMPN)

Role: President and CEO, Director
Signature: /s/Jonathan T. Logan, Power of Attorney
Issuer symbol: WMPN
Transactions as of: 17 May 2023
Net transactions value: $0
Form type: 4
Filing time: 18 May 2023, 10:59:06 UTC
Previous filing: 13 Mar 2023
Next filing: 05 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WMPN	Common Stock	Other	$0	+25,280	+75%	$0.000000	59,155	17 May 2023	Direct	F1
transaction	WMPN	Common Stock	Other	$0	-25,280	-20%	$0.000000	101,120	17 May 2023	By Stock Award	F1, F2
holding	WMPN	Common Stock						28,749	17 May 2023	By 401(k)	F3
holding	WMPN	Common Stock						38,584	17 May 2023	By IRA
holding	WMPN	Common Stock						7,491	17 May 2023	By ESOP	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	WMPN	Stock Option (right to buy)						316,000	17 May 2023	Common Stock	316,000	$11.61	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Since the reporting person's last report, 25,280 shares of restricted stock have vested and are now held directly.
F2	Stock Awards granted pursuant to the William Penn Bancorporation 2022 Equity Incentive Plan, vest in five equal annual installments commencing on May 17, 2023.
F3	This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
F4	Stock Options granted pursuant to the William Penn Bancorporation 2022 Equity Incentive Plan, vest in five equal annual installments commencing on May 17, 2023.