Marathon Bancorp director receives stock, option grants
Marathon Bancorp director Timothy R. Wimmer reported new equity awards in common stock and stock options.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Marathon Bancorp director Timothy R. Wimmer reported new equity awards in common stock and stock options. He received 3,386 shares of common stock as a grant at no cash cost, bringing his directly held common stock to 6,384 shares, separate from 13,862 shares held indirectly by a trust.
Wimmer was also granted 8,467 stock options on common stock with a $14.55 exercise price, all held directly. The restricted stock and these new options vest 20% per year starting on June 15, 2027, while earlier restricted stock and option awards continue vesting annually from June 28, 2023 and May 16, 2024.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 8,467 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 3,386 | $0.00 | $0.00 |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Shares of restricted stock vest at a rate of 20% per year commencing on June 15, 2027.
- F2. Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 28, 2023.
- F3. Stock options vest at a rate of 20% per year commencing on June 15, 2027.
- F4. Stock options vest at a rate of 20% per year commencing on June 28, 2023.
- F5. Stock options vest at a rate of 20% per year commencing on May 16, 2024.
Key Figures
Key Terms
restricted stock financial
Stock options financial
vest at a rate of 20% per year financial
By Trust financial
FAQ
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What insider activity did Timothy R. Wimmer report at Marathon Bancorp (MBBC)?
What new stock and option grants did Timothy R. Wimmer receive from Marathon Bancorp (MBBC)?
What stock option positions does Timothy R. Wimmer hold in Marathon Bancorp (MBBC)?
AI-generated analysis. How Rhea-AI works. Not financial advice.