STOCK TITAN

Marathon Bancorp (MBBC) director receives new stock and option awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Marathon Bancorp, Inc. director Ann M. Werth reported equity compensation awards rather than market trades. She received a grant of 3,386 shares of common stock at no cost, bringing her directly held common stock to 8,501 shares. She was also granted 8,467 stock options with an exercise price of $14.55 per share, which begin vesting at a rate of 20% per year starting on June 15, 2027.

The filing also lists previously granted stock options covering 900 shares at an exercise price of $6.48 per share and 600 shares at $8.13 per share, expiring in 2033 and 2032, respectively. Footnotes explain that both restricted stock and options vest in 20%-per-year increments from their stated commencement dates, underscoring that these are structured, time-based compensation awards with no reported stock sales.

Positive

  • None.

Negative

  • None.
Insider Werth Ann M
Role null
Type Security Shares Price Value
Grant/Award Stock Options 8,467 $0.00 --
Grant/Award Common Stock 3,386 $0.00 --
holding Stock Options -- -- --
holding Stock Options -- -- --
Holdings After Transaction: Stock Options — 8,467 shares (Direct, null); Common Stock — 8,501 shares (Direct, null)
Footnotes (1)
  1. Shares of restricted stock vest at a rate of 20% per year commencing on June 15, 2027. Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 28, 2023. Includes shares of restricted stock which vest at a rate of 20% per year commencing on May 16, 2024. Stock options vest at a rate of 20% per year commencing on June 15, 2027. Stock options vest at a rate of 20% per year commencing on June 28, 2023. Stock options vest at a rate of 20% per year commencing on May 16, 2024.
Common stock grant 3,386 shares Awarded at $0.00 per share on June 15, 2026
Shares held after grant 8,501 shares Total directly held common stock after transactions
New stock options granted 8,467 options at $14.55 Exercise price per share; vesting starts June 15, 2027
Existing options tranche 1 900 options at $6.48 Expire in 2033; underlying common shares
Existing options tranche 2 600 options at $8.13 Expire in 2032; underlying common shares
restricted stock financial
"Shares of restricted stock vest at a rate of 20% per year commencing on June 15, 2027."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
stock options financial
"Stock options vest at a rate of 20% per year commencing on June 15, 2027."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"conversion_or_exercise_price: "14.5500""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"vest at a rate of 20% per year commencing on June 28, 2023."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiration_date: "2036-06-15T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Werth Ann M

(Last)(First)(Middle)
500 SCOTT STREET

(Street)
WAUSAU WISCONSIN 54403

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Marathon Bancorp, Inc. /MD/ [ MBBC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026A3,386(1)A$08,501(2)(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options$14.5506/15/2026A8,467(4)06/15/202706/15/2036Common Stock8,467(4)$08,467(4)D
Stock Options$8.1306/28/202306/28/2032Common Stock600(5)600(5)D
Stock Options$6.4805/16/202405/16/2033Common Stock900(6)900(6)D
Explanation of Responses:
1. Shares of restricted stock vest at a rate of 20% per year commencing on June 15, 2027.
2. Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 28, 2023.
3. Includes shares of restricted stock which vest at a rate of 20% per year commencing on May 16, 2024.
4. Stock options vest at a rate of 20% per year commencing on June 15, 2027.
5. Stock options vest at a rate of 20% per year commencing on June 28, 2023.
6. Stock options vest at a rate of 20% per year commencing on May 16, 2024.
/s/ Benjamin Azoff, pursuant to power of attorney06/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Marathon Bancorp (MBBC) director Ann M. Werth acquire in this Form 4?

Ann M. Werth received equity compensation, not market purchases. She was granted 3,386 shares of common stock at no cost and 8,467 stock options, all reported as awards rather than open-market transactions.

How many Marathon Bancorp (MBBC) shares does Ann M. Werth hold after these awards?

After the reported grant, Ann M. Werth directly holds 8,501 shares of Marathon Bancorp common stock. This figure includes previously granted restricted stock that vests over time, as noted in the filing’s footnotes.

What are the key terms of Ann M. Werth’s new stock options at Marathon Bancorp (MBBC)?

Werth was granted 8,467 stock options with a $14.55 exercise price per share, expiring in 2036. These options vest at a rate of 20% per year starting on June 15, 2027, reflecting long-term, time-based compensation.

Does this Marathon Bancorp (MBBC) Form 4 show any insider buying or selling on the market?

The Form 4 shows no open-market buying or selling. All reportable changes are grants of common stock and stock options as compensation, with zero purchase price and structured vesting schedules over multiple years.

What existing stock options does Ann M. Werth have at Marathon Bancorp (MBBC)?

Werth holds previously granted stock options covering 900 shares at an exercise price of $6.48 and 600 shares at $8.13. These options expire in 2033 and 2032 and vest 20% per year from their commencement dates.

How do the restricted stock awards for Ann M. Werth at Marathon Bancorp (MBBC) vest?

Footnotes explain that shares of restricted stock vest at 20% per year from specific start dates, including June 28, 2023, May 16, 2024, and June 15, 2027. This creates a staggered, time-based vesting profile.