Marathon Bancorp (MBBC) chair exercises stock options for shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marathon Bancorp director Amy Zientara exercised stock options to acquire additional common shares. On June 3, 2026 she exercised options for 899 shares at $6.48 per share and 3,599 shares at $8.13 per share, totaling 4,498 newly acquired shares.
The related derivative entries show these transactions were option exercises, not open-market purchases or sales. Footnotes indicate both her restricted stock and stock options vest at a rate of 20% per year starting in 2023 and 2024, highlighting that these awards are part of ongoing equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,498 shares exercised/converted
Mixed
4 txns
Insider
Zientara Amy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 3,599 | $0.00 | -- |
| Exercise | Stock Options | 899 | $0.00 | -- |
| Exercise | Common Stock | 3,599 | $8.13 | $29K |
| Exercise | Common Stock | 899 | $6.48 | $6K |
Holdings After Transaction:
Stock Options — 2,400 shares (Direct, null);
Common Stock — 22,825 shares (Direct, null)
Footnotes (1)
- Includes shares of restricted stock which 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 June 28, 2023. Stock options vest at a rate of 20% per year commencing on May 16, 2024.
Key Figures
Options exercised at $6.48: 899 shares at $6.48
Options exercised at $8.13: 3,599 shares at $8.13
Total shares from exercises: 4,498 shares
+2 more
5 metrics
Options exercised at $6.48
899 shares at $6.48
Common stock acquired via option exercise on June 3, 2026
Options exercised at $8.13
3,599 shares at $8.13
Common stock acquired via option exercise on June 3, 2026
Total shares from exercises
4,498 shares
Aggregate common shares from option exercises (exerciseShares)
Remaining options series 2033
600 options
Stock options expiring May 16, 2033 after 899 exercised
Remaining options series 2032
2,400 options
Stock options expiring June 28, 2032 after 3,599 exercised
Key Terms
stock options, restricted stock, Exercise or conversion of derivative security, derivative security
4 terms
stock options financial
"Stock options vest at a rate of 20% per year commencing on June 28, 2023."
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.
restricted stock financial
"Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 28, 2023."
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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
derivative security financial
"transaction_type: derivative; transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What did Marathon Bancorp (MBBC) director Amy Zientara report in this Form 4?
Amy Zientara reported exercising stock options to acquire common shares of Marathon Bancorp. She exercised options covering 4,498 shares on June 3, 2026, converting previously granted options into directly held common stock as part of her equity compensation.
What do the vesting footnotes in Amy Zientara’s Marathon Bancorp (MBBC) Form 4 mean?
The footnotes explain that her restricted stock and stock options vest 20% per year starting June 28, 2023 and May 16, 2024. This means her equity awards become exercisable or unrestricted gradually over several years, reflecting a long-term compensation structure.
Are Amy Zientara’s option exercises at Marathon Bancorp (MBBC) part of a compensation plan?
Yes, the transactions reflect equity compensation. The Form 4 shows stock options being exercised, and footnotes describe multi-year vesting schedules. This pattern is typical of director or executive compensation programs that grant options and restricted stock vesting over time.