Marathon Bancorp EVP buys 1,041 shares in 401(k)
Marathon Bancorp EVP and COO Michelle Knopf reported a series of open-market purchases of 1,041 shares of common stock for her 401(k) between June 3 and June 10, at prices around $13.65 to $14.75 per share.
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Form Type
4
Rhea-AI Filing Summary
Marathon Bancorp EVP and COO Michelle Knopf reported a series of open-market purchases of 1,041 shares of common stock for her 401(k) between June 3 and June 10, at prices around $13.65 to $14.75 per share. Following these buys, her 401(k) holds 19,339 indirect shares, alongside additional direct, ESOP, and stock option positions in Marathon Bancorp stock.
Insider Trade Summary
Net Buyer: 1,041 shares
Net Buy
10 txns
Insider
Knopf Michelle
Role
EVP and COO
Bought
1,041 shs ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 164 | $14.75 | $2K |
| Purchase | Common Stock | 519 | $14.50 | $8K |
| Purchase | Common Stock | 54 | $14.241 | $769.01 |
| Purchase | Common Stock | 87 | $14.2481 | $1K |
| Purchase | Common Stock | 20 | $13.7678 | $275.36 |
| Purchase | Common Stock | 197 | $13.748 | $3K |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 19,339 shares (Indirect, By 401(k));
Stock Options — 9,302 contracts (Direct);
Common Stock — 3,332 shares (Direct);
Common Stock — 2,235 shares (Indirect, By ESOP)
Footnotes (9)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.655 to $13.75, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.75 to $14.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (2) to this Form 4.
- F3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.00 to $14.25, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (3) to this Form 4.
- F4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.18 to $14.25, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (4) to this Form 4.
- F5. Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 28, 2023.
- F6. Includes shares of restricted stock which vest at a rate of 20% per year commencing on May 16, 2024.
- F7. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- F8. Stock options vest at a rate of 20% per year commencing on June 28, 2023.
- F9. Stock options vest at a rate of 20% per year commencing on May 16, 2024.
Key Figures
Total shares purchased: 1,041 shares
Purchase price range: $13.655–$14.75 per share
401(k) indirect holding: 19,339 shares
+4 more
7 metrics
Total shares purchased
1,041 shares
Net open-market buys for 401(k) between June 3–10, 2026
Purchase price range
$13.655–$14.75 per share
Multiple trades, weighted average prices disclosed in footnotes
401(k) indirect holding
19,339 shares
Common stock held indirectly by 401(k) after reported purchases
Direct common stock holding
3,332 shares
Common stock held directly as of June 3, 2026 entry
ESOP holding
2,235 shares
Common stock held indirectly by ESOP as of June 3, 2026
Stock options at $6.48
4,804 underlying shares at $6.48
Options expiring May 16, 2033; vesting 20% annually from June 28, 2023
Stock options at $8.13
4,498 underlying shares at $8.13
Options expiring June 28, 2032; vesting 20% annually from May 16, 2024
Key Terms
weighted average price, restricted stock, Section 16, ESOP, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock financial
"Includes shares of restricted stock which vest at a rate of 20% per year"
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.
Section 16 regulatory
"transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
ESOP financial
"total_shares_following_transaction": "2235.0000", "nature_of_ownership": "By ESOP""
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Marathon Bancorp (MBBC) report for Michelle Knopf?
Marathon Bancorp reported that EVP and COO Michelle Knopf bought 1,041 shares of common stock in open-market transactions for her 401(k). These purchases occurred over several days in early June at prices in the mid-$13 to mid-$14 range.
At what prices did Michelle Knopf buy Marathon Bancorp (MBBC) stock?
Her reported purchase prices range from about $13.655 to $14.75 per share. Several trades used a weighted average price, with footnotes explaining that actual executions occurred across multiple prices within narrow ranges around those averages.
What other Marathon Bancorp (MBBC) equity holdings does Michelle Knopf report?
Beyond her 401(k), Knopf reports 3,332 direct common shares, 2,235 ESOP shares, and stock options over 4,804 and 4,498 underlying shares. These options carry exercise prices of $6.48 and $8.13 with expirations in 2033 and 2032, respectively.
How does the Form 4 describe the nature of Michelle Knopf’s MBBC purchases?
Each reported trade is coded “P” as an open-market purchase of common stock. The filing notes that prices shown are weighted average prices for multiple executions, and it offers to provide full trade-level detail to interested parties upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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