Marathon Bancorp CEO buys 1,076 shares in 401(k)
Marathon Bancorp President and CEO Nicholas W. Zillges reported a series of open-market purchases of common stock through his 401(k) account.
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Form Type
4
Rhea-AI Filing Summary
Marathon Bancorp President and CEO Nicholas W. Zillges reported a series of open-market purchases of common stock through his 401(k) account. Between early and mid-June 2026, he bought a total of 1,076 shares at weighted-average prices ranging from about $13.66 to $14.75 per share, bringing his 401(k) holdings to 51,160 shares.
He also reports indirect holdings of 4,429 shares through an ESOP and 604 shares through an IRA, plus 39,301 shares held directly. In addition, he holds stock options on 29,994 shares at an exercise price of $8.13 expiring in 2032 and options on 3,000 shares at $6.48 expiring in 2033, both vesting 20% per year from their respective commencement dates.
Insider Trade Summary
Net Buyer: 1,076 shares
Net Buy
11 txns
Insider
Zillges Nicholas W
Role
President and CEO
Bought
1,076 shs ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 170 | $14.75 | $3K |
| Purchase | Common Stock | 537 | $14.50 | $8K |
| Purchase | Common Stock | 55 | $14.241 | $783.26 |
| Purchase | Common Stock | 90 | $14.2481 | $1K |
| Purchase | Common Stock | 21 | $13.7678 | $289.12 |
| Purchase | Common Stock | 203 | $13.748 | $3K |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 51,160 shares (Indirect, By 401(k));
Stock Options — 32,994 contracts (Direct);
Common Stock — 39,301 shares (Direct);
Common Stock — 604 shares (Indirect, By IRA);
Common Stock — 4,429 shares (Indirect, By ESOP)
Footnotes (7)
- 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. Stock options vest at a rate of 20% per year commencing on June 28, 2023.
- F7. Stock options vest at a rate of 20% per year commencing on May 16, 2024.
Key Figures
Total shares purchased: 1,076 shares
Highest reported purchase price: $14.75 per share
401(k) holdings after purchases: 51,160 shares
+5 more
8 metrics
Total shares purchased
1,076 shares
Net open-market buys in June 2026
Highest reported purchase price
$14.75 per share
Common stock purchase on June 10, 2026
401(k) holdings after purchases
51,160 shares
Common stock held indirectly by 401(k) after June 10, 2026
Direct common stock holdings
39,301 shares
Direct ownership as of June 3, 2026
ESOP holdings
4,429 shares
Common stock held indirectly by ESOP as of June 3, 2026
IRA holdings
604 shares
Common stock held indirectly by IRA as of June 3, 2026
Options at $8.13
29,994 underlying shares
Stock options, exercise price $8.13, expiring June 28, 2032
Options at $6.48
3,000 underlying shares
Stock options, exercise price $6.48, expiring May 16, 2033
Key Terms
401(k), ESOP, IRA, Stock Options, +2 more
6 terms
401(k) financial
"indirect ownership noted as "By 401(k)" for multiple purchases"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
ESOP financial
"indirect ownership entry described as "By ESOP" holding common stock"
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.
IRA financial
"indirect ownership entry described as "By IRA" holding common stock"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
Stock Options financial
"security title listed as "Stock Options" with exercise prices and expirations"
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
"footnote states "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.
weighted average price financial
"footnotes explain "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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Marathon Bancorp (MBBC) CEO Nicholas Zillges report in this Form 4?
Nicholas W. Zillges reported multiple open-market purchases of Marathon Bancorp common stock through his 401(k). Over several days in June 2026, he accumulated 1,076 additional shares, increasing his indirect retirement-plan ownership while making no reported sales in this filing.
What stock options in Marathon Bancorp (MBBC) does the CEO report holding?
The CEO reports stock options on 29,994 Marathon Bancorp shares at an $8.13 exercise price expiring in 2032 and options on 3,000 shares at $6.48 expiring in 2033. Both option grants vest at 20% per year starting from their respective commencement dates.
How are the CEO’s Marathon Bancorp (MBBC) purchases structured across his accounts?
The new purchases were made through his 401(k) account, raising those holdings to 51,160 shares. Separate holding entries show additional indirect ownership via an ESOP and an IRA, along with directly owned common shares and unexercised stock options reported in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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