Marathon Bancorp EVP reports tax share withholding
Marathon Bancorp, Inc. EVP and CAO Nora Spatz reported updated holdings of the company’s common stock.
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Form Type
4
Rhea-AI Filing Summary
Marathon Bancorp, Inc. EVP and CAO Nora Spatz reported updated holdings of the company’s common stock. A Form 4 entry shows an F-code tax-withholding disposition of 30 shares at $14.50 per share, leaving 19,949 directly held common shares.
She also reports several indirect holdings, including shares held by a spouse, ESOP, as custodian, a trust, and a 401(k) plan, plus stock options on 2,883 shares at $6.48 expiring in 2033 and 3,600 shares at $8.13 expiring in 2032, which vest 20% per year.
Insider Trade Summary
Exercise Price or Tax Liability: 30 shares
Exercise Price or Tax Liability
1 txn
Insider
Spatz Nora
Role
EVP and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 30 | $14.50 | $435.00 |
| Holding | Stock Options | -- | -- | -- |
| Holding | Stock Options | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 19,949 shares (Direct);
Stock Options — 6,483 contracts (Direct);
Common Stock — 35,701 shares (Indirect, By 401(k));
Common Stock — 1,598 shares (Indirect, By Trust);
Common Stock — 1,149 shares (Indirect, As custodian);
Common Stock — 1,209 shares (Indirect, By ESOP);
Common Stock — 1,372 shares (Indirect, By Spouse)
Footnotes (4)
- F1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 28, 2023.
- F2. Includes shares of restricted stock which vest at a rate of 20% per year commencing on May 16, 2024.
- F3. Stock options vest at a rate of 20% per year commencing on June 28, 2023.
- F4. Stock options vest at a rate of 20% per year commencing on May 16, 2024.
Key Figures
Tax-withholding shares: 30 shares
Tax-withholding price: $14.50/share
Direct common shares after transaction: 19,949 shares
+5 more
8 metrics
Tax-withholding shares
30 shares
Common stock delivered for tax liability at $14.50 per share
Tax-withholding price
$14.50/share
Price used for 30-share F-code disposition
Direct common shares after transaction
19,949 shares
Direct ownership of Marathon Bancorp common stock post-disposition
Stock options at $6.48
2,883 underlying shares
Options on common stock, exercise price $6.48, expire 2033
Stock options at $8.13
3,600 underlying shares
Options on common stock, exercise price $8.13, expire 2032
Tax-withholding count
1 transaction
F-code disposition in transaction summary
Holding entries
7 entries
Reported holdings across indirect and derivative positions
Tax-withholding shares total
30 shares
TaxWithholdingShares in transaction summary
Key Terms
tax-withholding disposition, restricted stock, stock options, ESOP, +1 more
5 terms
tax-withholding disposition financial
"A Form 4 entry shows an F-code tax-withholding disposition of 30 shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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.
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.
ESOP financial
"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.
401(k) financial
"nature_of_ownership: By 401(k)"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Nora Spatz report at Marathon Bancorp (MBBC)?
Nora Spatz reported a tax-withholding disposition of 30 shares of Marathon Bancorp common stock at $14.50 per share. This F-code transaction reflects shares withheld to cover tax obligations, rather than an open-market sale, and is part of routine equity compensation administration.
What indirect Marathon Bancorp (MBBC) holdings are reported for Nora Spatz?
The filing shows indirect holdings of Marathon Bancorp common stock by her spouse, an ESOP, as custodian, a trust, and a 401(k) plan, with separate post-transaction totals. These indirect positions complement her direct holdings and reflect ownership through various benefit and estate-planning vehicles.
What stock options for Marathon Bancorp does Nora Spatz hold?
Nora Spatz holds stock options on 2,883 Marathon Bancorp shares at an exercise price of $6.48 expiring in 2033, and options on 3,600 shares at $8.13 expiring in 2032. These options provide potential future share acquisition if exercised before expiration.
How do Nora Spatz’s Marathon Bancorp stock options vest?
Footnotes state that certain restricted stock and stock options vest at a rate of 20% per year, commencing on June 28, 2023 and May 16, 2024, respectively. This time-based vesting schedule gradually delivers full ownership and exercisability over multiple years.
AI-generated analysis. How Rhea-AI works. Not financial advice.
