Marathon Bancorp CEO granted stock and options
Marathon Bancorp, Inc. reported that President and CEO Nicholas W. Zillges received a grant of 16,934 shares of Common Stock and 42,335 stock options on June 15, 2026.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Marathon Bancorp, Inc. reported that President and CEO Nicholas W. Zillges received a grant of 16,934 shares of Common Stock and 42,335 stock options on June 15, 2026. The shares and options were awarded at no cash cost per share as compensation, not through open‑market buying.
The 16,934 restricted shares vest in 20% annual installments starting on June 15, 2027, aligning value over time. The 42,335 stock options have a $14.55 exercise price and also vest 20% per year from June 15, 2027, with an expiration on June 15, 2036. Following the grant, Zillges directly holds 56,235 common shares and maintains additional indirect holdings through plan accounts.
Insider Trade Summary
Grant/Award: 59,269 shares
Grant/Award
7 txns
Insider
Zillges Nicholas W
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 42,335 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 16,934 | $0.00 | $0.00 |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options — 75,329 contracts for 32,994 underlying shares (Direct);
Common Stock — 56,235 shares (Direct);
Common Stock — 51,160 shares (Indirect, By 401(k));
Common Stock — 604 shares (Indirect, By IRA);
Common Stock — 4,429 shares (Indirect, By ESOP)
Footnotes (5)
- F1. Shares of restricted stock vest at a rate of 20% per year commencing on June 15, 2027.
- F2. Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 28, 2023.
- F3. Stock options vest at a rate of 20% per year commencing on June 15, 2027.
- F4. Stock options vest at a rate of 20% per year commencing on June 28, 2023.
- F5. Stock options vest at a rate of 20% per year commencing on May 16, 2024.
Key Figures
Restricted shares granted: 16,934 shares
Options granted: 42,335 options
New option exercise price: $14.55/share
+3 more
6 metrics
Restricted shares granted
16,934 shares
Common Stock grant to CEO on June 15, 2026
Options granted
42,335 options
Stock options grant to CEO on June 15, 2026
New option exercise price
$14.55/share
Exercise price for 42,335 stock options
Common shares after grant
56,235 shares
Direct Marathon Bancorp holdings following award
Legacy options tranche 1
3,000 shares at $6.48
Stock options expiring May 16, 2033
Legacy options tranche 2
29,994 shares at $8.13
Stock options expiring June 28, 2032
Key Terms
restricted stock, Stock options, ESOP, IRA, +1 more
5 terms
restricted stock financial
"Shares of restricted stock 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"
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
"Common Stock held indirectly with nature of ownership described as 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.
IRA financial
"Common Stock held indirectly with nature of ownership described as By IRA"
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.
401(k) financial
"Common Stock held indirectly with nature of ownership described as 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 did Marathon Bancorp (MBBC) CEO Nicholas Zillges receive in this insider filing?
Nicholas W. Zillges received a grant of 16,934 Marathon Bancorp common shares and 42,335 stock options as compensation. These awards were not open‑market purchases but equity incentives that vest over several years, aligning his interests with long‑term company performance.
What are the terms of the new Marathon Bancorp (MBBC) stock options granted to the CEO?
The new stock options cover 42,335 Marathon Bancorp shares at a $14.55 exercise price. They vest in 20% annual installments starting on June 15, 2027 and expire on June 15, 2036, rewarding the CEO for sustained service and long‑term value creation.
Does this Marathon Bancorp (MBBC) Form 4 show any CEO stock purchases or sales?
The filing shows equity grants and holdings updates for Nicholas Zillges, with no reported open‑market purchases or sales. Transaction summaries list grant or award acquisitions and several holding entries, indicating compensation awards rather than discretionary trading activity in Marathon Bancorp shares.
What other Marathon Bancorp (MBBC) stock options does the CEO hold?
Nicholas Zillges also holds stock options covering 3,000 shares at $6.48 and 29,994 shares at $8.13. These options expire in 2033 and 2032 respectively and vest 20% per year from 2023 and 2024, adding to his long‑term incentive package.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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