Marathon Bancorp EVP has shares withheld for taxes
Marathon Bancorp, Inc. EVP and CAO Nora Spatz reported a routine tax-related share disposition.
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Form Type
4
Rhea-AI Filing Summary
Marathon Bancorp, Inc. EVP and CAO Nora Spatz reported a routine tax-related share disposition. On June 28, 2026, 503 shares of common stock were withheld at $15.49 per share to cover tax obligations, leaving 27,096 directly held shares.
Spatz also reports several indirect common stock holdings through a spouse, ESOP, custodial account, trust and 401(k), plus outstanding stock options over 11,000, 2,883 and 2,400 shares at exercise prices of $14.55, $6.48 and $8.13, vesting 20% per year.
Insider Trade Summary
Exercise Price or Tax Liability: 503 shares
Exercise Price or Tax Liability
9 txns
Insider
Spatz Nora
Role
EVP and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 503 | $15.49 | $8K |
| holding | Stock Options | -- | -- | -- |
| 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 — 27,096 shares (Direct);
Stock Options — 16,283 contracts (Direct);
Common Stock — 39,520 shares (Indirect, By 401(k));
Common Stock — 1,598 shares (Indirect, By Trust);
Common Stock — 1,149 shares (Indirect, As custodian);
Common Stock — 2,109 shares (Indirect, By ESOP);
Common Stock — 1,372 shares (Indirect, By Spouse)
Footnotes (6)
- 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. Includes shares of restricted stock which 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.
- F6. Stock options vest at a rate of 20% per year commencing on June 15, 2027.
Key Figures
Tax-withheld shares: 503 shares
Withholding price: $15.49/share
Direct holdings after transaction: 27,096 shares
+4 more
7 metrics
Tax-withheld shares
503 shares
Common stock withheld at $15.49 per share for taxes
Withholding price
$15.49/share
Price used for 503-share tax-withholding disposition
Direct holdings after transaction
27,096 shares
Common stock directly held by Nora Spatz following tax withholding
Stock options block 1
11,000 shares at $14.55
Options on common stock expiring June 15, 2036, vesting 20% per year
Stock options block 2
2,883 shares at $6.48
Options on common stock expiring May 16, 2033, vesting 20% per year
Stock options block 3
2,400 shares at $8.13
Options on common stock expiring June 28, 2032, vesting 20% per year
Tax-withholding count
1 transaction
Tax-withholding disposition events in transaction summary
Key Terms
restricted stock, stock options, ESOP, tax-withholding disposition, +1 more
5 terms
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
"Common Stock ... 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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
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.
exercise price financial
"conversion_or_exercise_price: 14.5500"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Marathon Bancorp (MBBC) EVP Nora Spatz report in this Form 4?
EVP and CAO Nora Spatz reported a tax-withholding disposition of 503 Marathon Bancorp common shares at $15.49 each. After this routine withholding, she directly holds 27,096 common shares, along with various indirect holdings and outstanding stock options.
What are Nora Spatz’s direct Marathon Bancorp common stock holdings after the transaction?
Following the tax-withholding disposition, Nora Spatz directly holds 27,096 Marathon Bancorp common shares. This direct position is separate from her indirect holdings through a spouse, ESOP, custodial accounts, a trust and a 401(k) plan reported in the same Form 4.
What stock option positions does Nora Spatz hold in Marathon Bancorp?
Spatz holds stock options over 11,000, 2,883 and 2,400 Marathon Bancorp common shares at exercise prices of $14.55, $6.48 and $8.13. These options vest at 20% per year and expire between 2032 and 2036, according to the filing disclosures.
Are Nora Spatz’s Form 4 transactions open-market buys or sells of MBBC stock?
The only transaction shown is a tax-withholding disposition of 503 shares, not an open-market sale. Other entries are holdings or option positions, so this Form 4 does not report open-market purchases or sales of Marathon Bancorp shares by Spatz.
What indirect Marathon Bancorp holdings are reported for Nora Spatz?
The Form 4 lists indirect Marathon Bancorp common stock holdings by spouse, by ESOP, as custodian, by trust and by 401(k). Each category shows separate share totals, indicating multiple channels through which Spatz has indirect exposure to the company’s stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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