Director Werth exercises 1,498 options in Marathon Bancorp (MBBC)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marathon Bancorp, Inc. director Ann M. Werth exercised employee stock options to acquire additional common shares. On May 5, 2026, she exercised options into 599 shares at $6.48 and 899 shares at $8.13, for a total of 1,498 common shares.
Following these exercises, Werth directly holds 5,115 shares of common stock. Footnotes indicate related restricted stock and option grants vest at a rate of 20% per year starting on specified prior dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,498 shares exercised/converted
Mixed
4 txns
Insider
Werth Ann M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 899 | $0.00 | -- |
| Exercise | Stock Options | 599 | $0.00 | -- |
| Exercise | Common Stock | 899 | $8.13 | $7K |
| Exercise | Common Stock | 599 | $6.48 | $4K |
Holdings After Transaction:
Stock Options — 600 shares (Direct, null);
Common Stock — 4,516 shares (Direct, null)
Footnotes (1)
- Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 28, 2023. Includes shares of restricted stock which vest at a rate of 20% per year commencing on May 16, 2024. Stock options vest at a rate of 20% per year commencing on June 28, 2023. Stock options vest at a rate of 20% per year commencing on May 16, 2024.
Key Figures
Options exercised into shares: 1,498 shares
Exercise price tranche 1: $6.48 per share
Exercise price tranche 2: $8.13 per share
+4 more
7 metrics
Options exercised into shares
1,498 shares
Total common stock acquired via option exercises on May 5, 2026
Exercise price tranche 1
$6.48 per share
599 common shares acquired through option exercise
Exercise price tranche 2
$8.13 per share
899 common shares acquired through option exercise
Shares held after transaction
5,115 shares
Director Ann M. Werth’s direct common stock holdings after exercises
Option expiration date (grant 1)
May 16, 2033
Expiration date of stock options with $6.48 exercise price
Option expiration date (grant 2)
June 28, 2032
Expiration date of stock options with $8.13 exercise price
Annual vesting rate
20% per year
Vesting rate for restricted stock and stock options in footnotes
Key Terms
Stock options, restricted stock, vest at a rate of 20% per year, Exercise or conversion of derivative security, +1 more
5 terms
Stock options financial
"The filing lists “Stock Options” as a derivative security exercised into common stock."
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
"Footnotes state, “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.
vest at a rate of 20% per year financial
"Footnotes describe restricted stock and options that “vest at a rate of 20% per year” from specific dates."
Exercise or conversion of derivative security financial
"Transaction code M is described as “Exercise or conversion of derivative security.”"
expiration date financial
"Derivative entries include an “expiration date” for each stock option grant."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
