Marathon Bancorp EVP buys 3,819 MBBC shares
Marathon Bancorp, Inc. EVP and CAO Nora Spatz reported a series of open-market purchases of Marathon Bancorp common stock through a 401(k) plan.
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Form Type
4
Rhea-AI Filing Summary
Marathon Bancorp, Inc. EVP and CAO Nora Spatz reported a series of open-market purchases of Marathon Bancorp common stock through a 401(k) plan. Between June 3 and June 10, she bought a total of 3,819 shares at prices ranging from about $13.75 to $14.75 per share, bringing her indirect 401(k) holdings to 39,520 shares of common stock. In addition to these 401(k) holdings, she also reports indirect holdings through a spouse, an ESOP, custodial accounts, and a trust, plus direct ownership of 21,149 shares. She further holds stock options covering 2,883 shares at an exercise price of $6.48 and 2,400 shares at $8.13, which vest over time and expire in 2033 and 2032, respectively.
Insider Trade Summary
Net Buyer: 3,819 shares
Net Buy
13 txns
Insider
Spatz Nora
Role
EVP and CAO
Bought
3,819 shs ($55K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 602 | $14.75 | $9K |
| Purchase | Common Stock | 1,904 | $14.50 | $28K |
| Purchase | Common Stock | 197 | $14.241 | $3K |
| Purchase | Common Stock | 320 | $14.2481 | $5K |
| Purchase | Common Stock | 74 | $13.7678 | $1K |
| Purchase | Common Stock | 722 | $13.748 | $10K |
| 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 — 39,520 shares (Indirect, By 401(k));
Stock Options — 5,283 contracts (Direct);
Common Stock — 21,149 shares (Direct);
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 (8)
- 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. Includes shares of restricted stock which vest at a rate of 20% per year commencing on May 16, 2024.
- F7. Stock options vest at a rate of 20% per year commencing on June 28, 2023.
- F8. Stock options vest at a rate of 20% per year commencing on May 16, 2024.
Key Figures
Total shares bought: 3,819 shares
Purchase price range: $13.655–$14.75 per share
401(k) holdings after trades: 39,520 shares
+3 more
6 metrics
Total shares bought
3,819 shares
Open-market 401(k) purchases June 3–10, 2026
Purchase price range
$13.655–$14.75 per share
Weighted-average ranges from Form 4 footnotes
401(k) holdings after trades
39,520 shares
Indirect ownership by 401(k) after June 10, 2026
Direct common stock holdings
21,149 shares
Direct ownership of Marathon Bancorp common stock
Stock options at $6.48
2,883 underlying shares
Exercise price $6.48, expiration in 2033
Stock options at $8.13
2,400 underlying shares
Exercise price $8.13, expiration in 2032
Key Terms
open-market purchase, weighted average price, restricted stock, ESOP, +1 more
5 terms
open-market purchase financial
"transaction_action: "open-market purchase" for common stock buys through 401(k)"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"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.
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.
ESOP financial
"transaction entry with 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.
Stock Options financial
"security_title: "Stock Options" with underlying common stock and exercise prices"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Nora Spatz report for Marathon Bancorp (MBBC)?
Nora Spatz reported multiple open-market purchases of Marathon Bancorp common stock through a 401(k) plan. Over June 3–10, she acquired 3,819 shares, adding to her indirect retirement holdings and increasing her overall exposure to the company’s stock alongside existing direct and indirect positions.
What are Nora Spatz’s Marathon Bancorp (MBBC) holdings after these purchases?
After the latest purchases, Nora Spatz’s 401(k) holds 39,520 Marathon Bancorp common shares. She also reports additional indirect holdings via spouse, ESOP, custodial accounts, and a trust, plus 21,149 directly held shares and vested and unvested stock options on several thousand additional common shares.
How are Nora Spatz’s Marathon Bancorp (MBBC) stock options structured?
Nora Spatz holds stock options linked to 2,883 Marathon Bancorp common shares at a $6.48 exercise price and 2,400 shares at $8.13. These options vest at 20% per year starting in 2023 and 2024 and expire in 2033 and 2032, respectively, if not exercised.
What do the weighted-average prices in Nora Spatz’s MBBC Form 4 mean?
The Form 4 reports weighted-average prices because each stated price reflects multiple trades within a specified range. For example, purchases were executed in bands like $13.655–$13.75 or $14.00–$14.25. Detailed per-trade pricing is available from the reporting person upon request, as disclosed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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