Marathon Bancorp, Inc. (MBBC) director exercises 4,498 options into trust holdings
Rhea-AI Filing Summary
Marathon Bancorp, Inc. director Timothy R. Wimmer exercised stock options for 4,498 shares of common stock on June 3, 2026, at exercise prices of $8.13 and $6.48 per share, with shares held indirectly by a trust. After these transactions, he holds 3,000 stock options directly, 13,862 common shares indirectly by trust, and 2,998 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 3,599 | $0.00 | $0.00 |
| Exercise | Stock Options | 899 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,599 | $8.13 | $29K |
| Exercise | Common Stock | 899 | $6.48 | $6K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 28, 2023.
- F2. Stock options 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 May 16, 2024.
Key Figures
Key Terms
Stock Options financial
derivative security financial
restricted stock financial
By Trust financial
Rule 10b5-1 regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transactions did MBBC director Timothy R. Wimmer report in this Form 4?
Timothy R. Wimmer reported exercising stock options into 4,498 shares of Marathon Bancorp common stock on June 3, 2026, at exercise prices of $8.13 and $6.48. The resulting shares are held indirectly through a trust.
What was the total number of MBBC stock options exercised in this Form 4?
Wimmer exercised a total of 4,498 stock options, converting them into the same number of Marathon Bancorp common shares. The options had exercise prices of $8.13 and $6.48 per share.
Were Timothy R. Wimmer’s MBBC transactions made under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, meaning these transactions were not reported as being executed under a Rule 10b5-1 trading plan.
How do the MBBC stock options reported by Timothy R. Wimmer vest over time?
Footnotes state that certain MBBC stock options vest at a rate of 20% per year, commencing on June 28, 2023 and May 16, 2024, respectively, providing a gradual vesting schedule.