Nora Spatz - Apr 21, 2025 Form 4 Insider Report for Marathon Bancorp, Inc. /MD/ (MBBC)

Role
EVP and CAO
Signature
/s/ Benjamin Azoff, pursuant to power of attorney
Stock symbol
MBBC
Transactions as of
Apr 21, 2025
Transactions value $
$61,000
Form type
4
Date filed
4/22/2025, 03:42 PM
Previous filing
Jul 2, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBBC Common Stock Award $50K +5K +19.78% $10.00 30.3K Apr 21, 2025 By 401(k) F1
transaction MBBC Common Stock Award $5K +500 +45.54% $10.00 1.6K Apr 21, 2025 By Trust F1
transaction MBBC Common Stock Award $6K +600 +109.29% $10.00 1.15K Apr 21, 2025 As custodian F1
holding MBBC Common Stock 16.1K Apr 21, 2025 Direct F1, F2, F3
holding MBBC Common Stock 1.21K Apr 21, 2025 By ESOP F1, F4
holding MBBC Common Stock 1.37K Apr 21, 2025 By Spouse F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MBBC Stock Options 6K Apr 21, 2025 Common Stock 6K $8.13 Direct F1, F5, F6
holding MBBC Stock Options 4.8K Apr 21, 2025 Common Stock 4.8K $6.48 Direct F1, F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a 1.3728 stock exchange in connection with the Company's mutual to stock conversion.
F2 Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 28, 2023.
F3 Includes shares of restricted stock which vest at a rate of 20% per year commencing on May 16, 2024.
F4 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F5 Exercise price has been adjusted for the 1.3728 to 1.00 exchange in connection with the Company's mutual to stock conversion.
F6 Stock options vest at a rate of 20% per year commencing on June 28, 2023.
F7 Stock options vest at a rate of 20% per year commencing on May 16, 2024.