Form 4: Marathon Bancorp CEO Nicholas Zillges Reports Stock Purchase and Option Holdings

Nicholas Zillges, President and CEO of Marathon Bancorp, reports the purchase of 500 shares of common stock at $10.0684 per share and updates on stock option holdings.

Summary

• Nicholas Zillges, the President and CEO of Marathon Bancorp, filed a Form 4 detailing changes in beneficial ownership.
• On May 16, 2025, Zillges purchased 500 shares of Marathon Bancorp common stock at a price of $10.0684 per share.
• Following the transaction, Zillges directly owns 33,072 shares of common stock.
• Zillges also indirectly owns 47,085 shares through a 401(k), 604 shares through an IRA, and 2,723 shares through an ESOP.
• Zillges holds options for 29,994 shares exercisable at $8.1294, vesting at 20% per year starting June 28, 2023, and expiring on June 28, 2032.
• Additionally, Zillges holds options for 7,498 shares exercisable at $6.4831, vesting at 20% per year starting May 16, 2024, and expiring on May 16, 2033.
• The filing was signed on May 20, 2025, by Benjamin Azoff, pursuant to power of attorney.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CEO's purchase of shares suggests confidence, but it's a relatively small transaction.

Positives

• The CEO's purchase of shares could be interpreted as a positive signal about the company's prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their investment activities. This filing indicates the CEO's continued investment in the company.

Stakeholder Impact

• The CEO's stock purchase could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Marathon Bancorp, Nicholas Zillges, Form 4, Beneficial Ownership, Stock Options, Common Stock, Insider Trading