Form 4: Marathon Bancorp Director Amy Zientara Acquires Shares and Reports Stock Option Holdings
SEC Form 4 Filing
Amy Zientara, Chairwoman of the Board at Marathon Bancorp, reports the acquisition of 2,500 shares of common stock and details her holdings of stock options.
Summary
- On April 21, 2025, Amy Zientara, Chairwoman of the Board at Marathon Bancorp, acquired 2,500 shares of common stock at $10 per share.
- Following this transaction, Zientara directly owns 19,226 shares of Marathon Bancorp common stock.
- Zientara also holds stock options for 5,999 shares with an exercise price of $8.1294, vesting at 20% per year starting June 28, 2023, and expiring on June 28, 2032.
- Additionally, she holds stock options for 1,499 shares with an exercise price of $6.4831, vesting at 20% per year starting May 16, 2024, and expiring on May 16, 2033.
- The reported transactions reflect a 1.3728 stock exchange related to the company's mutual to stock conversion.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard disclosure of insider transactions. The acquisition of shares is a mildly positive signal, but not significantly impactful.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Comparison to Industry Standards
- Comparing Marathon Bancorp to similar regional banks, insider ownership is a key metric.
- Analyzing the percentage of shares held by directors and officers relative to peers like First Midwest Bancorp or Old National Bancorp can provide insights into management's commitment.
- Stock option grants are also common, and the vesting schedules and exercise prices can be compared to industry benchmarks to assess their attractiveness.
Stakeholder Impact
- Shareholders may view the director's share acquisition as a positive sign of confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 06/28/2023 | Commencement of vesting for stock options on 5,999 shares at a rate of 20% per year. |
| 05/16/2024 | Commencement of vesting for stock options on 1,499 shares at a rate of 20% per year. |
| 04/21/2025 | Date of transaction: Amy Zientara acquired 2,500 shares of common stock. |
| 04/22/2025 | Date of filing of the Form 4. |
| 06/28/2032 | Expiration date for stock options on 5,999 shares. |
| 05/16/2033 | Expiration date for stock options on 1,499 shares. |
Keywords
Marathon Bancorp, MBBC, Amy Zientara, Stock Options, Share Acquisition, Director, Form 4, Beneficial Ownership, Mutual to Stock Conversion
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