Form 4: Marathon Bancorp Director Werth Acquires 550 Shares
SEC Form 4 Filing
Director Ann M Werth acquired 550 shares of Marathon Bancorp, Inc. common stock at $10 per share on April 21, 2025, increasing her total holdings.
Summary
- On April 21, 2025, Ann M Werth, a director of Marathon Bancorp, Inc., acquired 550 shares of common stock at a price of $10 per share.
- Following this transaction, Werth directly owns 3,617 shares of Marathon Bancorp, Inc.
- The transaction was reported on a Form 4 filing with the SEC.
- The filing also details Werth's ownership of stock options that vest at a rate of 20% per year commencing on June 28, 2023, and May 16, 2024, with exercise prices adjusted for a 1.3728 to 1.00 stock exchange related to the company's mutual to stock conversion.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a relatively small transaction.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Investors often monitor these filings to gauge sentiment and potential future performance.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/28/2023 | Commencement date for 20% annual vesting of some restricted stock and stock options. |
| 05/16/2024 | Commencement date for 20% annual vesting of some restricted stock and stock options. |
| 04/21/2025 | Date of the common stock acquisition by Ann M Werth. |
| 04/22/2025 | Date of signature on the Form 4 filing. |
| 06/28/2032 | Expiration date for some stock options. |
| 05/16/2033 | Expiration date for some stock options. |
Keywords
Form 4, insider trading, stock options, common stock, Marathon Bancorp, Werth, acquisition
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