Form 4: Marathon Bancorp Director Werth Acquires 550 Shares

Sentiment:

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

DateDescription
06/28/2023Commencement date for 20% annual vesting of some restricted stock and stock options.
05/16/2024Commencement date for 20% annual vesting of some restricted stock and stock options.
04/21/2025Date of the common stock acquisition by Ann M Werth.
04/22/2025Date of signature on the Form 4 filing.
06/28/2032Expiration date for some stock options.
05/16/2033Expiration date for some stock options.

Keywords

Form 4, insider trading, stock options, common stock, Marathon Bancorp, Werth, acquisition

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.