Form 4: Marathon Bancorp EVP and CAO Nora Spatz Reports Changes in Beneficial Ownership

Nora Spatz, EVP and CAO of Marathon Bancorp, reports a transaction involving common stock and stock options, resulting in adjustments to her beneficial ownership.

Summary

• Nora Spatz, the EVP and CAO of Marathon Bancorp, filed a Form 4 detailing changes in her beneficial ownership of the company's securities.
• On May 16, 2025, she disposed of 29 shares of common stock at a price of $10.03 per share.
• Following the transaction, Spatz directly owns 16,110 shares of common stock.
• She also indirectly owns shares through a 401(k) (30,278 shares), a trust (1,598 shares), as custodian (1,149 shares), an ESOP (1,209 shares), and through her spouse (1,372 shares).
• Spatz also holds stock options: 5,999 options exercisable at $8.1294 (vesting starting June 28, 2023) and 4,804 options exercisable at $6.4831 (vesting starting May 16, 2024).

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing. It simply reports transactions and doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their transactions in the company's securities. It's common for executives to have stock options and restricted stock as part of their compensation packages.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It helps ensure fair markets by disclosing potential conflicts of interest.

Key Dates

Keywords

Form 4, beneficial ownership, Marathon Bancorp, stock options, common stock, insider trading