Form 4: Marathon Bancorp EVP and COO Michelle Knopf Reports Acquisition of Common Stock

Michelle Knopf, EVP and COO of Marathon Bancorp, reports acquiring 3,300 shares of common stock at $10 per share on April 21, 2025, and adjustments to stock options and restricted stock holdings.

Summary

• On April 21, 2025, Michelle Knopf, EVP and COO of Marathon Bancorp, reported acquiring 3,300 shares of common stock at a price of $10 per share.
• Following the transaction, Knopf directly owns 3,685 shares of common stock and indirectly owns 16,349 shares through a 401(k) and 1,274 shares through an ESOP.
• The report also reflects adjustments to stock options and restricted stock holdings due to a 1.3728 stock exchange related to the company's mutual to stock conversion.
• Stock options vest at a rate of 20% per year commencing on June 28, 2023, and May 16, 2024, respectively.
• Restricted stock also vests at a rate of 20% per year commencing on June 28, 2023, and May 16, 2024, respectively.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by an executive is generally a good sign, but the filing itself is a routine disclosure.

Positives

• The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's performance.

Comparison to Industry Standards

• Executive stock ownership is a common practice in publicly traded companies.
• The vesting schedules for restricted stock and stock options (20% per year) are fairly standard within the industry.
• Comparing Marathon Bancorp's executive compensation and stock ownership to similar-sized regional banks would provide a more detailed benchmark.

Stakeholder Impact

• The reported transactions may have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Marathon Bancorp, MBBC, Michelle Knopf, Form 4, Stock Acquisition, Beneficial Ownership, Stock Options, Restricted Stock, Mutual to Stock Conversion