Form 4: Marathon Bancorp EVP and COO Michelle Knopf Reports Stock Transactions

Michelle Knopf, EVP and COO of Marathon Bancorp, reports the disposition of common stock to cover tax obligations and details of beneficially owned shares and stock options.

Summary

• Michelle Knopf, the EVP and COO of Marathon Bancorp, filed a Form 4 detailing changes in beneficial ownership.
• On May 16, 2025, Knopf disposed of 70 shares of common stock at a price of $10.03 to satisfy tax obligations.
• Following the transaction, Knopf directly owns 3,615 shares of common stock, which includes restricted stock vesting at 20% per year starting June 28, 2023, and May 16, 2024.
• Knopf also indirectly owns 16,349 shares through a 401(k) and 1,274 shares through an ESOP.
• Knopf holds stock options for 4,498 shares exercisable at $8.1294, vesting at 20% per year from June 28, 2023, and options for 4,804 shares exercisable at $6.4831, vesting at 20% per year from May 16, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock transactions by an executive. The sale of shares to cover taxes is a common occurrence.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects insider activity, which is closely monitored for insights into management's perspective on the company's value.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Options, Common Stock, Marathon Bancorp, MBBC, Knopf, Executive Compensation