Form 4: Marathon Bancorp EVP Nora Spatz Exercises Stock Options

EVP and CAO Nora Spatz exercised 1,200 stock options in Marathon Bancorp, Inc. at a price of $8.13 per share.

Summary

• Nora Spatz, EVP and CAO of Marathon Bancorp, Inc., exercised 1,200 stock options on June 3, 2026.
• The exercise price for these options was $8.13 per share.
• Following the transaction, Spatz holds 21,149 shares directly.
• Spatz maintains additional indirect holdings through a 401(k), trust, custodial account, ESOP, and spouse, totaling 41,929 indirect shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine exercise of vested equity compensation by an executive.

Positives

• Insider demonstrates commitment to the company by exercising vested stock options.
• The reporting person maintains a significant total beneficial ownership stake in the company.

Negatives

• None identified in this filing.

Risks

• Future value of holdings is subject to market fluctuations in Marathon Bancorp, Inc. common stock.

Future Outlook

No specific forward-looking guidance provided in this regulatory filing.

Industry Context

StockSavvy.ai notes that routine insider option exercises are standard corporate governance events and generally reflect individual financial planning rather than a change in corporate strategy or outlook.

Comparison to Industry Standards

• The transaction follows standard SEC reporting requirements for executive equity compensation.
• The exercise price and vesting schedule are consistent with typical regional banking sector incentive plans.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine exercise of existing equity compensation.

Next Steps

• Continued monitoring of insider transactions for potential shifts in executive sentiment.

Key Dates

Keywords

Marathon Bancorp, MBBC, Insider Trading, Form 4, Stock Options, Executive Compensation