Form 4: Marathon Bancorp Insider Trades

Terry Cornish, SVP and CCO of Marathon Bancorp, Inc., reported transactions involving common stock and stock options.

Summary

• Terry Cornish, Senior Vice President and Chief Compliance Officer (SVP and CCO) of Marathon Bancorp, Inc., engaged in transactions on June 28, 2026.
• These transactions involved the acquisition of 247 shares of common stock at a price of $15.49 per share.
• Following these transactions, Mr. Cornish beneficially owns 6,256 shares of common stock directly.
• Additionally, he holds 27,205 shares through a 401(k) plan and 2,250 shares through an ESOP.
• The filing also details Mr. Cornish's holdings of stock options with exercise prices ranging from $6.48 to $14.55, with vesting schedules extending to 2033 and 2036.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It reports routine insider transactions and holdings without providing new strategic information or performance indicators.

Positives

• The reporting person acquired additional shares of common stock, indicating continued investment in the company.
• The filing details a significant number of shares held indirectly through retirement plans (401(k) and ESOP), suggesting long-term employee commitment.
• The reporting person holds multiple stock options, which could provide future upside if the stock price increases.

Negatives

• The filing does not provide details on the reason for the stock acquisition, making it difficult to assess the motivation.
• The exercise prices of some stock options are close to or above the reported purchase price of common stock, which could limit immediate upside potential for those options.

Risks

• The vesting schedules for restricted stock and stock options indicate a phased increase in ownership, meaning a portion of these securities will not be fully owned until future dates.
• The filing does not disclose any specific risks related to the company's operations or market conditions.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance. It solely reports on past transactions and current beneficial ownership.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and do not typically offer strategic insights. The reported activity by Terry Cornish, SVP and CCO, is a routine disclosure of personal investment and compensation-related holdings in Marathon Bancorp, Inc.

Stakeholder Impact

• Shareholders: The acquisition of shares by an insider may be viewed positively, but the limited quantity and lack of context make a significant impact unlikely. The details of stock options and restricted stock vesting provide insight into executive compensation structures.
• Employees: The mention of ESOP and 401(k) holdings indicates the company's provision of employee benefit plans.
• Management: The filing details the holdings of a key executive, providing transparency on their personal investment in the company.

Next Steps

• Vesting of restricted stock and stock options will continue according to the outlined schedules.
• Future transactions by insiders will be reported via subsequent Form 4 filings.

Key Dates

Keywords

Form 4, SEC Filing, Insider Trading, Marathon Bancorp, MBBC, Terry Cornish, Stock Options, Common Stock, Beneficial Ownership, Restricted Stock, 401(k), ESOP