Form 4: Marathon Bancorp Insider Trades Common Stock
Statement of Changes in Beneficial Ownership
Terry Cornish, SVP and CCO of Marathon Bancorp, Inc., reported a transaction involving the acquisition of 41 shares of common stock at $14.50 per share.
Summary
- Terry Cornish, Senior Vice President and Chief Compliance Officer (SVP and CCO) of Marathon Bancorp, Inc., reported a transaction on May 16, 2026.
- Cornish acquired 41 shares of common stock at a price of $14.50 per share.
- Following this transaction, Cornish directly beneficially owns 3,003 shares of common stock.
- Additionally, Cornish beneficially owns 25,816 shares through a 401(k) plan and 1,478 shares through an Employee Stock Ownership Plan (ESOP).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine insider transaction without providing new financial information or strategic outlook.
Positives
- Insider acquisition of company stock can signal confidence in the company's future prospects.
- The acquisition of 41 shares by a senior executive indicates a direct investment in the company.
Future Outlook
The filing does not contain forward-looking statements or guidance. It solely reports a change in beneficial ownership.
Industry Context
StockSavvy.ai notes that insider transactions, such as this Form 4 filing by Marathon Bancorp's SVP and CCO, are closely watched by investors as potential indicators of management's confidence in the company's performance and future prospects.
Stakeholder Impact
- Shareholders may view the insider's purchase as a positive signal of confidence in the company's value.
Key Dates
| Date | Description |
|---|---|
| 05/16/2026 | Transaction date for the acquisition of common stock by Terry Cornish. |
| 06/28/2023 | Commencement date for vesting of restricted stock and stock options. |
| 05/16/2024 | Commencement date for vesting of restricted stock and stock options. |
| 05/19/2026 | Date of signature for the filing. |
Keywords
Marathon Bancorp, MBBC, Form 4, Insider Trading, Common Stock, Terry Cornish, SEC Filing, Beneficial Ownership
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