Knopf Michelle 4

What Happened

• Michelle Knopf, Executive Vice President and Chief Operating Officer of Marathon Bancorp (MBBC), had 86 shares disposed on May 16, 2026 to satisfy a tax withholding obligation. The shares were valued at $14.50 each for a total of $1,247. This was a tax-withholding disposition (transaction code F), not a market purchase.

Key Details

• Transaction date and price: May 16, 2026 — 86 shares at $14.50 each (total $1,247)
• Transaction type: Code F — payment of exercise price or tax liability (shares withheld/disposed to cover taxes)
• Shares owned after transaction: Not specified in the Form 4 filing
• Filing date: May 19, 2026 — appears timely (filed within the two-business-day reporting window)
• Relevant footnotes from the filing:
  • F1: Some restricted stock vests 20% per year starting June 28, 2023
  • F2: Some restricted stock vests 20% per year starting May 16, 2024
  • F3: Stock options vest 20% per year starting June 28, 2023
  • F4: Stock options vest 20% per year starting May 16, 2024

Context

• This transaction reflects routine tax withholding on vested awards (or on exercise-related tax liability) rather than an open-market investment decision. Such dispositions are common when shares vest or options are exercised and do not necessarily signal the insider's view of the stock.