Selting-Buchberger Joy 4
Research Summary
AI-generated summary
Marathon Bancorp (MBBC) CFO Joy Selting-Buchberger Withholds 56 Shares
What Happened
- Joy Selting-Buchberger, SVP and Chief Financial Officer of Marathon Bancorp (MBBC), had 56 shares disposed on May 16, 2026 to satisfy a tax withholding obligation. The shares were recorded at $14.50 each for a total value of $812. This transaction is a withholding to cover tax liabilities (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-05-16; Filing date (Form 4): 2026-05-19.
- Transaction: 56 shares withheld/disposed at $14.50/share — total ≈ $812.
- Transaction code: F — payment of exercise price or tax liability (share withholding).
- Shares owned after the transaction: not specified in the provided excerpt; see the full Form 4 for beneficial ownership totals.
- Footnotes on the filing:
- F1: Restricted stock vests 20% per year starting June 28, 2023.
- F2: 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.
- No late-filing flag was included in the provided data; check the full filing for timeliness classification.
Context
- This was a routine tax-withholding disposition associated with equity awards (common when restricted shares vest or options are exercised). It differs from an open-market sale and generally reflects administrative tax obligations rather than a directional bet on the stock. For full context on total holdings and any related option exercises or vesting events, review the complete Form 4 filing.