Zientara Amy 4
Research Summary
AI-generated summary
Marathon Bancorp (MBBC) Chair Amy Zientara Exercises Options
What Happened
Amy Zientara, Chairwoman and a director of Marathon Bancorp, exercised stock option/derivative rights on June 3, 2026. She acquired 3,599 shares at $8.13 each (cost $29,260) and 899 shares at $6.48 each (cost $5,826), for total cash paid of $35,086. The Form 4 also reports corresponding derivative "Disposed" entries for 3,599 and 899 shares at $0 (both coded M, exercise/conversion).
Key Details
- Transaction date: June 3, 2026; Form 4 filed June 5, 2026 (appears timely; Form 4 is due within 2 business days).
- Acquisitions: 3,599 shares @ $8.13 = $29,260; 899 shares @ $6.48 = $5,826; total paid ≈ $35,086.
- Disposals: Matching derivative entries for 3,599 and 899 shares reported at $0 (listed as "Derivative").
- Shares owned after the transactions: not specified in the excerpt provided.
- Footnotes: F1 — restricted stock vests 20% per year from June 28, 2023. F2 — stock options vest 20% per year from June 28, 2023. F3 — stock options vest 20% per year from May 16, 2024.
- Transaction code: M = Exercise or conversion of derivative.
Context
This filing reflects option/derivative exercises (an acquisition). The matching $0 "Disposed" derivative lines indicate conversion/settlement activity recorded by the issuer and do not report cash proceeds from any sale; the filing does not show an open‑market sale of shares. As always, these entries are factual records of insider activity and do not by themselves indicate the insider's view of the company.