Zillges Nicholas W 4
4 · Marathon Bancorp, Inc. /MD/ · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Marathon Bancorp (MBBC) CEO Nicholas Zillges Buys 1,076 Shares
What Happened
Nicholas W. Zillges, President, CEO and a director of Marathon Bancorp, Inc. (MBBC), made a series of open‑market purchases (Form 4 code P) totaling 1,076 shares between June 3 and June 10, 2026. The purchases by date: 203 shares on 2026-06-03 at a weighted average reported $13.75 ($2,791); 21 shares on 2026-06-04 at $13.77 ($289); 90 shares on 2026-06-05 at $14.25 ($1,282); 55 shares on 2026-06-08 at $14.24 ($783); 537 shares on 2026-06-09 at $14.50 ($7,787); and 170 shares on 2026-06-10 at $14.75 ($2,508). Total cash spent across these purchases was about $15,440. Purchases were reported on a Form 4 filed with the SEC on June 11, 2026.
Key Details
- Transaction dates and reported prices: 6/3 (203 @ $13.75 weighted avg; range $13.655–$13.75 per footnote F1), 6/4 (21 @ $13.77; range $13.75–$14.00 F2), 6/5 (90 @ $14.25; range $14.00–$14.25 F3), 6/8 (55 @ $14.24; range $14.18–$14.25 F4), 6/9 (537 @ $14.50), 6/10 (170 @ $14.75).
- Total shares purchased: 1,076; total reported value: ~$15,440.
- Transaction type: Open-market purchases (Form 4 code P).
- Shares owned after the transactions: Not specified in the provided filing details.
- Filing timeliness: Form 4 was filed on 2026-06-11; transactions span 6/3–6/10 and were reported promptly (filed the next business day after the last reported trade).
- Footnotes F1–F4 note that certain line-item prices are weighted averages across multiple executions and the reporting person will provide price-by-price details on request.
Context
- These were outright purchases (not option exercises, awards, or gifts). Purchases are simply reported facts — they are often viewed by investors as informative but do not, by themselves, prove any particular future company outcome.
- No 10b5‑1 plan, tax withholding, or option exercise language is indicated in the items provided.
Insider Transaction Report
Form 4
Zillges Nicholas W
DirectorPresident and CEO
Transactions
- Purchase
Common Stock
[F1]2026-06-03$13.75/sh+203$2,791→ 50,287 total(indirect: By 401(k)) - Purchase
Common Stock
[F2]2026-06-04$13.77/sh+21$289→ 50,308 total(indirect: By 401(k)) - Purchase
Common Stock
[F3]2026-06-05$14.25/sh+90$1,282→ 50,398 total(indirect: By 401(k)) - Purchase
Common Stock
[F4]2026-06-08$14.24/sh+55$783→ 50,453 total(indirect: By 401(k)) - Purchase
Common Stock
2026-06-09$14.50/sh+537$7,787→ 50,990 total(indirect: By 401(k)) - Purchase
Common Stock
2026-06-10$14.75/sh+170$2,508→ 51,160 total(indirect: By 401(k))
Holdings
- 39,301
Common Stock
[F5] - 604(indirect: By IRA)
Common Stock
- 4,429(indirect: By ESOP)
Common Stock
- 29,994
Stock Options
[F6]Exercise: $8.13From: 2023-06-28Exp: 2032-06-28→ Common Stock (29,994 underlying) - 3,000
Stock Options
[F7]Exercise: $6.48From: 2024-05-16Exp: 2033-05-16→ Common Stock (3,000 underlying)
Footnotes (7)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.655 to $13.75, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.75 to $14.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (2) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.00 to $14.25, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (3) to this Form 4.
- [F4]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.18 to $14.25, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (4) to this Form 4.
- [F5]Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 28, 2023.
- [F6]Stock options vest at a rate of 20% per year commencing on June 28, 2023.
- [F7]Stock options vest at a rate of 20% per year commencing on May 16, 2024.
Signature
/s/ Benjamin Azoff, pursuant to power of attorney|2026-06-11