Cornish Terry 4
4 · Marathon Bancorp, Inc. /MD/ · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Marathon Bancorp (MBBC) SVP Cornish Terry Buys 1,389 Shares
What Happened
- Cornish Terry, Senior Vice President and Chief Credit Officer of Marathon Bancorp, purchased a total of 1,389 shares of Marathon Bancorp (MBBC) in multiple open-market transactions from June 3–10, 2026. Individual trades: 263 @ $13.75 ($3,616) on 6/3; 27 @ $13.77 ($372) on 6/4; 116 @ $14.25 ($1,653) on 6/5; 71 @ $14.24 ($1,011) on 6/8; 693 @ $14.50 ($10,049) on 6/9; and 219 @ $14.75 ($3,230) on 6/10. Total outlay = $19,931. These were purchases (not sales), which are direct acquisitions of stock.
Key Details
- Transaction dates and prices: June 3–10, 2026 (see per-trade breakdown above).
- Total shares acquired: 1,389; total cost: $19,931.
- Filing: Form 4 filed June 11, 2026 reporting transactions through June 10, 2026 (no indication in the provided data that the filing was late).
- Footnotes: Several footnotes note that reported prices are weighted averages across multiple executions with price ranges roughly $13.655–$14.25 (see F1–F4). Additional footnotes (F5–F9) refer to restricted stock and option vesting schedules; F7 notes some transactions may not be required to be reported.
- Shares owned after transaction: Not provided in the supplied data.
Context
- Open-market purchases are straightforward acquisitions of shares (transaction code P). Purchases like these show an insider adding to holdings but are not proof of future performance. No option exercises, grants, gifts, or sales are shown in this filing.
Insider Transaction Report
Form 4
Cornish Terry
SVP and CCO
Transactions
- Purchase
Common Stock
[F1]2026-06-03$13.75/sh+263$3,616→ 26,079 total(indirect: By 401(k)) - Purchase
Common Stock
[F2]2026-06-04$13.77/sh+27$372→ 26,106 total(indirect: By 401(k)) - Purchase
Common Stock
[F3]2026-06-05$14.25/sh+116$1,653→ 26,222 total(indirect: By 401(k)) - Purchase
Common Stock
[F4]2026-06-08$14.24/sh+71$1,011→ 26,293 total(indirect: By 401(k)) - Purchase
Common Stock
2026-06-09$14.50/sh+693$10,049→ 26,986 total(indirect: By 401(k)) - Purchase
Common Stock
2026-06-10$14.75/sh+219$3,230→ 27,205 total(indirect: By 401(k))
Holdings
- 3,003
Common Stock
[F5][F6] - 2,250(indirect: By ESOP)
Common Stock
[F7] - 4,498
Stock Options
[F8]Exercise: $8.13From: 2023-06-28Exp: 2032-06-28→ Common Stock (4,498 underlying) - 4,804
Stock Options
[F9]Exercise: $6.48From: 2024-05-16Exp: 2033-05-16→ Common Stock (4,804 underlying)
Footnotes (9)
- [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]Includes shares of restricted stock which vest at a rate of 20% per year commencing on May 16, 2024.
- [F7]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- [F8]Stock options vest at a rate of 20% per year commencing on June 28, 2023.
- [F9]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