Wimmer Timothy R 4

What Happened

• Timothy R. Wimmer, a director of Marathon Bancorp, received equity awards on 2026-06-15: 3,386 shares of common stock granted (acquired at $0.00) and a derivative equity award covering 8,467 shares (also shown at $0.00). These are awards (code A on the Form 4) rather than open-market purchases or sales, so no cash was paid or received in the transaction.

Key Details

• Transaction date: 2026-06-15; Form 4 filed 2026-06-16 (timely filing).
• Grants recorded at $0.00 per share (total cash value shown as $0 on the Form 4).
• Vesting/award notes: footnotes indicate restricted stock and option awards vest at 20% per year with various commencement dates (notably June 15, 2027 and June 28, 2023); options have additional vesting commencement dates listed (June 15, 2027; June 28, 2023; May 16, 2024).
• Post-transaction total shares owned: not specified in the information provided.
• Transaction type: award/grant (A); derivative award means the right to receive/settle into shares subject to vesting (e.g., RSUs or similar), per the filing.

Context

• Equity grants to directors are typically part of compensation and alignment with shareholders; they do not represent an open-market purchase (which some investors view as a stronger bullish signal). Because these awards vest over time (20% per year as noted), they are designed to retain and align the director’s interests with the company over multiple years.
• Filing was submitted promptly (next day), so there is no late-reporting concern in this filing.