Zillges Nicholas W 4
4 · Marathon Bancorp, Inc. /MD/ · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Marathon Bancorp (MBBC) CEO Nicholas Zillges Buys 970 Shares
What Happened Nicholas W. Zillges, President, CEO and Director of Marathon Bancorp, Inc. (MBBC), reported a purchase of 970 shares on 2026-06-16 at $15.00 per share, for a total transaction value of $14,550. The filing lists the transaction as a purchase (code P), indicating an acquisition rather than a sale.
Key Details
- Transaction date and price: 2026-06-16, 970 shares at $15.00 per share.
- Total value: $14,550.
- Shares owned after transaction: Not specified in the information provided in this summary (refer to the full Form 4 for total beneficial ownership).
- Filing date/timeliness: Reported on 2026-06-17 (timely filing).
- Notable footnotes from the filing:
- F1: Restricted stock vests 20% per year beginning June 28, 2023.
- F2: Restricted stock vests 20% per year beginning June 15, 2027.
- F3: Stock options vest 20% per year beginning June 28, 2023.
- F4: Stock options vest 20% per year beginning May 16, 2024.
- F5: Stock options vest 20% per year beginning June 15, 2027.
Context This was a straight purchase (code P) rather than an option exercise or award. Insider purchases are often viewed by investors as a positive signal because they increase the insider’s stake, but they do not by themselves prove future company performance. For full ownership details and to see how this trade fits into Zillges’ overall holdings (including restricted stock and options with staggered vesting), consult the complete Form 4 filing (Accession 0001437749-26-020909).
Insider Transaction Report
- Purchase
Common Stock
[F1][F2]2026-06-16$15.00/sh+970$14,550→ 57,205 total
- 51,160(indirect: By 401(k))
Common Stock
- 604(indirect: By IRA)
Common Stock
- 4,429(indirect: By ESOP)
Common Stock
- 29,994
Stock Options
[F3]Exercise: $8.13From: 2023-06-28Exp: 2032-06-28→ Common Stock (29,994 underlying) - 3,000
Stock Options
[F4]Exercise: $6.48From: 2024-05-16Exp: 2033-05-16→ Common Stock (3,000 underlying) - 42,335
Stock Options
[F5]Exercise: $14.55From: 2027-06-15Exp: 2036-06-15→ Common Stock (42,335 underlying)
Footnotes (5)
- [F1]Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 28, 2023.
- [F2]Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 15, 2027.
- [F3]Stock options vest at a rate of 20% per year commencing on June 28, 2023.
- [F4]Stock options vest at a rate of 20% per year commencing on May 16, 2024.
- [F5]Stock options vest at a rate of 20% per year commencing on June 15, 2027.