Selting-Buchberger Joy 4
Research Summary
AI-generated summary
Marathon Bancorp (MBBC) CFO Joy Selting-Buchberger Sells 522 Shares
What Happened
- Joy Selting-Buchberger, Senior Vice President and Chief Financial Officer of Marathon Bancorp (MBBC), disposed of 522 shares on June 28, 2026 to satisfy a tax liability related to her equity awards. The shares were disposed at $15.49 per share for a total value of $8,086. This transaction is a share disposition to cover taxes (routine), not a cash purchase.
Key Details
- Transaction date: 2026-06-28; Price: $15.49 per share; Shares disposed: 522; Total value: $8,086.
- Transaction code: F — payment of exercise price or tax liability (shares withheld/disposed to cover taxes).
- Filing: Report filed 2026-06-30 for a 2026-06-28 transaction (timely within standard Section 16 reporting window).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Relevant footnotes from the filing:
- F1/F2: Some shares are restricted stock vesting 20% per year (commencing 6/28/2023 and 5/16/2024).
- F4/F5: Some stock options vest 20% per year (same commencement dates).
- F3: The filing references transactions not required to be reported under Section 16 (as noted in the filing).
Context
- This appears to be a routine tax-withholding/share-disposition tied to vesting or exercise of equity awards (a common administrative action). Such dispositions to cover taxes do not necessarily indicate the insider’s market view.