Knopf Michelle 4
4 · Marathon Bancorp, Inc. /MD/ · Filed Jun 30, 2026
Research Summary
AI-generated summary of this filing
Marathon Bancorp (MBBC) EVP Michelle Knopf Sells 225 Shares for Taxes
What Happened
Michelle Knopf, EVP and COO of Marathon Bancorp (MBBC), had 225 shares disposed on June 28, 2026 to satisfy a tax liability (transaction code F). The shares were valued at $15.49 each, for a total of roughly $3,485. This disposition appears to be a tax withholding/payment rather than an open‑market sale for investment purposes.
Key Details
- Transaction date: 2026-06-28
- Price per share: $15.49; Shares disposed: 225; Reported value: ~$3,485
- Transaction code F = payment of exercise price or tax liability (shares withheld/disposed to cover taxes)
- Shares owned after the transaction: not provided in the data you supplied
- Filing date: Form was filed 2026-06-30 (Period of Report: 2026-06-28); no late filing flag indicated in the provided data
- Footnotes on vesting (from the filing):
- F1–F3: Restricted stock vests at 20% per year starting 6/28/2023, 5/16/2024, and 6/15/2027 respectively.
- F4–F6: Stock options vest at 20% per year starting 6/28/2023, 5/16/2024, and 6/15/2027 respectively.
Context
This was a tax-withholding disposition commonly used when restricted stock vests or options are exercised; the company disposes or withholds shares to cover taxes. Such transactions are routine and do not necessarily indicate the insider is reducing their investment for other reasons.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2][F3]2026-06-28$15.49/sh−225$3,485→ 8,557 total
- 19,339(indirect: By 401(k))
Common Stock
- 2,235(indirect: By ESOP)
Common Stock
- 4,498
Stock Options
[F4]Exercise: $8.13From: 2023-06-28Exp: 2032-06-28→ Common Stock (4,498 underlying) - 4,804
Stock Options
[F5]Exercise: $6.48From: 2024-05-16Exp: 2033-05-16→ Common Stock (4,804 underlying) - 10,000
Stock Options
[F6]Exercise: $14.55From: 2027-06-15Exp: 2036-06-15→ Common Stock (10,000 underlying)
Footnotes (6)
- [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 May 16, 2024.
- [F3]Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 15, 2027.
- [F4]Stock options vest at a rate of 20% per year commencing on June 28, 2023.
- [F5]Stock options vest at a rate of 20% per year commencing on May 16, 2024.
- [F6]Stock options vest at a rate of 20% per year commencing on June 15, 2027.