Cornish Terry 4

What Happened Terry Cornish, Senior Vice President and Chief Compliance Officer of Marathon Bancorp (MBBC), disposed of 247 shares on June 28, 2026. The shares were valued at $15.49 each for a total of $3,826. The transaction is reported with code F, indicating the shares were surrendered/withheld to satisfy tax withholding or exercise-related obligations rather than an open-market sale.

Key Details

• Transaction date and price: 2026-06-28 — 247 shares at $15.49 per share (total $3,826).
• Transaction type/code: F — payment of exercise price or tax liability (shares withheld/surrendered).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: The filing includes vesting schedules for restricted stock and options (footnotes F1–F6), each indicating 20% vesting per year beginning on various dates (June 28, 2023; May 16, 2024; June 15, 2027).
• Filing timeliness: Report filed 2026-06-30 for a 2026-06-28 transaction (filed two days after the transaction; appears timely).

Context This appears to be a routine tax-withholding/share-surrender related to equity awards (common following vesting or option exercises) rather than a voluntary open-market sale, so it generally does not signal a change in insider sentiment. The amount is modest relative to typical open-market trades; retail investors should view it as an administrative equity-compensation action unless additional, larger trades are reported.