secwatch.observer — SEC 8-K summary
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Issuer:     Marathon Bancorp, Inc. /MD/ (MBBC)
CIK:        0001835385
Form:       8-K
Filed at:   2022-06-30T23:59:59+00:00
Accession:  0000943374-22-000269
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marathon Bancorp appoints Ann M. Werth to board; grants 874 restricted shares and 1,092 options
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- Ann M. Werth appointed to boards of Marathon Bancorp, Marathon MHC, and Marathon Bank.
- Ms. Werth is former Community and Economic Development Director of Wausau, Wisconsin, with 30 years in community development.
- She received 874 restricted shares and 1,092 stock options with exercise price $11.16, vesting 20% annually over 5 years.
- Awards made under the 2022 Equity Incentive Plan; vesting accelerates in death, disability, or change-in-control termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835385/000094337422000269/0000943374-22-000269-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835385/000094337422000269/form8k_062822.htm
  HTML page:      https://secwatch.observer/filing/0000943374-22-000269

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer