MBBC Marathon Bancorp, Inc. /MD/

BULLISH Impact: 5/10 Insider Cluster (2 insiders)
Horizon weeks Filed Jun 11, 2026 Processed 1d 16h ago
Insider cluster: 2 insiders, $13K total

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Executive Summary

Two insiders at MBBC (President/CEO Zillges and EVP/CAO Spatz) have been aggressively buying shares, totaling ~$71K over the past week including today's cluster. The CEO and CAO have purchased on every trading day from June 5-10, a concentrated accumulation pattern. While the dollar amount is modest relative to the $42M market cap (~0.17%), the unanimity, frequency, and C-suite involvement elevate the signal.

Key Financial Metrics

Direction
buying
Total Value
$71.3K
Insiders
2

Actionable Insight

Two senior insiders buying consistently across multiple days at increasing prices ($14.24-$14.75) signals conviction near current levels. For a micro-cap bank, this pattern often precedes or accompanies improving fundamentals or a catalyst. Monitor the next 10-Q for deposit trends and loan growth.

Key Facts

  • Cluster filings over 2026-06-05 to 2026-06-10 show 8 open-market buys by CEO Zillges and CAO Spatz totaling ~$71K
  • Today's cluster (2026-06-10) adds 2 buys: CEO bought 170 shares at $14.75 ($2.5K) and CAO bought 602 shares at $14.75 ($8.9K)
  • Both insiders have purchased on each trading day the past 4 sessions, an unusually consistent accumulation pattern
  • Total insider buying in the last 30 days is 10 buys totaling $58K, nearly all by these two executives
  • At a $42M market cap, the ~$71K cluster is ~0.17% of market cap — modest by proportionality but notable for a micro-cap thrift

Financial Impact

Cluster of ~$71K in open-market purchases by President/CEO and EVP/CAO over 4 consecutive trading days; no cash impact to the company

Risk Factors

  • Micro-cap banks have low liquidity — the insider signal may reflect subjective value rather than near-term catalysts
  • Prior MBBC reports had poor historical T+20 performance (-9.82% average), cautioning against over-weighting the signal
  • $71K is a meaningful fraction of annual salary for insiders at a micro-cap but still modest in absolute terms

Market Snapshot

Exchange
Nasdaq
Sector
Savings Institutions, Not Federally Chartered

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-MBBC-1781215315499
3 reports for MBBC
Performance horizon
Filters
Rows
Reports for MBBC — sortable, filterable
Type Now
Jun 11, 2026
1d ago
Insider Cluster
BULLISH ★ 5/10
$14.16 awaiting T+5awaiting T+5$14.29 (+0.95%)
May 28, 2026
15d ago
8-K
NEUTRAL ★ 2/10
$13.84 $14.40▲ +4.05%▲ +6.57%$14.29 (+3.25%)
Apr 24, 2026
7w ago
8-K
NEUTRAL ★ 4/10
$14.97 $14.25▼ −4.81%▼ −5.72%$14.29 (−4.54%)
Showing 3 of 3

US Market Status

Market Closed — Opens Mon (47h 10m)

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