How Zillges was paid
$999,312 in total for 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Options | Other | Total |
|---|---|---|---|---|---|---|
| Nicholas W. ZillgesPresident and Chief Executive Officer | $363,825 | $91,000 | $246,390 | $242,156 | $55,941 | $999,312 |
| Nora SpatzExecutive Vice President and Chief Administrative Officer | $165,770 | $23,000 | $93,848 | $62,920 | $15,654 | $361,192 |
| Michelle KnopfExecutive Vice President and Chief Operating Officer | $185,000 | $12,500 | $79,298 | $57,200 | $27,854 | $361,852 |
What changed and why
- $999K$999,312 was CEO total compensation in 2026, compared with $573,273 in 2025.
- $91,000$91,000 was the CEO bonus under the short-term bonus program.
- $489K$488,546 was the CEO’s combined grant-date value of stock and option awards.
- 2026 bonuses reflected asset quality, net income growth, and reduced loan-portfolio risk.
- 237,077 shares were authorized under the 2026 Equity Incentive Plan.
- 20%20% of named executive officer equity awards vest annually over five years.
Other Marathon Bancorp proxy statements
- 2025 proxy statement
Nicholas W. Zillges paid $573,274 (+54% on the year).
Filed Oct 15, 2025
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.