Jon Ansari - Sep 22, 2022 Form 4 Insider Report for Magyar Bancorp, Inc. (MGYR)

Role
EVP and CFO, Director
Signature
/s/ John S. Fitzgerald, Pursuant to Power of Attorney
Stock symbol
MGYR
Transactions as of
Sep 22, 2022
Transactions value $
$0
Form type
4
Date filed
9/26/2022, 12:31 PM
Previous filing
May 13, 2022
Next filing
Mar 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Award $0 +25K +54.52% $0.00 70.9K Sep 22, 2022 Direct F1
holding MGYR Common Stock 2.1K Sep 22, 2022 By Spouse's IRA
holding MGYR Common Stock 13.9K Sep 22, 2022 By ESOP
holding MGYR Common Stock 23.7K Sep 22, 2022 By 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MGYR Stock Options Award $0 +40K $0.00 40K Sep 22, 2022 Common Stock 40K $12.70 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of restricted stock vest at a rate of 20% per year commencing on September 22, 2023.
F2 Stock options vest at a rate of 20% per year commencing on September 22, 2023.