John S. Fitzgerald - May 12, 2023 Form 4 Insider Report for Magyar Bancorp, Inc. (MGYR)

Role
President and CEO, Director
Signature
/s/ Jon Ansari, Pursuant to Power of Attorney
Stock symbol
MGYR
Transactions as of
May 12, 2023
Transactions value $
$9,990
Form type
4
Date filed
5/15/2023, 10:48 AM
Previous filing
Apr 28, 2023
Next filing
Sep 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Award $9.99K +1K +1.26% $9.99 80.5K May 12, 2023 Direct F1
holding MGYR Common Stock 14K May 12, 2023 By ESOP
holding MGYR Common Stock 12.8K May 12, 2023 By IRA
holding MGYR Common Stock 37.6K May 12, 2023 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
holding MGYR Stock Options 60K May 12, 2023 Common Stock 60K $12.70 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of restricted stock which 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.