Jon Ansari - May 26, 2023 Form 4 Insider Report for Magyar Bancorp, Inc. (MGYR)

Role
EVP and CFO, Director
Signature
/s/ John S. Fitzgerald
Stock symbol
MGYR
Transactions as of
May 26, 2023
Transactions value $
$5,050
Form type
4
Date filed
5/30/2023, 11:43 AM
Previous filing
Apr 28, 2023
Next filing
Aug 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Award $5.05K +500 +0.7% $10.10 72.2K May 26, 2023 Direct F1
holding MGYR Common Stock 2.1K May 26, 2023 By Spouse's IRA
holding MGYR Common Stock 13.9K May 26, 2023 By ESOP
holding MGYR Common Stock 24K May 26, 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 40K May 26, 2023 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 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.