Jon Ansari - Aug 14, 2023 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
Aug 14, 2023
Transactions value $
$6,111
Form type
4
Date filed
8/16/2023, 09:22 AM
Previous filing
May 30, 2023
Next filing
Nov 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Award $6.11K +550 +0.76% $11.11 72.7K Aug 14, 2023 Direct F1
holding MGYR Common Stock 2.1K Aug 14, 2023 By Spouse's IRA
holding MGYR Common Stock 13.9K Aug 14, 2023 By ESOP
holding MGYR Common Stock 24K Aug 14, 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 Aug 14, 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.