Jon Ansari - Jan 30, 2024 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
Jan 30, 2024
Transactions value $
$11,440
Form type
4
Date filed
1/31/2024, 03:27 PM
Previous filing
Nov 13, 2023
Next filing
May 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Award $11.4K +1K +1.37% $11.44 74.2K Jan 30, 2024 Direct F1
holding MGYR Common Stock 2.1K Jan 30, 2024 By Spouse's IRA
holding MGYR Common Stock 14.5K Jan 30, 2024 By ESOP
holding MGYR Common Stock 24.5K Jan 30, 2024 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 Jan 30, 2024 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.