John S. Fitzgerald - Feb 15, 2024 Form 4 Insider Report for Magyar Bancorp, Inc. (MGYR)

Signature
/s/ Jon Ansari
Stock symbol
MGYR
Transactions as of
Feb 15, 2024
Transactions value $
$11,430
Form type
4
Date filed
2/16/2024, 11:33 AM
Previous filing
Nov 22, 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 +1.19% $11.43 84.8K Feb 15, 2024 Direct F1
holding MGYR Common Stock 14.6K Feb 15, 2024 By ESOP
holding MGYR Common Stock 12.8K Feb 15, 2024 By IRA
holding MGYR Common Stock 38.1K Feb 15, 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 60K Feb 15, 2024 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.