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

Role
President and CEO, Director
Signature
/s/ Jon Ansari
Issuer symbol
MGYR
Transactions as of
15 Feb 2024
Net transactions value
+$11,430
Form type
4
Filing time
16 Feb 2024, 11:33:09 UTC
Previous filing
22 Nov 2023
Next filing
31 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Award $11,430 +1,000 +1.2% $11.43 84,777 15 Feb 2024 Direct F1
holding MGYR Common Stock 14,565 15 Feb 2024 By ESOP
holding MGYR Common Stock 12,823 15 Feb 2024 By IRA
holding MGYR Common Stock 38,064 15 Feb 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 60,000 15 Feb 2024 Common Stock 60,000 $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.