Stephen Scartozzi - Mar 6, 2023 Form 4 Insider Report for MALVERN BANCORP, INC. (MLVF)

Role: Director
Signature: /s/ Nathaniel Jordan
Stock symbol: MLVF
Transactions as of: Mar 6, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/7/2023, 04:30 PM
Previous filing: Mar 3, 2023
Next filing: Apr 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MLVF	Common Stock	Award	$0	+700	+5.26%	$0.00	14K	Mar 6, 2023	Direct	F1
holding	MLVF	Common Stock						9.26K	Mar 6, 2023	By IRA

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
transaction	MLVF	Stock Option (right to buy)	Award	$0	+1K		$0.00	1K	Mar 6, 2023	Common Stock	1K	$17.86	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The 700 restricted shares vest in five (5) annual twenty percent (20%) increments beginning on the one year anniversary of the grant date and were granted under the Company's 2014 Long-Term Incentive Compensation Plan.
F2	This restricted stock option becomes exercisable in five (5) annual, twenty percent (20%) increments beginning on the one-year anniversary of the grant date and was granted under the Company's 2014 Long-Term Incentive Compensation Plan.