Edward C. Stokes III - Aug 26, 2022 Form 4 Insider Report for Magyar Bancorp, Inc. (MGYR)

Role
Director
Signature
/s/ John Fitzgerald, pursuant to power of attorney
Stock symbol
MGYR
Transactions as of
Aug 26, 2022
Transactions value $
$0
Form type
4
Date filed
8/26/2022, 06:02 PM
Previous filing
Jul 14, 2021
Next filing
Dec 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Award $0 +7.82K +23.92% $0.00 40.5K Aug 26, 2022 Direct F1
holding MGYR Common Stock 15.5K Aug 26, 2022 By IRA
holding MGYR Common Stock 7.33K Aug 26, 2022 By Spouse's 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 MGYR Stock Options Award $0 +19.6K $0.00 19.6K Aug 26, 2022 Common Stock 19.6K $12.25 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of restricted stock vest at a rate of 20% per year commencing on August 26, 2023.
F2 Stock options vest at a rate of 20% per year commencing on August 26, 2023.