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

Role
Director
Signature
/s/ John Fitzgerald, pursuant to power of attorney
Issuer symbol
MGYR
Transactions as of
26 Aug 2022
Net transactions value
$0
Form type
4
Filing time
26 Aug 2022, 18:02:23 UTC
Previous filing
14 Jul 2021
Next filing
22 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Award $0 +7,820 +24% $0.000000 40,516 26 Aug 2022 Direct F1
holding MGYR Common Stock 15,495 26 Aug 2022 By IRA
holding MGYR Common Stock 7,327 26 Aug 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 +19,550 $0.000000 19,550 26 Aug 2022 Common Stock 19,550 $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.