Edward C. Stokes III - Dec 21, 2022 Form 4 Insider Report for Magyar Bancorp, Inc. (MGYR)

Role
Director
Signature
/s/ Jon Ansari, pursuant to power of attorney
Stock symbol
MGYR
Transactions as of
Dec 21, 2022
Transactions value $
$0
Form type
4
Date filed
12/22/2022, 02:54 PM
Previous filing
Aug 26, 2022
Next filing
May 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Will/Inheritance $0 +692 $0.00 692 Dec 21, 2022 By Spouse
holding MGYR Common Stock 40.5K Dec 21, 2022 Direct F1
holding MGYR Common Stock 15.5K Dec 21, 2022 By IRA
holding MGYR Common Stock 7.33K Dec 21, 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
holding MGYR Stock Options 19.6K Dec 21, 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 Includes shares of restricted stock which 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.