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

Role: Director
Signature: /s/ Jon Ansari, pursuant to power of attorney
Issuer symbol: MGYR
Transactions as of: 21 Dec 2022
Net transactions value: $0
Form type: 4
Filing time: 22 Dec 2022, 14:54:48 UTC
Previous filing: 26 Aug 2022
Next filing: 03 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MGYR	Common Stock	Will/Inheritance	$0	+692		$0.000000	692	21 Dec 2022	By Spouse
holding	MGYR	Common Stock						40,516	21 Dec 2022	Direct	F1
holding	MGYR	Common Stock						15,495	21 Dec 2022	By IRA
holding	MGYR	Common Stock						7,327	21 Dec 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						19,550	21 Dec 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	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.