John S. Fitzgerald - 14 Jul 2021 Form 4 Insider Report for Magyar Bancorp, Inc. (MGYR)

Signature
/s/ Jon R. Ansari
Issuer symbol
MGYR
Transactions as of
14 Jul 2021
Net transactions value
+$400,000
Form type
4
Filing time
14 Jul 2021, 16:32:13 UTC
Next filing
18 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Award $300,000 +30,000 +484% $10.00 36,202 14 Jul 2021 By 401(k) F1
transaction MGYR Common Stock Award $100,000 +10,000 +28% $10.00 46,336 14 Jul 2021 Direct F1
holding MGYR Common Stock 13,535 14 Jul 2021 By ESOP F1
holding MGYR Common Stock 12,823 14 Jul 2021 By IRA F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a 1.2213-to-1.00 stock exchange in connection with the Company's mutual to stock conversion.