Jon Ansari - 10 Mar 2023 Form 4 Insider Report for Magyar Bancorp, Inc. (MGYR)

Signature
/s/ John S. Fitzgerald
Issuer symbol
MGYR
Transactions as of
10 Mar 2023
Transactions value $
$3,558
Form type
4
Filing time
13 Mar 2023, 16:34:12 UTC
Previous filing
26 Sep 2022
Next filing
28 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Award $3,558 +300 +0.42% $11.86 71,155 10 Mar 2023 Direct F1
holding MGYR Common Stock 2,102 10 Mar 2023 By Spouse's IRA
holding MGYR Common Stock 13,896 10 Mar 2023 By ESOP
holding MGYR Common Stock 24,017 10 Mar 2023 By 401(k)

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 40,000 10 Mar 2023 Common Stock 40,000 $12.7 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 September 22, 2023.
F2 Stock options vest at a rate of 20% per year commencing on September 22, 2023.