Edward C. Stokes III - 01 May 2023 Form 4 Insider Report for Magyar Bancorp, Inc. (MGYR)

Role
Director
Signature
/s/ Jon Ansari
Issuer symbol
MGYR
Transactions as of
01 May 2023
Net transactions value
+$10,520
Form type
4
Filing time
03 May 2023, 10:42:47 UTC
Previous filing
22 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Award $10,520 +1,000 +2.5% $10.52 41,516 01 May 2023 Direct F1
holding MGYR Common Stock 692 01 May 2023 By Spouse
holding MGYR Common Stock 15,495 01 May 2023 By IRA
holding MGYR Common Stock 7,327 01 May 2023 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 01 May 2023 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.