Jon Ansari - 14 Aug 2023 Form 4 Insider Report for Magyar Bancorp, Inc. (MGYR)

Role: EVP and CFO, Director
Signature: /s/ John S. Fitzgerald, Pursuant to Power of Attorney
Issuer symbol: MGYR
Transactions as of: 14 Aug 2023
Transactions value $: $6,110
Form type: 4
Filing time: 16 Aug 2023, 10:22:52 UTC
Previous filing: 30 May 2023
Next filing: 13 Nov 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	Award	$6,110	+550	+0.76%	$11.11	72,705	14 Aug 2023	Direct	F1
holding	MGYR	Common Stock						2,102	14 Aug 2023	By Spouse's IRA
holding	MGYR	Common Stock						13,896	14 Aug 2023	By ESOP
holding	MGYR	Common Stock						24,020	14 Aug 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	14 Aug 2023	Common Stock	40,000	$12.70	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.