John S. Fitzgerald - 07 Nov 2023 Form 4 Insider Report for Magyar Bancorp, Inc. (MGYR)

Role
President and CEO, Director
Signature
/s/ Jon Ansari, Pursuant to Power of Attorney
Issuer symbol
MGYR
Transactions as of
07 Nov 2023
Net transactions value
+$9,980
Form type
4
Filing time
08 Nov 2023, 09:33:58 UTC
Previous filing
11 Sep 2023
Next filing
22 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 $9,980 +1,000 +1.2% $9.98 82,456 07 Nov 2023 Direct F1
holding MGYR Common Stock 13,976 07 Nov 2023 By ESOP
holding MGYR Common Stock 12,823 07 Nov 2023 By IRA
holding MGYR Common Stock 37,702 07 Nov 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 60,000 07 Nov 2023 Common Stock 60,000 $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.