Jon Ansari - 30 Jan 2024 Form 4 Insider Report for Magyar Bancorp, Inc. (MGYR)

Signature
/s/ John S. Fitzgerald
Issuer symbol
MGYR
Transactions as of
30 Jan 2024
Transactions value $
$11,440
Form type
4
Filing time
31 Jan 2024, 15:27:17 UTC
Previous filing
13 Nov 2023
Next filing
31 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Award $11,440 +1,000 +1.37% $11.44 74,205 30 Jan 2024 Direct F1
holding MGYR Common Stock 2,102 30 Jan 2024 By Spouse's IRA
holding MGYR Common Stock 14,485 30 Jan 2024 By ESOP
holding MGYR Common Stock 24,467 30 Jan 2024 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 30 Jan 2024 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.