Thomas Lankey - 26 Aug 2022 Form 4 Insider Report for Magyar Bancorp, Inc. (MGYR)

Role
Director
Signature
/s/ John Fitzgerald, pursuant to power of attorney
Issuer symbol
MGYR
Transactions as of
26 Aug 2022
Transactions value $
$0
Form type
4
Filing time
26 Aug 2022, 18:01:03 UTC
Previous filing
14 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Award $0 +7,820 +22.59% $0 42,435 26 Aug 2022 Direct F1
holding MGYR Common Stock 488 26 Aug 2022 By Son 1
holding MGYR Common Stock 1,099 26 Aug 2022 By Son 2

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
transaction MGYR Stock Options Award $0 +19,550 $0 19,550 26 Aug 2022 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 Shares of restricted stock 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.