Fitzgerald John S 4
4 · Magyar Bancorp, Inc. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Magyar Bancorp (MGYR) CEO John S. Fitzgerald Receives 100-Share Award
What Happened
John S. Fitzgerald (President, CEO and Director) was granted 100 shares (award/acquisition) on February 11, 2026, at an attributed price of $18.00 per share, a total value of $1,800. This transaction is an award/grant (code A), not a sale — typically part of executive compensation rather than an open-market purchase.
Key Details
- Transaction date: 2026-02-11; filing date: 2026-02-13 (filed two days after the transaction, which appears timely).
- Award: 100 shares at $18.00 each; total nominal value $1,800.
- Shares owned after transaction: not specified in the reported Form 4.
- Footnotes: F1 notes these include restricted stock vesting 20% per year beginning 9/22/2023; F2 notes related stock options vest at 20% per year commencing 9/22/2023.
- Transaction type: A = Award/Grant (acquisition of restricted shares).
Context
Restricted stock awards vest over time (here, 20% per year), so these shares may not be fully transferable immediately. The grant value is modest ($1.8k), and such awards are commonly part of regular executive compensation packages rather than direct signals of near-term buying or selling intent.
Insider Transaction Report
- Award
Common Stock
2026-02-11$18.00/sh+100$1,800→ 12,923 total(indirect: By IRA)
- 86,382
Common Stock
[F1] - 15,679(indirect: By ESOP)
Common Stock
- 40,487(indirect: By 401(k))
Common Stock
- 60,000
Stock Options
[F2]Exercise: $12.70From: 2023-09-22Exp: 2032-09-22→ Common Stock (60,000 underlying)
Footnotes (2)
- [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.