Magyar Bancorp, Inc.·4

Feb 13, 10:52 AM ET

Fitzgerald John S 4

Research Summary

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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.