Fitzgerald John S 4

What Happened
John S. Fitzgerald, President & CEO and a director of Magyar Bancorp (MGYR), was awarded 44 shares on February 19, 2026. The grant is reported at $18.00 per share, a total value of $792. This was an award/grant (SEC transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-19; Filing date: 2026-02-20 (timely filing).
• Price reported: $18.00 per share; total value: $792.
• Shares acquired: 44 restricted shares.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote F1: These include restricted stock that vests at 20% per year beginning Sept 22, 2023 (i.e., a 5-year vesting schedule).
• Footnote F2: Notes that stock options (if any) vest at 20% per year from the same date (not directly tied to this award).
• Transaction type: Award/grant (code A); not a sale or market purchase.

Context
This was an internal equity award as part of compensation rather than a market transaction. Because the shares are restricted and vest over time, they are not immediately freely tradable. Awards are common for executives and do not, by themselves, indicate a buying or selling decision in the market.