Magyar Bancorp (MGYR) EVP/CFO Jon Ansari Receives 1,019-Share Award

What Happened
Jon Ansari, EVP, Chief Financial Officer and a director of Magyar Bancorp (MGYR), was granted 1,019 shares as an award on July 30, 2026. The reported acquisition value is $19.00 per share, for a total reported value of $19,361. This was an award/grant (compensatory issuance), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-30; Report filed: 2026-08-03 (Form 4 accession 0001174947-26-000739).
• Transaction type/code: A (Award/Grant) — 1,019 shares at $19.00 per share; total value $19,361.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: These include restricted stock that vests at 20% per year beginning September 22, 2023.
  • F2: Related stock options vest at 20% per year beginning September 22, 2023 (no option exercise reported here).
• No indication in the excerpt that this filing was late; filing and transaction dates are shown above.

Context
This transaction is a compensation award of restricted stock, which generally vests over time (per F1). Such awards increase an insider’s reported holdings but are not the same as an immediate market purchase — the shares may remain subject to forfeiture or transfer restrictions until vested. The filing also notes existing option vesting terms (F2), though no option exercise occurred in this report.