Magyar Bancorp (MGYR) Director Andrew Hodulik Receives 200 Shares

What Happened Andrew G. Hodulik, a director of Magyar Bancorp (MGYR), was reported as acquiring 200 shares on 2026-08-28 through an award/grant (transaction code A) at $19.30 per share, for a total reported value of $3,860. The Form 4 also reports a prior 2022 derivative grant of 19,550 shares shown at $0.00 (a non-cash award/derivative from 2022).

Key Details

• Transaction dates and prices:
  • 2026-08-28: Award/acquisition of 200 shares at $19.30 ($3,860).
  • 2022-08-26: Derivative acquisition of 19,550 shares reported at $0.00 (grant).
• Shares owned after the transaction: Not specified in the Form 4 filing.
• Footnotes:
  • F1: Includes restricted stock that vests at 20% per year beginning August 25, 2023.
  • F2: Stock options vest at 20% per year beginning August 25, 2023.
• Timeliness: The report lists the period ending 2026-08-28 and was filed 2026-08-28; the filing does not indicate a late report.

Context

• This was an award/grant (not an open-market purchase or sale), so it reflects compensation/long-term incentive rather than a direct market buy signal. The 2022 grant is recorded as a derivative grant (restricted stock or options) and is subject to multi-year vesting (20% per year), so those shares/options may not be freely tradable yet.