Magyar Bancorp (MGYR) CEO reports small IRA share award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Magyar Bancorp, Inc. President and CEO John S. Fitzgerald reported an indirect acquisition of 100 shares of common stock on 02/11/2026. The shares were acquired at $18 per share and are held in an IRA, bringing that IRA position to 12,923 shares.
In addition to the IRA holdings, he reports 86,382 shares of common stock held directly, 15,679 shares held through an ESOP, and 40,487 shares held in a 401(k). He also holds stock options on 60,000 shares, which vest 20% per year starting on September 22, 2023 and expire on September 22, 2032.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Fitzgerald John S
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 100 | $18.00 | $2K |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,923 shares (Indirect, By IRA);
Stock Options — 60,000 shares (Direct);
Common Stock — 86,382 shares (Direct)
Footnotes (1)
- Includes shares of restricted stock which vest at a rate of 20% per year commencing on September 22, 2023. Stock options vest at a rate of 20% per year commencing on September 22, 2023.
FAQ
What insider transaction did MGYR’s CEO report on February 11, 2026?
Magyar Bancorp’s President and CEO John S. Fitzgerald reported acquiring 100 shares of common stock on February 11, 2026. The shares were acquired at $18 each and are held indirectly in an IRA account associated with him.
Is the February 11, 2026 MGYR insider transaction a purchase or an award?
The transaction is coded as an acquisition under code “A,” described as a grant, award, or other acquisition. The filing shows 100 Magyar Bancorp shares added at $18 per share to an IRA, without specifying open-market buying.
What is John S. Fitzgerald’s role at Magyar Bancorp (MGYR)?
John S. Fitzgerald is both a director and the President and Chief Executive Officer of Magyar Bancorp, Inc. His dual role is disclosed alongside his various direct and indirect holdings of the company’s common stock and stock options.