Magyar Bancorp (MGYR) CEO reports small IRA share award

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Fitzgerald John S

(Last) (First) (Middle)

400 SOMERSET STREET

(Street)

NEW BRUNSWICK NJ 08901

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Magyar Bancorp, Inc. [ MGYR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/11/2026		A		100	A	$18	12,923	I	By IRA
Common Stock								86,382(1)	D
Common Stock								15,679	I	By ESOP
Common Stock								40,487	I	By 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	$12.7							09/22/2023	09/22/2032	Common Stock	60,000(2)		60,000(2)	D

Explanation of Responses:

1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on September 22, 2023.

2. Stock options vest at a rate of 20% per year commencing on September 22, 2023.

	/s/ Jon Ansari	02/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many Magyar Bancorp (MGYR) shares does the CEO now hold in his IRA?

After the reported transaction, John S. Fitzgerald’s IRA holds 12,923 shares of Magyar Bancorp common stock. This reflects the addition of 100 shares acquired at $18 per share on February 11, 2026, as disclosed in the filing.

What other MGYR share holdings does the CEO report besides his IRA?

Beyond the IRA, John S. Fitzgerald reports 86,382 shares of Magyar Bancorp common stock held directly, 15,679 shares held through an ESOP, and 40,487 shares held in a 401(k). These positions reflect various forms of beneficial ownership.

What stock options on MGYR shares does the CEO hold?

John S. Fitzgerald holds stock options covering 60,000 shares of Magyar Bancorp common stock. These options vest at 20% per year starting September 22, 2023, and are scheduled to expire on September 22, 2032, according to the disclosure.

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.