Magyar Bancorp (MGYR) director Maureen Ruane receives 938-share stock grant

Rhea-AI Filing Summary

Ruane Maureen reported acquisition or exercise transactions in this Form 4 filing.

Magyar Bancorp, Inc. director Maureen Ruane reported receiving a grant of 938 shares of Common Stock at $17.26 per share. This was a compensation-related award rather than an open-market purchase. Following the grant, she directly holds a total of 6,092 Common Stock shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ruane Maureen

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	938	$17.26	$16K

Holdings After Transaction: Common Stock — 6,092 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 938 shares Grant price per share: $17.26 per share Total shares after transaction: 6,092 shares +1 more

4 metrics

Shares granted 938 shares Compensation-related grant of Common Stock

Grant price per share $17.26 per share Reported value for the 938-share award

Total shares after transaction 6,092 shares Director’s direct Common Stock holdings post-grant

Transaction type Grant, award, or other acquisition Form 4 code A, compensation-related acquisition

Key Terms

Common Stock, Grant, award, or other acquisition, Form 4

3 terms

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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^*

Ruane Maureen

(Last) (First) (Middle)

400 SOMERSET STREET

(Street)

NEW BRUNSWICK NEW JERSEY 08901

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

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

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

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

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	05/28/2026		A		938	A	$17.26	6,092	D

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

Explanation of Responses:

	/s/ John Reissner	05/28/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Maureen Ruane report at Magyar Bancorp (MGYR)?

Maureen Ruane reported receiving a grant of 938 Magyar Bancorp Common Stock shares. The award was recorded at $17.26 per share and classified as a grant, award, or other acquisition, indicating it was compensation-related rather than an open-market stock purchase.

Was Maureen Ruane’s MGYR transaction a stock purchase or a compensation grant?

The transaction was a compensation grant, not an open-market purchase. It is coded as a grant, award, or other acquisition, meaning the 938 Common Stock shares at $17.26 per share were awarded to her as part of compensation instead of being bought in the market.

How many Magyar Bancorp (MGYR) shares does Maureen Ruane hold after this grant?

After the reported grant, Maureen Ruane directly holds 6,092 Magyar Bancorp Common Stock shares. This total includes the newly awarded 938 shares and reflects her direct ownership position immediately following the compensation-related acquisition disclosed in the Form 4 filing.

What was the price associated with Maureen Ruane’s MGYR stock award?

The 938-share grant to Maureen Ruane was recorded at $17.26 per Magyar Bancorp Common Stock share. This price is used for reporting the value of the compensation-related award on the Form 4 and does not necessarily indicate an open-market trade at that price.

Does Maureen Ruane’s Form 4 for MGYR show any stock sales?

The Form 4 does not show any stock sales by Maureen Ruane. It reports a single acquisition transaction coded as a grant, award, or other acquisition, reflecting a 938-share compensation grant and increasing her direct holdings to 6,092 Common Stock shares.