Thomas Lankey, a director of Magyar Bancorp, recently acquired 7,820 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on August 26, 2022. Lankey now owns 44,022 shares of the company. Lankey operates out of New Brunswick, NJ. Some additional info was provided as follows:
Shares of restricted stock vest at a rate of 20% per year commencing on August 26, 2023.
Stock options vest at a rate of 20% per year commencing on August 26, 2023.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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