Maureen Ruane, a director of Magyar Bancorp, has just filed an initial statement of beneficial ownership where 0 shares of Magyar Bancorp were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Ruane. Ruane operates out of New Brunswick, NJ.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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