Form 4: Magyar Bancorp Director Lombardi Acquires and Disposes of Shares
SEC Filing
Director Michael R. Lombardi reports transactions involving Magyar Bancorp, Inc. common stock on February 14, 2025.
Summary
- On February 14, 2025, Michael R. Lombardi, a director of Magyar Bancorp, Inc., engaged in transactions involving the company's common stock.
- Lombardi acquired 134 shares at $14.4187 per share and 316 shares at $14.55 per share.
- Simultaneously, Lombardi disposed of 134 shares and 450 shares.
- The transactions were reported on Form 4, filed with the SEC on February 18, 2025.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure of stock transactions by a company insider, as required by SEC regulations.
Stakeholder Impact
- Shareholders are informed of insider trading activity, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of stock transactions (acquisition and disposition). |
| 02/18/2025 | Date of Form 4 filing. |
Keywords
Form 4, Magyar Bancorp, Director, Lombardi, Stock Transactions, Beneficial Ownership, SEC
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