What changed in this filing

/stocks — the workspaceLOADING

Item 5. Market for Registrant’s Common Equity

2025-12-19 compared with 2024-12-19 · 35 added, 47 removed, 7 unchanged (92% of the section changed)

Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity

(a) Our shares of common stock are traded on the NASDAQ Stock Market LLC under the symbol “MGYR.”

The approximate number of holders of record of Magyar Bancorp, Inc.’s common stock as of September 30, 2024 was 575.

Certain shares

of Magyar Bancorp, Inc.

are held in “nominee” or “street” name and accordingly, the number of beneficial owners

of such shares is not known or included in the foregoing number.

The Company declared

five dividends totaling $0.26 per share paid to common shareholders during the year ended September 30, 2024.

In the future, the Company

intends to continue to pay a regular cash dividend.

In determining whether and in what amount to pay a cash dividend, the Board will continue

to take into account a number of factors, including capital requirements, our consolidated financial condition and results of operations,

tax considerations, statutory and regulatory limitations and general economic conditions.

No assurances can be given that cash dividends

will continue to be paid or that, if paid, will not be reduced.

For more information on regulatory restrictions regarding the payment

of dividends, see “Item 1- Business- Supervision and Regulation- New Jersey Banking Regulation-Dividends.”

Other than its employee

stock ownership plan, Magyar Bancorp, Inc.

for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of

Equity Securities

shares of common stock are traded on the NASDAQ Stock Market LLC under the symbol “MGYR.”

The approximate number of holders of record of Magyar Bancorp, Inc.’s common stock

as of September 30, 2025 was 503.

Certain shares of Magyar Bancorp, Inc.

are held in “nominee”

or “street” name and accordingly, the number of beneficial owners of such shares

is not known or included in the foregoing number.

Company declared five dividends totaling $0.29 per share paid to common shareholders during the year ended September 30, 2025.

future, the Company intends to continue to pay a regular quarterly cash dividend.

In determining whether and in what amount to pay a

cash dividend, the Board will continue to consider several factors, including capital requirements, our consolidated financial condition

and results of operations, tax considerations, statutory and regulatory limitations and general economic conditions.

No assurances can

be given that cash dividends will continue to be paid or that, if paid, will not be reduced.

For more information on regulatory restrictions

regarding the payment of dividends, see “Item 1- Business- Supervision and Regulation- New Jersey Banking Regulation-Dividends.”

than its employee stock ownership plan, Magyar Bancorp, Inc.

does not have any equity compensation plans that were not approved by stockholders.

The following

table sets forth information with respect to the Company’s equity compensation plans.

The following table sets forth information with respect to the Company’s equity compensation plans.

September 30, 2025

Number of securities to

be issued upon exercise

securities remaining

of outstanding options

upon exercise

of outstanding

average exercise

securities remaining

available for

September 30, 2024

issuance under plan

1 unchanged sentence

Shares of restricted stock

* Reflects exercise price of stock options only.

(b) Not applicable.

On December 8, 2022, the

Company announced an additional stock repurchase plan pursuant to which the Company intends to repurchase up to an additional 5% of its

outstanding shares, or up to 337,146 shares.

The Company had repurchased 296,736 shares at an average price of $11.92 per share through

September 30, 2024, leaving 40,410 shares remaining available for repurchase.

The Company’s intended use of the repurchased shares

is for general corporate purposes.

The timing of the repurchases will depend on certain factors including, but not limited to, market

conditions and prices, the Company’s liquidity requirements and alternative uses of capital.

The following table

reports information regarding repurchases of our common stock during the three months ended September 30, 2024.

Remaining Number

of Shares That

May be Purchased

Under the Plan

July 1, 2024 through July 31, 2024

August 1, 2024 through August 31, 2024

September 1, 2024 through September 30, 2024

exercise price of stock options only.

April 17, 2025 the Company completed its fourth stock repurchase program announced December 8, 2022, with all 337,146 shares repurchased

at an average price of $12.23.

On May 22, 2025 the Company announced the authorization of its fifth stock repurchase program pursuant

to which the Company intends to repurchase up to 5% of its outstanding shares, or up to 323,547 shares.

The Company’s intended

use of the repurchased shares is for general corporate purposes.

The timing of the repurchases will depend on certain factors including,

but not limited to, market conditions and prices, the Company’s liquidity requirements and alternative uses of capital.

held 617,797 shares of treasury stock at September 30, 2025.

Company did not repurchase any shares of its common stock during the three months ended September 30, 2025.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 5. Market for Registrant’s Common Equity