---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-21-000352"
form_type: "8-K"
ticker: "MGYR"
cik: "0001337068"
company_name: "Magyar Bancorp, Inc."
filed_at: "2021-07-14T23:59:59+00:00"
generated_at: "2026-06-30T05:21:03.236730+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Magyar Bancorp completes conversion to stock holding company; ~7.1M shares outstanding

## Summary
- Conversion from mutual holding company to stock holding company effective after close on July 14, 2021.
- Approximately 7,098,070 shares of common stock outstanding post-conversion (before fractional share adjustments).
- Stock continues to trade on Nasdaq Global Market under symbol MGYR.
- Subscription offering allocations and refund checks processed; DRS book-entry statements to be mailed by AST.

## SEC filing metadata
- accession: 0000943374-21-000352
- form_type: 8-K
- ticker: MGYR
- cik: 0001337068
- company_name: Magyar Bancorp, Inc.
- filed_at: 2021-07-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1337068/000094337421000352/0000943374-21-000352-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1337068/000094337421000352/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-21-000352
- JSON: https://secwatch.observer/filing/0000943374-21-000352.json
- Plain text: https://secwatch.observer/filing/0000943374-21-000352.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.