Stockholders approve 2022 Equity Incentive Plan at special meeting

Magyar Bancorp, Inc.

Plan covers stock-based awards for officers, employees, and directors of Magyar Bancorp and Magyar Bank.
Vote: 4,493,279 For, 385,148 Against, 51,236 Abstentions; Plan approved at August 25, 2022 special meeting.
Plan terms described in definitive proxy statement filed July 18, 2022; Plan filed as Exhibit 10.1 to this Form 8-K.
Effective upon stockholder approval; no further implementation detail provided.
No departure or appointment of directors/officers reported alongside this approval.

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