---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-23-000230"
form_type: "8-K"
ticker: "MGYR"
cik: "0001337068"
company_name: "Magyar Bancorp, Inc."
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T06:41:07.743848+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Magyar Bancorp announces results of 2023 Annual Meeting; directors elected and auditor ratified

## Summary
- Susan Eisenhauer elected with 3,687,846 votes for, 234,069 withheld, 1,123,261 broker non-votes.
- Maureen Ruane elected with 3,424,614 votes for, 483,301 withheld, 1,137,261 broker non-votes.
- Edward C. Stokes, III elected with 3,196,699 votes for, 711,216 withheld, 1,137,261 broker non-votes.
- Ratification of RSM US LLP as auditor approved with 4,992,579 votes for, 40,100 against, 12,497 abstentions.

## SEC filing metadata
- accession: 0001174947-23-000230
- form_type: 8-K
- ticker: MGYR
- cik: 0001337068
- company_name: Magyar Bancorp, Inc.
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1337068/000117494723000230/0001174947-23-000230-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1337068/000117494723000230/form8k-29459_mgyr.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-23-000230
- JSON: https://secwatch.observer/filing/0001174947-23-000230.json
- Plain text: https://secwatch.observer/filing/0001174947-23-000230.txt

## Key facts
- Shareholder Votes
  Magyar Bancorp, Inc. shareholders approved Ratification of the appointment of RSM US LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2023 at the 2023-02-16 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-02-16
  source text: Matter 2. The ratification of the appointment of RSM US LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1337068/000117494723000230/0001174947-23-000230-index.htm
- Shareholder Votes
  Magyar Bancorp, Inc. shareholders approved Election of Susan Eisenhauer, Maureen Ruane and Edward C. Stokes, III as directors at the 2023-02-16 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-02-16
  source text: Matter 1. The election of Susan Eisenhauer, Maureen Ruane and Edward C. Stokes, III as directors of the Company, each to serve a three-year term and until his or her successor is elected and qualified.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1337068/000117494723000230/0001174947-23-000230-index.htm

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