---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-25-000216"
form_type: "8-K"
ticker: "MGYR"
cik: "0001337068"
company_name: "Magyar Bancorp, Inc."
filed_at: "2025-02-24T23:59:59+00:00"
generated_at: "2026-05-26T05:32:34.703164+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Magyar Bancorp stockholders elect three directors, approve advisory say-on-pay, ratify auditor

## Summary
- Elected John S. Fitzgerald (3,678,006 for), Thomas Lankey (2,958,590), and Joseph A. Yelencsics (3,020,782) to three-year terms.
- Advisory vote on say-on-pay frequency: one year selected (2,967,026 votes, with 706,693 for three years).
- Advisory resolution approving named executive officer compensation passed (3,587,725 for, 181,891 against).
- Ratified S.R. Snodgrass, P.C. as independent auditor for fiscal year ending September 30, 2025 (4,900,184 for, 81,237 against).

## SEC filing metadata
- accession: 0001174947-25-000216
- form_type: 8-K
- ticker: MGYR
- cik: 0001337068
- company_name: Magyar Bancorp, Inc.
- filed_at: 2025-02-24T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1337068/000117494725000216/0001174947-25-000216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1337068/000117494725000216/form8k-33647_mgyr.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-25-000216
- JSON: https://secwatch.observer/filing/0001174947-25-000216.json
- Plain text: https://secwatch.observer/filing/0001174947-25-000216.txt

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