<SEC-DOCUMENT>0001437749-24-016163.txt : 20240513
<SEC-HEADER>0001437749-24-016163.hdr.sgml : 20240513
<ACCEPTANCE-DATETIME>20240513105919
ACCESSION NUMBER:		0001437749-24-016163
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240513
DATE AS OF CHANGE:		20240513

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Magyar Bancorp, Inc.
		CENTRAL INDEX KEY:			0001337068
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		ORGANIZATION NAME:           	02 Finance
		IRS NUMBER:				204154978
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	000-51726
		FILM NUMBER:		24937529

	BUSINESS ADDRESS:	
		STREET 1:		400 SOMERSET STREET
		CITY:			NEW BRUNSWICK
		STATE:			NJ
		ZIP:			08901
		BUSINESS PHONE:		732-249-2438

	MAIL ADDRESS:	
		STREET 1:		400 SOMERSET STREET
		CITY:			NEW BRUNSWICK
		STATE:			NJ
		ZIP:			08901

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MagyarBank Charitable Foundation
		CENTRAL INDEX KEY:			0001977933
		ORGANIZATION NAME:           	
		IRS NUMBER:				204154914
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144

	BUSINESS ADDRESS:	
		STREET 1:		400 SOMERSET STREET
		CITY:			NEW BRUNSWICK
		STATE:			NJ
		ZIP:			08901
		BUSINESS PHONE:		(732) 342-7600

	MAIL ADDRESS:	
		STREET 1:		400 SOMERSET STREET
		CITY:			NEW BRUNSWICK
		STATE:			NJ
		ZIP:			08901
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>144</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001977933</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>



</filerInfo>
</headerData>
<formData>
<issuerInfo>
<issuerCik>0001337068</issuerCik>
<issuerName>Magyar Bancorp, Inc.</issuerName>
<secFileNumber>000-51726</secFileNumber>
<issuerAddress>
<com:street1>400 SOMERSET STREET</com:street1>
<com:city>NEW BRUNSWICK</com:city>
<com:stateOrCountry>NJ</com:stateOrCountry>
<com:zipCode>08901</com:zipCode>
</issuerAddress>
<issuerContactPhone>732-249-2438</issuerContactPhone>
<nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>MagyarBank Charitable Foundation (MGYR)</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
<relationshipsToIssuer>
<relationshipToIssuer>affiliate</relationshipToIssuer>
</relationshipsToIssuer>
</issuerInfo>
<securitiesInformation>
<securitiesClassTitle>Common</securitiesClassTitle>
<brokerOrMarketmakerDetails>
<name>Keefe, Bruyette &amp; Woods, Inc.</name>
<address>
<com:street1>787 Seventh Ave</com:street1>
<com:street2>4th Fl</com:street2>
<com:city>New York</com:city>
<com:stateOrCountry>NY</com:stateOrCountry>
<com:zipCode>10019</com:zipCode>
</address>
</brokerOrMarketmakerDetails>
<noOfUnitsSold>10025</noOfUnitsSold>
<aggregateMarketValue>110776.00</aggregateMarketValue>
<noOfUnitsOutstanding>6593860</noOfUnitsOutstanding>
<approxSaleDate>05/06/2024</approxSaleDate>
<securitiesExchangeName>NASDAQ</securitiesExchangeName>
</securitiesInformation>
<securitiesToBeSold>
<securitiesClassTitle>Common</securitiesClassTitle>
<acquiredDate>01/23/2006</acquiredDate>
<natureOfAcquisitionTransaction>Gift</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Magyar Bancorp, Inc.</nameOfPersonfromWhomAcquired>
<isGiftTransaction>Y</isGiftTransaction>
<donarAcquiredDate>01/23/2006</donarAcquiredDate>
<amountOfSecuritiesAcquired>104742</amountOfSecuritiesAcquired>
<paymentDate>01/23/2006</paymentDate>
<natureOfPayment>Not Applicable</natureOfPayment>
</securitiesToBeSold>
<nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
<securitiesSoldInPast3Months>
<sellerDetails>
<name>MagyarBank Charitable Foundation</name>
<address>
<com:street1>400 Somerset St</com:street1>
<com:city>New Brunswick</com:city>
<com:stateOrCountry>NJ</com:stateOrCountry>
<com:zipCode>08901</com:zipCode>
</address>
</sellerDetails>
<securitiesClassTitle>Common</securitiesClassTitle>
<saleDate>05/07/2024</saleDate>
<amountOfSecuritiesSold>1148</amountOfSecuritiesSold>
<grossProceeds>12695.00</grossProceeds>
</securitiesSoldInPast3Months>
<securitiesSoldInPast3Months>
<sellerDetails>
<name>MagyarBank Charitable Foundation</name>
<address>
<com:street1>400 Somerset St</com:street1>
<com:city>New Brunswick</com:city>
<com:stateOrCountry>NJ</com:stateOrCountry>
<com:zipCode>08901</com:zipCode>
</address>
</sellerDetails>
<securitiesClassTitle>Common</securitiesClassTitle>
<saleDate>05/08/2024</saleDate>
<amountOfSecuritiesSold>1050</amountOfSecuritiesSold>
<grossProceeds>11493.00</grossProceeds>
</securitiesSoldInPast3Months>
<noticeSignature>
<noticeDate>05/13/2024</noticeDate>
<signature>/s/ John Reissner</signature>
</noticeSignature>
</formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
