Joseph B. Zanco - 01 Sep 2024 Form 4 Insider Report for Catalyst Bancorp, Inc. (CLST)

Role
PRESIDENT AND CEO, Director
Signature
/s/ Jutta Codori by P.O.A. Joseph B. Zanco
Issuer symbol
CLST
Transactions as of
01 Sep 2024
Transactions value $
-$14,132
Form type
4
Filing time
05 Sep 2024, 14:30:08 UTC
Previous filing
06 Sep 2023
Next filing
04 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLST Common Stock Tax liability -$14,132 -1,211 -4% $11.67 28,738 01 Sep 2024 Direct F1, F2
holding CLST Common Stock 15,000 01 Sep 2024 By Spouse
holding CLST Common Stock 1,689 01 Sep 2024 By 401(k) Plan F3
holding CLST Common Stock 4,466 01 Sep 2024 By ESOP F4
holding CLST Common Stock 7,426 01 Sep 2024 By IRA

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CLST Stock Option (Right to Buy) 52,900 01 Sep 2024 Common Stock 52,900 $13.3 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposition solely to meet tax obligation for distribution from stock benefit plan.
F2 Includes 12,696 shares granted pursuant to the Issuer's 2022 Recognition and Retention Plan and Trust Agreement that reflect the unvested portion of a grant amount originally covering 21,160 shares that commenced vesting 20% per year on September 1, 2023.
F3 Includes shares acquired in the Catalyst Bank 401(k) Plan since the last filed Form 4, based on a report dated August 29, 2024.
F4 Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4, as of December 31, 2023.
F5 The options are vesting at a rate of 20% per year that commenced on September 1, 2023.