Joseph B. Zanco - 01 Sep 2023 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 2023
Net transactions value: -$14,593
Form type: 4
Filing time: 06 Sep 2023, 14:49:01 UTC
Previous filing: 12 May 2023
Next filing: 05 Sep 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	$14,593	-1,211	-3.9%	$12.05	29,949	01 Sep 2023	Direct	F1, F2
holding	CLST	Common Stock						15,000	01 Sep 2023	By Spouse
holding	CLST	Common Stock						980	01 Sep 2023	By 401(k) Plan	F3
holding	CLST	Common Stock						2,467	01 Sep 2023	By ESOP
holding	CLST	Common Stock						7,426	01 Sep 2023	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 2023	Common Stock	52,900	$13.30	Direct	F4

* 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 16,928 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 30, 2023.
F4	The options are vesting at a rate of 20% per year commencing on September 1, 2023.