Joseph B. Zanco - Sep 1, 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
Stock symbol
CLST
Transactions as of
Sep 1, 2023
Transactions value $
-$14,593
Form type
4
Date filed
9/6/2023, 02:49 PM
Previous filing
May 12, 2023
Next filing
Sep 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLST Common Stock Tax liability -$14.6K -1.21K -3.89% $12.05 29.9K Sep 1, 2023 Direct F1, F2
holding CLST Common Stock 15K Sep 1, 2023 By Spouse
holding CLST Common Stock 980 Sep 1, 2023 By 401(k) Plan F3
holding CLST Common Stock 2.47K Sep 1, 2023 By ESOP
holding CLST Common Stock 7.43K Sep 1, 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) 52.9K Sep 1, 2023 Common Stock 52.9K $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.