Jacques L.J. Bourque - Sep 1, 2023 Form 4 Insider Report for Catalyst Bancorp, Inc. (CLST)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Jutta Codori by P.O.A. for Jacques L. J. Bourque
Stock symbol
CLST
Transactions as of
Sep 1, 2023
Transactions value $
-$1,639
Form type
4
Date filed
9/6/2023, 02:51 PM
Previous filing
Sep 8, 2022
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 -$1.64K -136 -6.8% $12.05 1.86K Sep 1, 2023 Direct F1, F2
holding CLST Common Stock 377 Sep 1, 2023 By 401(k) Plan F3
holding CLST Common Stock 591 Sep 1, 2023 By ESOP F4
holding CLST Common Stock 100 Sep 1, 2023 As Utma Custodian for Quinn Bourque
holding CLST Common Stock 100 Sep 1, 2023 As Utma Custodian for Levi Bourque

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) 5K Sep 1, 2023 Common Stock 5K $13.30 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 1,600 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 2,000 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 Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4, as of December 31, 2022.
F5 The options are vesting at a rate of 20% per year commencing on September 1, 2023.