CLST launches sixth share repurchase plan for up to 205,000 shares

Rhea-AI Filing Summary

Catalyst Bancorp, Inc. reported that its Board of Directors approved a sixth share repurchase program, called the November 2025 Repurchase Plan. Under this plan, the company may buy back up to 205,000 shares of its common stock, which is approximately 5% of its outstanding shares. Repurchases may occur in open-market trades or privately negotiated transactions, depending on market conditions and other factors.

The new authorization is in addition to the company’s fifth repurchase plan announced in November 2024. As of the date of this report, 18,183 shares were still available to be repurchased under that earlier plan, so the company now has two active authorizations for buying back its stock.

Insights

Bank equity and capital management analyst

Catalyst Bancorp adds a sixth buyback plan for up to 205,000 shares.

Catalyst Bancorp has authorized the November 2025 Repurchase Plan to repurchase up to 205,000 common shares, about 5% of shares outstanding. The company can execute these repurchases through open-market purchases or privately negotiated deals, giving flexibility in how and when shares are acquired.

This new authorization sits alongside the November 2024 Repurchase Plan, which still has 18,183 shares available for repurchase as of the report date. Together, the plans outline a defined capacity for buybacks but do not require the company to use the full amounts, since activity will depend on market conditions and other factors.

Investors can look to future disclosures for details on actual repurchase activity under both the November 2024 and November 2025 plans, including how many shares are ultimately bought and at what cost.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

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Washington, D.C. 20549

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FORM 8-K

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CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

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Date of Report (Date of earliest event reported)	November 20, 2025

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Catalyst Bancorp, Inc.

(Exact name of registrant as specified in its charter)

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Louisiana	001-40893	86-2411762
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
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235 N. Court Street, Opelousas, Louisiana	70570
(Address of principal executive offices)	(Zip Code)

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Registrant’s telephone number, including area code	(337) 948-3033

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Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

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☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ​

Securities registered pursuant to Section 12(b) of the Act:

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Title of each Class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock	CLST	Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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ITEM 8.01 Other Events

On November 20, 2025, Catalyst Bancorp, Inc. (the “Company”) announced that its Board of Directors approved the Company’s sixth share repurchase program (the “November 2025 Repurchase Plan”). Under the November 2025 Repurchase Plan, the Company may purchase up to 205,000 shares, or approximately 5%, of the Company's outstanding common stock. The shares may be purchased in the open market or in privately-negotiated transactions from time to time depending upon market conditions and other factors. Any shares repurchased under the November 2025 Repurchase Plan are in addition to any repurchases still to be made under the Company’s fifth share repurchase plan announced on November 25, 2024 (the “November 2024 Repurchase Plan”). As of the date of this Current Report on Form 8-K, 18,183 shares were still available for repurchase under the November 2024 Repurchase Plan.

For additional information, reference is made to the Press Release attached hereto as Exhibit 99.1, which is incorporated herein by reference. The Press Release attached hereto as an exhibit is being furnished to the SEC and shall not be deemed to be “filed” for any purpose except as otherwise provided herein.

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ITEM 9.01 Financial Statements and Exhibits

(d) Exhibits

The following exhibits are included herein:

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Exhibit Number	​	Description
99.1	​	Press Release, dated November 20, 2025
104	​	Cover Page Interactive Data File. Embedded within the Inline XBRL document.

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Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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​	​	​	CATALYST BANCORP, INC.
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Date:	November 21, 2025	​	By:	/s/ Joseph B. Zanco
​	​	​	​	Joseph B. Zanco
​	​	​	​	President and Chief Executive Officer

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FAQ

What did Catalyst Bancorp (CLST) announce in this 8-K?

Catalyst Bancorp announced that its Board of Directors approved a sixth share repurchase program, called the November 2025 Repurchase Plan, authorizing buybacks of its common stock.

How many shares can Catalyst Bancorp repurchase under the November 2025 plan?

Under the November 2025 Repurchase Plan, Catalyst Bancorp may repurchase up to 205,000 shares of its common stock, which is approximately 5% of its outstanding shares.

How does the new November 2025 Repurchase Plan relate to the November 2024 plan for CLST?

The November 2025 Repurchase Plan is in addition to the November 2024 Repurchase Plan. As of the date of the report, 18,183 shares were still available for repurchase under the November 2024 plan.

How will Catalyst Bancorp execute share repurchases under the new plan?

The company may repurchase shares in the open market or through privately negotiated transactions, depending on market conditions and other factors.

Does this 8-K include financial statements for Catalyst Bancorp?

No financial statements are included. The 8-K focuses on the approval of the November 2025 Repurchase Plan and references a press release attached as Exhibit 99.1.

Where can investors find more details about Catalyst Bancorps repurchase announcement?

Additional information is provided in the press release dated November 20, 2025, which is attached as Exhibit 99.1 and incorporated by reference.