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Catalyst Bancorp (CLST) director LeBouef granted stock and options, lifts holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Catalyst Bancorp, Inc. director Craig C. LeBouef reported equity awards and updated holdings. On June 10, 2026, he received a grant of 1,058 shares of Common Stock at $0.00 per share as compensation, vesting 20% per year starting June 10, 2027. He also received a new stock option for 2,645 shares of Common Stock with a $15.96 exercise price, vesting 20% per year from June 10, 2027 and expiring on June 10, 2036. After these awards, he directly holds 25,580 Common shares and indirectly 10,000 shares through Craig C. LeBouef CPA LLC, plus multiple option positions that can be exercised into additional shares over time.

Positive

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Negative

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Insights

Routine director equity awards increase exposure through time-vested stock and options.

Director Craig C. LeBouef received 1,058 restricted shares and a 2,645-share stock option in June 2026. Both awards vest at 20% per year starting in 2027, tying compensation to long-term service and share performance.

He now holds 25,580 Common shares directly, 10,000 shares indirectly via an LLC, and options over tens of thousands of additional shares with exercise prices between $12.08 and $15.96, expiring between 2032 and 2036. These are standard, time-based awards rather than market trades.

Insider LeBouef Craig C.
Role null
Type Security Shares Price Value
Grant/Award Stock Option (Right to Buy) 2,645 $0.00 --
Grant/Award Common Stock 1,058 $0.00 --
holding Stock Option (Right to Buy) -- -- --
holding Stock Option (Right to Buy) -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Stock Option (Right to Buy) — 2,645 shares (Direct, null); Common Stock — 25,580 shares (Direct, null); Common Stock — 10,000 shares (Indirect, By LLC)
Footnotes (1)
  1. Represents the grant of shares pursuant to the Issuer's 2022 Recognition and Retention Plan and Trust Agreement that vest at 20% per year commencing on June 10, 2027. Includes 3,388 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 8,464 shares that commenced vesting 20% per year on September 1, 2023. Includes 847 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 1,058 shares that commenced vesting 20% per year on June 10, 2026. The 10,000 shares are held by the Craig C. LeBouef CPA LLC of which the reporting person is the sole managing member. These options are vesting at a rate of 20% per year that commenced on September 1, 2023. These options are vesting at a rate of 20% per year that commenced on June 10, 2026. These options vest at a rate of 20% per year commencing on June 10, 2027.
Restricted stock grant 1,058 shares Common Stock awarded on June 10, 2026 at $0.00 per share
New option grant size 2,645 shares Stock Option (Right to Buy) underlying Common Stock
New option exercise price $15.96/share Stock option granted June 10, 2026, expiring June 10, 2036
Direct common shares after grant 25,580 shares Common Stock directly owned following June 10, 2026 transaction
Indirect LLC-held shares 10,000 shares Common Stock held by Craig C. LeBouef CPA LLC
Option exercise price 1 $12.08/share Existing option expiring June 10, 2035 on 2,645 underlying shares
Option exercise price 2 $13.30/share Existing option expiring September 1, 2032 on 21,160 underlying shares
Vesting rate 20% per year Applies to multiple stock and option grants commencing specified dates
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)" with underlying Common Stock"
2022 Recognition and Retention Plan and Trust Agreement financial
"shares granted pursuant to the Issuer's 2022 Recognition and Retention Plan and Trust Agreement"
vesting at a rate of 20% per year financial
"These options are vesting at a rate of 20% per year that commenced"
indirect ownership financial
"The 10,000 shares are held by the Craig C. LeBouef CPA LLC"
exercise price financial
"conversion_or_exercise_price: "15.9600" for Stock Option (Right to Buy)"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
LeBouef Craig C.

(Last)(First)(Middle)
C/O CATALYST BANCORP INC
235 N COURT ST

(Street)
OPELOUSAS LOUISIANA 70570

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Catalyst Bancorp, Inc. [ CLST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/10/2026A(1)1,058A$025,580(2)(3)D
Common Stock10,000(4)IBy LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$13.3 (5)09/01/2032Common Stock21,16021,160D
Stock Option (Right to Buy)$12.08 (6)06/10/2035Common Stock2,6452,645D
Stock Option (Right to Buy)$15.9606/10/2026A2,64506/10/2027(7)06/10/2036Common Stock2,645$02,645D
Explanation of Responses:
1. Represents the grant of shares pursuant to the Issuer's 2022 Recognition and Retention Plan and Trust Agreement that vest at 20% per year commencing on June 10, 2027.
2. Includes 3,388 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 8,464 shares that commenced vesting 20% per year on September 1, 2023.
3. Includes 847 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 1,058 shares that commenced vesting 20% per year on June 10, 2026.
4. The 10,000 shares are held by the Craig C. LeBouef CPA LLC of which the reporting person is the sole managing member.
5. These options are vesting at a rate of 20% per year that commenced on September 1, 2023.
6. These options are vesting at a rate of 20% per year that commenced on June 10, 2026.
7. These options vest at a rate of 20% per year commencing on June 10, 2027.
/s/ Jutta Codori by P.O.A. for Craig C. LeBouef06/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Craig C. LeBouef receive in this Catalyst Bancorp (CLST) Form 4 filing?

He received a grant of 1,058 shares of Common Stock at no cost and a stock option for 2,645 shares. Both awards vest 20% per year beginning June 10, 2027, reflecting time-based equity compensation rather than open-market buying or selling.

How many Catalyst Bancorp (CLST) shares does Craig C. LeBouef hold after this filing?

After the reported awards, he directly holds 25,580 shares of Common Stock and indirectly 10,000 shares through Craig C. LeBouef CPA LLC. He also holds multiple stock options that, if exercised, can convert into additional Common Stock over future years.

What are the key terms of Craig C. LeBouef’s new stock option in Catalyst Bancorp (CLST)?

The new stock option covers 2,645 shares of Common Stock at a $15.96 exercise price. It vests 20% per year starting June 10, 2027, and expires June 10, 2036, giving long-term potential to acquire shares at that fixed price.

How do Craig C. LeBouef’s other Catalyst Bancorp (CLST) options reported here vest?

Existing options with $13.30 and $12.08 exercise prices vest 20% per year under earlier schedules. One began vesting September 1, 2023, and another June 10, 2026, creating staggered future vesting dates and a layered set of potential share acquisitions.

How are Craig C. LeBouef’s indirect Catalyst Bancorp (CLST) holdings structured?

The filing shows 10,000 Common shares held by Craig C. LeBouef CPA LLC. A footnote explains he is the sole managing member of this LLC, so the position is reported as an indirect ownership interest associated with the director.