STOCK TITAN

Catalyst Bancorp (CLST) CFO awarded shares, options and reports tax withholding

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

Rhea-AI Filing Summary

Catalyst Bancorp, Inc. chief financial officer Jacques L.J. Bourque reported compensation-related stock activity. He received a grant of 1,000 shares of common stock and a grant of stock options for 2,000 shares at an exercise price of $15.96 per share, both at no cost to him.

To cover related tax obligations, 131 shares were disposed of at $15.96 per share. After these transactions, he directly holds 4,466 common shares and has stock options covering 4,000 shares at $12.08 per share expiring on June 10, 2035, 5,000 shares at $13.30 per share expiring on September 1, 2032, and 2,000 shares at $15.96 per share expiring on June 10, 2036.

He also has indirect ownership of common stock, including 100 shares as UTMA custodian for each of Levi and Quinn Bourque, 2,793.2688 shares through the ESOP, and 826.6889 shares through the 401(k) plan, reflecting allocations since the prior Form 4.

Positive

  • None.

Negative

  • None.

Insights

Catalyst Bancorp CFO reports routine equity awards and tax withholding.

The disclosure shows Jacques L.J. Bourque receiving 1,000 restricted shares and options on 2,000 shares at $15.96 per share, alongside a 131-share tax-withholding disposition at $15.96. These are standard compensation and payroll-tax mechanics, not open‑market trades.

Post‑transaction, he directly holds 4,466 common shares and options tied to 11,000 shares across three strike prices expiring between 2032 and 2036. Additional indirect holdings via ESOP, 401(k), and custodial accounts indicate broader exposure but all within benefit and savings plans.

Because there are no open‑market purchases or sales and the net share change is modest relative to his total reported exposure, this filing is best viewed as routine equity compensation reporting rather than a directional signal about the company’s prospects.

Insider Bourque Jacques L.J.
Role CHIEF FINANCIAL OFFICER
Type Security Shares Price Value
Grant/Award Stock Option (Right to Buy) 2,000 $0.00 --
Tax Withholding Common Stock 131 $15.96 $2K
Grant/Award Common Stock 1,000 $0.00 --
holding Stock Option (Right to Buy) -- -- --
holding Stock Option (Right to Buy) -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Stock Option (Right to Buy) — 2,000 shares (Direct, null); Common Stock — 4,466 shares (Direct, null); Common Stock — 826.689 shares (Indirect, By 401(k) Plan)
Footnotes (1)
  1. Disposition solely to meet tax obligation for distribution from stock benefit plan. 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 June 10, 2026. Includes 800 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. 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 shares acquired in the Catalyst Bank 401(k) Plan since the last filed Form 4, based on a report dated June 4, 2026. Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4, as of December 31, 2025. 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. The options vest at a rate of 20% per year commencing on June 10, 2027.
Restricted stock grant 1,000 shares Common stock awarded to CFO on June 10, 2026
New option grant 2,000 shares at $15.96 Stock options granted, expiring June 10, 2036
Tax-withholding shares 131 shares at $15.96 Shares disposed to meet tax obligations
Direct common shares held 4,466 shares Direct ownership after reported transactions
Options at $12.08 4,000 underlying shares Stock options expiring June 10, 2035
Options at $13.30 5,000 underlying shares Stock options expiring September 1, 2032
ESOP indirect shares 2,793.2688 shares Allocated to CFO’s ESOP account as of December 31, 2025
401(k) indirect shares 826.6889 shares Held in Catalyst Bank 401(k) Plan per June 4, 2026 report
2022 Recognition and Retention Plan and Trust Agreement financial
"Represents the grant of shares pursuant to the Issuer's 2022 Recognition and Retention Plan and Trust Agreement that vest at 20% per year"
ESOP financial
"Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
401(k) Plan financial
"Includes shares acquired in the Catalyst Bank 401(k) Plan since the last filed Form 4"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) with underlying security title Common Stock"
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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*
Bourque Jacques L.J.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF FINANCIAL OFFICER
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 Stock06/10/2026F(1)131D$15.964,466(2)(3)D
Common Stock06/10/2026A(4)1,000A$04,597(2)(3)D
Common Stock826.6889(5)IBy 401(k) Plan
Common Stock2,793.2688(6)IBy ESOP
Common Stock100IAs Utma Custodian for Quinn Bourque
Common Stock100IAs Utma Custodian for Levi Bourque
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 (7)09/01/2032Common Stock5,0005,000D
Stock Option (Right to Buy)$12.08 (8)06/10/2035Common Stock4,0004,000D
Stock Option (Right to Buy)$15.9606/10/2026A2,00006/10/2027(9)06/10/2036Common Stock2,000$02,000D
Explanation of Responses:
1. Disposition solely to meet tax obligation for distribution from stock benefit plan.
2. 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 June 10, 2026.
3. Includes 800 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.
4. 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.
5. Includes shares acquired in the Catalyst Bank 401(k) Plan since the last filed Form 4, based on a report dated June 4, 2026.
6. Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4, as of December 31, 2025.
7. These options are vesting at a rate of 20% per year that commenced on September 1, 2023.
8. These options are vesting at a rate of 20% per year that commenced on June 10, 2026.
9. The options vest at a rate of 20% per year commencing on June 10, 2027.
/s/ Jutta Codori by P.O.A. for Jacques L. J. Bourque06/12/2026
** 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 equity awards did Catalyst Bancorp (CLST) CFO Jacques Bourque receive?

Jacques Bourque received a grant of 1,000 Catalyst Bancorp common shares and stock options for 2,000 shares at an exercise price of $15.96. These awards are part of the company’s 2022 Recognition and Retention Plan and vest 20% per year starting June 10, 2027.

Did the Catalyst Bancorp (CLST) CFO sell any shares in this Form 4?

The Form 4 shows a 131‑share disposition at $15.96, explicitly described as meeting tax obligations for a stock benefit plan distribution. This is tax withholding, not an open‑market sale, and does not represent a discretionary trade based on the CFO’s market outlook.

How many Catalyst Bancorp (CLST) shares does the CFO hold after the reported transactions?

After the reported transactions, the CFO directly holds 4,466 Catalyst Bancorp common shares. He also has indirect holdings through custodial accounts for Levi and Quinn Bourque, an ESOP allocation, and a 401(k) plan, plus stock options covering additional common shares at specified exercise prices.

What stock option positions does the Catalyst Bancorp (CLST) CFO have outstanding?

The CFO holds options tied to 11,000 Catalyst Bancorp shares: 4,000 at a $12.08 exercise price expiring June 10, 2035; 5,000 at $13.30 expiring September 1, 2032; and 2,000 at $15.96 expiring June 10, 2036. All are reported as directly owned.

What indirect Catalyst Bancorp (CLST) holdings does the CFO report in this Form 4?

Indirectly, the CFO reports 100 shares as UTMA custodian for Levi Bourque, 100 shares as custodian for Quinn Bourque, 2,793.2688 shares through the ESOP, and 826.6889 shares through the Catalyst Bank 401(k) Plan. These reflect allocations since the last Form 4 filing.