Catalyst Bancorp director exercises 17,457 options
A Catalyst Bancorp director exercised 17,457 stock options into common shares and still holds additional options and indirect IRA and spousal share positions.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Catalyst Bancorp, Inc. (CLST) director Kleiser Kirk E. exercised stock options on September 16, 2026 to acquire 16,928 shares of common stock at an exercise price of $13.30 per share and 529 shares at $12.08 per share. After these exercises, he continues to hold stock options covering 2,645 underlying shares at an exercise price of $15.96 per share expiring June 10, 2036, as well as indirect holdings of 20,099, 4,100, and 900 common shares through his IRA and his spouse’s accounts. No Rule 10b5-1 trading plan is reported for these transactions.
Insider Trade Summary
17,457 shares exercised/converted
Exercise
8 txns
Insider
Kleiser Kirk E.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F5 | 16,928 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) F1 | 529 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2, F3, F4 | 529 | $12.08 | $6K |
| Exercise | Common Stock F5 | 16,928 | $13.30 | $225K |
| holding | Stock Option (Right to Buy) F6 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 8,993 contracts for 2,645 underlying shares (Direct);
Common Stock — 45,358 shares (Direct);
Common Stock — 20,099 shares (Indirect, By IRA);
Common Stock — 4,100 shares (Indirect, By Spouse in IRA);
Common Stock — 900 shares (Indirect, By Spouse)
Footnotes (6)
- F1. The options are vesting at a rate of 20% per year commenced on June 10, 2026. As of the date of this filing 529 options were exercised.
- F2. Includes 1,058 shares granted pursuant to the Issuer's 2022 Recognition and Retention Plan and Trust Agreement that vest at 20% per year commencing on June 10, 2027.
- F3. 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.
- F4. Includes 1,696 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.
- F5. The options are vesting at a rate of 20% per year commenced on September 1, 2023. As of the date of this filing 16,928 options were exercised.
- F6. The options vest at a rate of 20% per year commencing on June 10, 2027.
Key Figures
Options exercised at $13.30: 16,928 shares
Options exercised at $12.08: 529 shares
Total options exercised: 17,457 options
+5 more
8 metrics
Options exercised at $13.30
16,928 shares
Stock options exercised into common stock on September 16, 2026 at $13.30 per share
Options exercised at $12.08
529 shares
Stock options exercised into common stock on September 16, 2026 at $12.08 per share
Total options exercised
17,457 options
Total derivative securities converted to common stock on September 16, 2026
Remaining options exercise price
$15.96 per share
Exercise price of remaining stock options expiring June 10, 2036
Remaining options underlying shares
2,645 shares
Underlying common shares for unexercised stock options held directly
Indirect IRA holdings
20,099 shares
Common stock held indirectly by the director through an IRA after the transactions
Spouse IRA holdings
4,100 shares
Common stock held indirectly through spouse’s IRA after the transactions
Spouse holdings (non-IRA)
900 shares
Common stock held indirectly by the director through spouse after the transactions
Key Terms
Stock Option (Right to Buy), Recognition and Retention Plan and Trust Agreement, vesting at a rate of 20% per year, IRA
4 terms
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) with underlying Common Stock and stated exercise price"
Recognition and Retention Plan and Trust Agreement financial
"Includes 1,058 shares granted pursuant to the Issuer's 2022 Recognition and Retention Plan and Trust Agreement"
vesting at a rate of 20% per year financial
"The options are vesting at a rate of 20% per year commenced on June 10, 2026"
IRA financial
"Common Stock held indirectly by IRA and by Spouse in IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did the Catalyst Bancorp (CLST) director report in this Form 4?
The director reported exercising stock options on September 16, 2026 to acquire 16,928 shares of common stock at $13.30 per share and 529 shares at $12.08 per share, converting a total of 17,457 options into common shares.
At what prices were the Catalyst Bancorp (CLST) options exercised?
On September 16, 2026 the director exercised options for 16,928 shares of Catalyst Bancorp common stock at an exercise price of $13.30 per share and options for 529 shares at an exercise price of $12.08 per share.
How many Catalyst Bancorp (CLST) options does the director still hold after these exercises?
After the reported exercises, the director continues to hold stock options covering 2,645 underlying shares of Catalyst Bancorp common stock with an exercise price of $15.96 per share, vesting 20% per year and expiring on June 10, 2036.
Were the Catalyst Bancorp (CLST) option exercises made under a Rule 10b5-1 plan?
No. The filing indicates that these option exercises were not made pursuant to a Rule 10b5-1 trading plan; the document-level checkbox affirming a Rule 10b5-1 arrangement is not marked.
How many total Catalyst Bancorp (CLST) options were exercised in this Form 4?
The director exercised a total of 17,457 stock options for Catalyst Bancorp common stock on September 16, 2026, consisting of 16,928 options at a $13.30 exercise price and 529 options at a $12.08 exercise price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
