Catalyst Bancorp (CLST) director granted shares and stock options in new awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Catalyst Bancorp director Ted D. Bellard reported new equity compensation awards. He received 1,058 shares of common stock at no cost and a stock option for 2,645 shares at an exercise price of $15.95 per share, both vesting 20% per year starting on June 10, 2027.
Following these awards, he holds 35,402 common shares directly and 10,000 shares indirectly through his spouse, plus previously granted options covering additional common shares at exercise prices of $12.08 and $13.30.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Bellard Ted D.
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 — 35,402 shares (Direct, null);
Common Stock — 10,000 shares (Indirect, By Spouse)
Footnotes (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 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. 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. 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.
Key Figures
New share grant: 1,058 shares
New option grant: 2,645 options at $15.95/share
Direct common shares after award: 35,402 shares
+3 more
6 metrics
New share grant
1,058 shares
Common stock award at $0.00 per share on June 10, 2026
New option grant
2,645 options at $15.95/share
Stock Option (Right to Buy) expiring June 10, 2036
Direct common shares after award
35,402 shares
Total direct common stock holding after June 10, 2026 grant
Indirect common shares
10,000 shares
Common stock held indirectly by spouse
Existing option position
21,160 options at $13.30/share
Stock Option (Right to Buy) expiring September 1, 2032
Existing option position
2,645 options at $12.08/share
Stock Option (Right to Buy) expiring June 10, 2035
Key Terms
Stock Option (Right to Buy), Recognition and Retention Plan, vesting at a rate of 20% per year, indirect ownership, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)" with exercise prices and expirations"
Recognition and Retention Plan financial
"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 vest at a rate of 20% per year commencing on June 10, 2027."
indirect ownership financial
"total_shares_following_transaction 10000.0000, direct_or_indirect "I", nature_of_ownership "By Spouse""
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What equity awards did Ted D. Bellard report for Catalyst Bancorp (CLST)?
Ted D. Bellard reported a grant of 1,058 Catalyst Bancorp common shares at no cost and a stock option for 2,645 shares at a $15.95 exercise price, both vesting 20% annually starting June 10, 2027, as part of the company’s 2022 Recognition and Retention Plan.
What stock options does Ted D. Bellard have in Catalyst Bancorp (CLST)?
Ted D. Bellard holds options tied to Catalyst Bancorp common stock, including grants with $12.08 and $13.30 exercise prices expiring in 2035 and 2032, plus a new 2,645-share option at $15.95 expiring June 10, 2036. Each option vests 20% per year over multiple years.
How do the new Catalyst Bancorp (CLST) awards vest for Ted D. Bellard?
The newly granted 1,058 shares and 2,645-share stock option vest 20% per year beginning June 10, 2027. This means portions of each award become available annually, aligning Bellard’s compensation with longer-term Catalyst Bancorp performance through the 2022 Recognition and Retention Plan.
Are Ted D. Bellard’s Catalyst Bancorp (CLST) holdings only direct, or also indirect?
Ted D. Bellard holds Catalyst Bancorp shares both directly and indirectly. He owns 35,402 common shares directly and 10,000 common shares indirectly through his spouse, as reported in the Form 4. Indirect holdings reflect beneficial ownership through a related person.