STOCK TITAN

Catalyst Bancorp (CLST) director granted shares and stock options in new awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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""
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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*
Bellard Ted D.

(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)XOther (specify below)
SECRETARY
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$035,402(2)(3)D
Common Stock10,000IBy Spouse
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 (4)09/01/2032Common Stock21,16021,160D
Stock Option (Right to Buy)$12.08 (5)06/10/2035Common Stock2,6452,645D
Stock Option (Right to Buy)$15.9506/10/2026A2,64506/10/2027(6)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 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.
3. 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.
4. These options are vesting at a rate of 20% per year that commenced on September 1, 2023.
5. These options are vesting at a rate of 20% per year that commenced on June 10, 2026.
6. These options vest at a rate of 20% per year commencing on June 10, 2027.
/s/ Jutta Codori by P.O.A. for Ted D. Bellard06/11/2026
** 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 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.

How many Catalyst Bancorp (CLST) shares does Ted D. Bellard hold after this Form 4?

After these awards, Ted D. Bellard holds 35,402 Catalyst Bancorp common shares directly and 10,000 shares indirectly through his spouse. These holdings exclude his stock options, which give him rights to acquire additional common shares at set exercise prices in future years.

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.