Catalyst Bancorp director granted stock and options
Catalyst Bancorp, Inc. director Frederick R. Lafleur reported new equity compensation awards.
Rhea-AI Filing Summary
Catalyst Bancorp, Inc. director Frederick R. Lafleur reported new equity compensation awards. He received 1,058 shares of common stock at $0.00 per share, increasing his directly held common stock to 10,580 shares. He also received a stock option for 2,645 shares of common stock with a $15.96 exercise price, expiring on June 10, 2036. These stock and option awards vest 20% per year, commencing on June 10, 2027, under the company’s 2022 Recognition and Retention Plan and Trust Agreement. In addition to direct holdings, the filing shows 15,000 shares held indirectly by his spouse and 10,000 shares held indirectly through an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 2,645 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,058 | $0.00 | $0.00 |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (6)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. These options are vesting at a rate of 20% per year that commenced on September 1, 2023.
- F5. These options are vesting at a rate of 20% per year that commenced on June 10, 2026.
- F6. These options vest at a rate of 20% per year commencing on June 10, 2027.
Key Figures
Key Terms
2022 Recognition and Retention Plan and Trust Agreement financial
Stock Option (Right to Buy financial
vesting at a rate of 20% per year financial
IRA financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Frederick R. Lafleur acquire in this Catalyst Bancorp (CLST) Form 4?
When do Frederick R. Lafleur’s new Catalyst Bancorp equity awards vest?
What stock option positions does Lafleur hold in Catalyst Bancorp (CLST) after this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.