Catalyst Bancorp chair awarded stock and options
Catalyst Bancorp, Inc. chairman of the board Todd A. Kidder reported new equity compensation grants.
Rhea-AI Filing Summary
Catalyst Bancorp, Inc. chairman of the board Todd A. Kidder reported new equity compensation grants. He received 1,058 shares of common stock on June 10, 2026 at a stated price of $0.00 per share, as an award that vests 20% per year starting June 10, 2027 under the 2022 Recognition and Retention Plan and Trust Agreement. He was also granted 2,645 stock options with an exercise price of $15.96 per share, vesting 20% per year beginning on the same date and expiring on June 10, 2036. After these awards, he directly holds 20,580 common shares, plus stock options to buy additional shares, and indirectly holds 10,000 shares through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| Grant/Award | Stock Option (Right to Buy) | 2,645 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,058 | $0.00 | $0.00 |
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
unvested portion financial
FAQ
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What did Catalyst Bancorp (CLST) chairman Todd A. Kidder report on this Form 4?
What stock options did Todd A. Kidder receive from Catalyst Bancorp (CLST)?
How do the vesting terms work for Todd A. Kidder’s new Catalyst Bancorp (CLST) awards?
What other stock options does Todd A. Kidder hold in Catalyst Bancorp (CLST)?
AI-generated analysis. How Rhea-AI works. Not financial advice.