[Form 4] Catalyst Bancorp, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Catalyst Bancorp, Inc. chief risk officer Don P. Ledet reported equity compensation activity and updated holdings. He received a grant of 1,000 shares of common stock and 2,000 stock options with a $15.96 exercise price that vest 20% per year starting on June 10, 2027. To cover tax obligations, 131 shares were withheld at $15.96 per share, leaving him with 12,706 directly owned shares plus additional shares held through an ESOP and previously granted, unvested awards. He also continues to hold options on 4,000 shares at $12.08 and 21,160 shares at $11.30 with expirations in 2035 and 2033, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Ledet Don P
Role
CHIEF RISK OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 2,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 131 | $15.96 | $2K |
| Grant/Award | Common Stock | 1,000 | $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) — 2,000 shares (Direct, null);
Common Stock — 12,706 shares (Direct, null);
Common Stock — 2,020.067 shares (Indirect, By ESOP)
Footnotes (1)
- Disposition solely to meet tax obligation for distribution from stock benefit plan. Includes 5,080 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 December 1, 2024. Includes 1,600 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 2,000 shares that commenced vesting 20% per year on June 10, 2026. 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 shares allocated to the reporting person's account in the ESOP since the last filed Form 4, as of December 31, 2025. These options are vesting at a rate of 20% per year that commenced on December 1, 2024. These options are vesting at a rate of 20% per year that commenced on June 10, 2026. The options vest at a rate of 20% per year commencing on June 10, 2027.
Key Figures
Restricted stock grant: 1,000 shares
Direct common shares after transactions: 12,706 shares
ESOP indirect holdings: 2,020.067 shares
+4 more
7 metrics
Restricted stock grant
1,000 shares
Common Stock grant on June 10, 2026 at $0.00
Direct common shares after transactions
12,706 shares
Direct ownership following June 10, 2026 transactions
ESOP indirect holdings
2,020.067 shares
Indirect holdings by ESOP as of December 31, 2025
New option grant
2,000 options at $15.96
Stock Option (Right to Buy), expires June 10, 2036
Existing option position 1
4,000 underlying shares at $12.08
Stock options expiring June 10, 2035
Existing option position 2
21,160 underlying shares at $11.30
Stock options expiring December 1, 2033
Tax withholding shares
131 shares at $15.96
Shares withheld to satisfy tax obligations
Key Terms
ESOP, Recognition and Retention Plan and Trust Agreement, tax-withholding disposition, Stock Option (Right to Buy), +1 more
5 terms
ESOP financial
"Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
Recognition and Retention Plan and Trust Agreement financial
"Includes 5,080 shares granted pursuant to the Issuer's 2022 Recognition and Retention Plan and Trust Agreement"
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) with underlying security title Common Stock"
vesting at a rate of 20% per year financial
"These options are vesting at a rate of 20% per year that commenced on December 1, 2024"
FAQ
What did Catalyst Bancorp (CLST) insider Don P. Ledet report in this Form 4?
Don P. Ledet reported new equity compensation and updated holdings. He received 1,000 restricted shares and 2,000 stock options, and had 131 shares withheld to cover taxes related to these awards and plan distributions.
What stock options did Don P. Ledet receive from Catalyst Bancorp (CLST)?
He received 2,000 stock options with a $15.96 exercise price, expiring on June 10, 2036. These options vest 20% per year starting on June 10, 2027, aligning with the company’s long-term incentive structure.
What existing stock options does Don P. Ledet still hold in Catalyst Bancorp (CLST)?
He continues to hold options tied to 4,000 shares at $12.08 expiring in 2035 and 21,160 shares at $11.30 expiring in 2033. These options vest 20% per year under previously established schedules.