Employee plan holds 10.2% of Catalyst Bancorp (CLST) stock

Rhea-AI Filing Summary

Catalyst Bancorp, Inc. Employee Stock Ownership Plan reported beneficial ownership of 416,791.85 shares of Catalyst Bancorp common stock, representing 10.2% of the class, based on 4,074,911 shares outstanding as of December 31, 2025.

The plan has sole voting and dispositive power over 333,270 shares and shared voting and dispositive power over 83,521.85 shares. Of the total, 83,521.85 shares are allocated to individual employee accounts and 333,270 shares remain unallocated for future allocation. The plan states the shares are held in the ordinary course of business and not for the purpose of changing or influencing control of the company.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

CATALYST BANCORP, INC.

(Name of Issuer)

Common Stock, Par Value $0.01 Per Share

(Title of Class of Securities)

14888L101

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 14888L101

1

Names of Reporting Persons

Catalyst Bancorp, Inc. Employee Stock Ownership Plan

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

LOUISIANA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 333,270.00
6	Shared Voting Power 83,521.85
7	Sole Dispositive Power 333,270.00
8	Shared Dispositive Power 83,521.85

9

Aggregate Amount Beneficially Owned by Each Reporting Person

416,791.85

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.2 %

12

Type of Reporting Person (See Instructions)

EP

SCHEDULE 13G

Item 1.
(a)	Name of issuer: CATALYST BANCORP, INC.
(b)	Address of issuer's principal executive offices: 235 N Court St, Opelousas, LA, 70570.
Item 2.
(a)	Name of person filing: Catalyst Bancorp, Inc. Employee Stock Ownership Plan (the "Plan")
(b)	Address or principal business office or, if none, residence: Catalyst Bank 235 N. Court Street Opelousas, Louisiana 70570
(c)	Citizenship: Louisiana
(d)	Title of class of securities: Common Stock, Par Value $0.01 Per Share
(e)	CUSIP No.: 14888L101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 416,791.85
(b)	Percent of class: 10.2% (based on 4,074,911 shares issued and outstanding as of December 31, 2025)
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 333,270.00
	(ii) Shared power to vote or to direct the vote: 83,521.85
	(iii) Sole power to dispose or to direct the disposition of: 333,270.00
	(iv) Shared power to dispose or to direct the disposition of: 83,521.85 The reporting person is an employee benefit plan subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended, with individual accounts for the benefit of participating employees and their beneficiaries. The reporting person's assets are held in trust by trustee, Jutta A. Codori ("Plan Trustee"). The number of shares listed as beneficially owned represents the entire number of shares of Common Stock held by the Plan, as of December 31, 2025. As of December 31, 2025, 83,521.85 shares of Common Stock were allocated to individual accounts established for participating employees and their beneficiaries and 333,270 shares were held, unallocated, for allocation in future years. In general, participating employees and their beneficiaries have the power and authority to direct the voting of shares of Common Stock allocated to their individual accounts through the Plan Trustee, who has shared voting power over the allocated Common Stock. Any unallocated Common Stock is generally required to be voted by the Plan Trustee for or against proposals to shareholders in the same proportion as the shares of Common Stock which have been allocated to the accounts of individual participants and beneficiaries are actually voted thereby, subject in each case to the fiduciary duties of the Plan Trustee and applicable law.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Dividends paid, if any, on Common Stock allocated to the accounts of participating employees and their beneficiaries, to the extent paid in the form of additional securities, would be added to their respective individual accounts. Dividends on Common Stock allocated to the accounts of participating employees and their beneficiaries, to the extent paid in cash, are, at the direction of the Plan Administrator, either (i) credited to the respective individual accounts, (ii) paid to the participant or beneficiary or (iii) used to pay principal and interest on outstanding indebtedness incurred by the reporting person to acquire Common Stock.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Catalyst Bancorp, Inc. Employee Stock Ownership Plan

Signature:	/s/ Jutta Codori
Name/Title:	Jutta Codori, Trustee
Date:	02/13/2026

Comments accompanying signature: This report is not an admission that the Plan Trustee is the beneficial owner of any securities covered by this report, and the Plan Trustee expressly disclaims beneficial ownership of all shares reported herein pursuant to Rule 13d-4, other than shares allocated to the individual account of the Plan Trustee, as applicable, over which the Plan Trustee has voting power.

FAQ

What percentage of Catalyst Bancorp (CLST) is held by the Employee Stock Ownership Plan?

The Employee Stock Ownership Plan holds 10.2% of Catalyst Bancorp’s common stock. This is based on 416,791.85 shares beneficially owned out of 4,074,911 shares outstanding as of December 31, 2025, giving employees a meaningful ownership stake in the company.

How many Catalyst Bancorp (CLST) shares does the ESOP beneficially own?

The plan beneficially owns 416,791.85 Catalyst Bancorp common shares. This total includes both shares already allocated to individual employee accounts and unallocated shares that are held in trust for future allocation under the employee stock ownership structure.

How are Catalyst Bancorp (CLST) ESOP shares allocated between employees and unallocated balances?

As of December 31, 2025, 83,521.85 shares are allocated to individual employee and beneficiary accounts. Another 333,270 shares are unallocated within the plan’s trust, to be assigned to participants’ accounts in future years according to the plan’s allocation rules.

Who votes the Catalyst Bancorp (CLST) shares held by the ESOP?

Employees generally direct the voting of shares allocated to their accounts through the plan trustee. The trustee has shared voting power over allocated shares and typically votes unallocated shares in proportion to how allocated shares are actually voted, subject to fiduciary duties and applicable law.

How are dividends on Catalyst Bancorp (CLST) ESOP shares handled for participants?

Dividends on allocated shares, if paid, may be credited to individual accounts, paid directly to participants, or used to repay plan debt incurred to buy stock. Dividends paid as additional securities are added to the respective participants’ accounts under the plan.

What does the Schedule 13G/A amendment disclose about control intentions at Catalyst Bancorp (CLST)?

The filing certifies that the ESOP’s shares were acquired and are held in the ordinary course of business. It states they are not held for the purpose of changing or influencing control of Catalyst Bancorp, nor in connection with any transaction having that purpose or effect.