Catalyst Bancorp (CLST) CEO Joseph Zanco Sells 1,158 Shares for Taxes

What Happened
Joseph B. Zanco, President, CEO and a director of Catalyst Bancorp (CLST), disposed of 1,158 shares on September 1, 2026 at $17.81 per share, resulting in proceeds of approximately $20,624. The filing indicates the shares were surrendered solely to satisfy tax withholding obligations related to a distribution from a stock benefit plan.

Key Details

• Transaction date: 2026-09-01; price: $17.81 per share; shares disposed: 1,158; total value: ~$20,624.
• Transaction code F — disposition to meet tax obligations for a stock benefit distribution (footnote F1).
• Filing date: 2026-09-02 (filed the day after the transaction).
• Shares owned after the transaction are not specified in the excerpt provided.
• Related footnotes in the filing note multiple grants and vesting schedules (F2–F4), 401(k) and ESOP allocations (F5–F6), and option vesting schedules (F7–F9).

Context
This was a tax-withholding disposition tied to a stock plan distribution (not an open-market sale), which is a routine administrative action and does not necessarily signal a change in the insider’s view of the company. Purchases are generally more indicative of bullish insider sentiment; this transaction appears procedural.