Bellard Ted D. 4

What Happened

• Ted D. Bellard, a Director and the Secretary of Catalyst Bancorp (CLST), was granted a total of 3,703 shares on June 10, 2026. The filing shows two items: 1,058 shares acquired as an award and 2,645 shares noted as derivative awards. Both were granted at $0.00 (no cash paid), so the reported transaction value is $0.00 — these are compensation awards, not purchases or sales.

Key Details

• Transaction date: June 10, 2026; Filing date: June 11, 2026 (timely filing).
• Price: $0.00 per share (award/grant).
• Total shares reported in this filing: 3,703 (1,058 + 2,645).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Vesting/footnotes: awards are governed by the Issuer’s 2022 Recognition and Retention Plan and Trust Agreement and are subject to multi‑year vesting (generally 20% per year). Footnotes indicate portions reflect unvested portions of earlier grants with vesting commencement dates including Sept 1, 2023, June 10, 2026, and June 10, 2027.
• No indication of sales, 10b5-1 plans, tax withholding, or cashless exercises in this filing.

Context

• These entries are awards under a retention/recognition plan and vest over time. Such grants are routine compensation and do not by themselves indicate insider buying or selling sentiment. The “derivative” entry typically means rights that will convert into shares upon vesting rather than immediate share ownership.