Kleiser Kirk E. 4

What Happened

• Kirk E. Kleiser, a Director of Catalyst Bancorp (CLST), reported multiple transactions on 2026-06-10. He sold 6,000 shares in two open-market sales (5,000 and 1,000) at $16.04 each for total proceeds of $96,210. On the same day he made three open-market purchases totaling 6,200 shares (2,850 @ $16.13; 2,350 @ $16.09; 1,000 @ $16.11) for aggregate cash outlay of $99,893. He also received a grant/award of 1,058 shares (reported at $0.00). Net effect: a modest net increase of 1,258 shares (7,258 acquired including the award minus 6,000 sold) and a small net cash outflow (~$3,683).

Key Details

• Transaction date: 2026-06-10; Form 4 filed 2026-06-11 (covers the 6/10/2026 trades).
• Sales: 5,000 @ $16.04 ($80,175) and 1,000 @ $16.04 ($16,035) — total disposed $96,210.
• Purchases: 2,850 @ $16.13 ($45,983); 2,350 @ $16.09 ($37,800); 1,000 @ $16.11 ($16,110) — total acquired $99,893.
• Award: 1,058 shares reported as an award/grant at $0.00.
• Shares owned after the transactions: not specified in the provided filing details.
• Notable footnotes on vesting: several grants/options referenced vest at 20% per year (see F1–F6). Some reported shares represent unvested portions of earlier grants (e.g., F2 and F3 describe unvested balances of prior awards).
• Filing timeliness: filed the day after the trades (within the usual two-business-day Form 4 reporting window).

Context

• The filing combines routine open-market selling and buying along with a company award. Purchases can be seen as a stronger signal of accumulation than sales, but awards often include unvested shares and follow preset vesting schedules (here, many awards/options vest 20% per year).
• These trades were reported by a company director (not indicated as a 10% owner); the award includes unvested components subject to vesting schedules described in the footnotes.