Quebedeaux Amanda B. 4

What Happened
Amanda B. Quebedeaux, Chief Operations Officer of Catalyst Bancorp (CLST), received two equity awards on June 10, 2026: 1,000 shares acquired at $0.00 and 2,000 derivative shares granted at $0.00 (total = 3,000 shares; no cash exchanged). These are awards/grants (transaction code A), not open‑market purchases or sales.

Key Details

• Transaction date: June 10, 2026; Form 4 filed June 12, 2026 (filed two days after the transaction).
• Grants: 1,000 shares (direct award) and 2,000 derivative shares; price reported $0.00, total reported value $0.
• Vesting: Grants are under the Issuer’s 2022 Recognition and Retention Plan; vesting generally occurs at 20% per year. Footnotes indicate varying vesting commencement dates for different grants (examples include Sept 1, 2023; June 10, 2026; and June 10, 2027).
• Derivative note: The 2,000 "derivative" shares represent an equity award that vests over time (e.g., RSUs or restricted shares), rather than an immediate open‑market acquisition.
• Shares owned following the reported transaction: not specified in the provided filing excerpt.

Context

• These are company retention/recognition awards, common for executive compensation and typically vest over multiple years; they do not indicate an immediate purchase or sale of stock.
• Because the grants vest over time, their realizable value to the insider depends on continued service and future stock price movement.
• Filing appears timely (reported two days after the transaction), and no 10b5‑1, tax withholding, or sale-related notes were indicated in the provided footnotes.