Quebedeaux Amanda B. 4/A
Research Summary
AI-generated summary
Catalyst Bancorp (CLST) COO Amanda Quebedeaux Receives Awards
What Happened
Amanda B. Quebedeaux, Chief Operations Officer of Catalyst Bancorp (CLST), received equity awards on June 10, 2026: a grant of 1,000 shares and an additional 2,000 shares reported as a derivative award. To satisfy tax withholding related to a stock distribution, 131 shares were disposed of at $15.96 each for proceeds of $2,091. The filing is an amended Form 4.
Key Details
- Transaction date: 2026-06-10 (filed 2026-06-12; this is an amended Form 4).
- Disposition: 131 shares sold/withheld at $15.96 each for $2,091 (coded F — tax withholding).
- Acquisitions: 1,000 shares granted at $0.00; 2,000 shares derivative granted at $0.00.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Notable footnotes:
- F1: the 131-share disposition was solely to meet tax obligations for a stock benefit distribution.
- F2–F4: the grants are under the Issuer’s 2022 Recognition & Retention Plan; some portions reflect unvested portions of prior grants and have vesting schedules (generally vesting at 20% per year, with specific commencement dates noted in the filing).
- Timeliness: Filed within two business days of the transaction date; amendment may correct or add detail.
Context
- These transactions are award grants (not open-market purchases) and a routine tax-related share disposition. Grants at $0.00 reflect equity awards (e.g., restricted stock/RSUs or similar) rather than a cash purchase; the derivative award will vest per the plan schedule (generally 20% per year as noted).
- The 131-share sale was a tax-withholding event and is a common administrative disposition, not necessarily a signal of the insider’s view on the stock.
- Because the filing is amended, the company added or corrected information; the amendment does not by itself imply wrongdoing but provides updated disclosure.