AI brief of an SEC Form 8-K · Catalyst Bancorp, Inc. (CLST)

Catalyst Bancorp renews employment agreements for COO and CFO through September 2029

Neutral Impact 2 of 5 leadership Written later

Catalyst Bank, the subsidiary of Catalyst Bancorp, Inc., entered into three-year employment agreements on September 13, 2026, with Chief Operations Officer Amanda Quebedeaux and Chief Financial Officer Jacques Bourque, running through September 12, 2029. The filing describes continued service in existing roles, not a change in leadership, and sets base salaries of $162,500 for Quebedeaux and $117,500 for Bourque.

Key points

  • Agreements took effect September 13, 2026 and expire September 12, 2029, unless renewed or extended.
  • Base salaries: $162,500 for Amanda Quebedeaux (COO) and $117,500 for Jacques Bourque (CFO), both adjustable at board discretion.
  • Severance: 12 months of base salary on involuntary termination; 12 months of the greater of salary at change in control or termination date if terminated within 30 days after a change in control.

The filing

CompanyCatalyst Bancorp, Inc. (CLST)
Form8-K, current report
Filed with the SECSep 15, 2026, 8:51 AM ET
Accession number0001849867-26-000020

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 15, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.