Catalyst Bancorp, Inc. — Form 8-K
Filed September 15, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 28/100
What the filing says
Catalyst Bank signed 3-year employment agreements effective September 13, 2026, with Amanda Quebedeaux as Chief Operations Officer at $162,500/year base salary and Jacques Bourque as Chief Financial Officer at $117,500/year base salary. Both agreements include standard termination provisions, 12-month severance for termination without cause, 1-year non-solicitation covenants in a 10-parish Louisiana region, and automatic 2-year extension upon Change in Control. No equity grants or material bonuses are specified in the documents.
Why this rating
Routine executive employment agreements for $43M market-cap bank. Combined ~$280K annual salary is ~0.65% of company market value. Standard severance and change-of-control protections typical for regional bank ops/finance officers. No material transactions, equity, or strategic implications disclosed.
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