Catalyst Bancorp, Inc. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Shareholders held by Catalyst Bancorp, Inc. on May 19, 2026. The Company is incorporated in Louisiana and its common stock (CLST) trades on the Nasdaq Capital Market.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on corporate governance matters and shareholder voting results.
Material Changes and Voting Results
Shareholders voted on two primary proposals at the Annual Meeting:
- Quorum: 2,932,637 shares were represented out of 4,058,297 eligible shares.
- Election of Directors: Frederick R. Lafleur and Matthew L. Scruggins were elected for a three-year term. Both nominees received majority support, though a significant number of votes were withheld.
- Ratification of Auditors: Shareholders ratified the appointment of BDO USA, P.C. as the independent registered public accounting firm for the year ending December 31, 2026.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for management guidance, future outlook, specific risks, contingencies, or unusual items. The document is limited to the disclosure of voting outcomes.
Investor Verification Checklist
- Verify the specific vote counts for director nominees, noting the high number of withheld votes for Frederick R. Lafleur (790,019) and Matthew L. Scruggins (684,616).
- Confirm the appointment of BDO USA, P.C. as the auditor for the fiscal year ending December 31, 2026.
- Review the Company's most recent 10-K or 10-Q filings for financial performance data, as this 8-K contains no financial statements.