Catalyst Bancorp CEO Joseph B Zanco buys 14,583 shares for $172,423.15 across 2 purchases, increasing stake 196.4%
Zanco Joseph B, President and CEO of Catalyst Bancorp, Inc., executed 2 separate open-market purchases totaling 14,583 shares for $172,423.15 at a blended average price of $11.82, nearly tripling his shareholding from 7,426 to 22,009 shares. The purchases occurred on 2024-12-02 and 2024-12-03 at prices ($11.79 and $11.87) very close to the current market price of $11.80 and within the 52-week range of $10.71–$12.10. With a P/E of 84.29 and net income of only $447,000.00 against a $51.2M market cap, the company exhibits highly compressed earnings relative to valuation, making the motivation for the CEO's substantial increase in personal exposure worth close monitoring. The magnitude of the stake increase—a 196.4% addition to prior holdings—represents a material reallocation of the CEO's personal capital into the company.