Catalyst Bancorp (CLST) executive compensation, 2026 proxy

Joseph B. Zanco, President and Chief Executive Officer, was paid $588,181 in 2025, up 35% from $436,997 the year before.

Filed
April 14, 2026
Annual meeting
May 19, 2026
Pay year
2025
Named executives
3
CEO total pay
$588,181+35% vs prior year
CEO pay in equity
20%$120,347 in awards
CEO Base Salary
$300,000Unchanged from prior year
CEO Discretionary Bonus
$40,000Awarded for 2025 performance
CEO Stock Awards
$63,903Grant date fair value
CEO Option Awards
$56,444Grant date fair value
CEO All Other Compensation
$127,834Includes allowances and insurance
Stock Vesting Rate
20%Per year beginning June 10, 2026

How Zanco was paid

$588,181 in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary51%Bonus7%Stock awards11%Option awards10%All other compensation22%

Named executive officers

ExecutiveTotal
Joseph B. ZancoPresident and Chief Executive Officer$588,181
Amanda B. QuebedeauxSenior Vice President and Chief Operations Officer$245,002
Don P. LedetSenior Vice President and Chief Risk Officer$238,944

What changed and why

  • $588KCEO total compensation increased to $588,181 in 2025 compared to $436,997 in 2024.
  • $40,000Mr. Zanco earned a discretionary bonus of $40,000 for fiscal 2025.
  • Stock and option awards were granted under the 2022 Recognition and Retention Plan and Stock Options Plan.
  • A clawback policy was instituted by the Board of Directors in 2023 for incentive compensation.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.