Not specified in the provided filing text
Not independent
Tenure on this board
New nominee
1 nominee · 2 ballot items · contested.
Stilwell intends to solicit votes at Catalyst Bancorp’s 2027 annual meeting on a business proposal and the election of one shareholder-nominated director, but the provided soliciting material does not disclose the business proposal’s substance or the nominee’s identity.
Stilwell disclosed its intent to submit a business proposal for consideration at the Company’s 2027 annual meeting, but the provided filing excerpt does not state the proposal’s subject matter, resolution, or requested action.
Stilwell announced that it intends to submit a business proposal for a vote at Catalyst Bancorp’s 2027 annual meeting. The excerpt does not identify the proposal’s subject, requested corporate action, or operative resolution language. It therefore is not possible to assess the proposal’s substantive governance, strategic, capital-allocation, or compensation implications from this material alone. The filing states that Stilwell delivered notice of its intent to submit the proposal to the Company on August 27, 2026. The notice was disclosed in Amendment No. 3 to Stilwell’s Schedule 13D. Stilwell is an activist group comprising several affiliated investment entities and individuals. The filing does not include a supporting statement from Stilwell explaining the merits of the proposal. It also does not include a Company response or board recommendation, so management’s position is unspecified. Further proxy materials are expected to provide the proposal’s actual text, rationale, and voting recommendation.
Stilwell intends to solicit votes for the election of one highly qualified director nominee at the Company’s 2027 annual meeting, but the nominee’s identity and the formal election details are not provided in the excerpt.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | Stilwell Value LLC | 9.03% | 364,085 | $6M |
| 2 | GRAHAM CAPITAL WEALTH MANAGEMENT, LLC | 4.86% | 195,939 | $3M |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 4.70% | 189,486 | $3M |
| 4 | Knott David M Jr | 2.83% | 114,000 | $4M |
| 5 | ALLIANCEBERNSTEIN L.P. | 1.51% | 61,066 | $1M |
| 6 | BlackRock, Inc. | 1.39% | 56,005 | $925K |
| 7 | Montz Harcus Wealth Management LLC | 0.74% | 30,000 | $495K |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 0.67% | 26,952 | $445K |
| 9 | Kestra Advisory Services, LLC | 0.62% | 25,000 | $413K |
| 10 | VANGUARD FIDUCIARY TRUST CO | 0.60% | 24,351 | $402K |
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