Sec Form 13G Filing - Mount Grey Capital LLC filing for Catalyst Bancorp Inc. (CLST) - 2024-08-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Catalyst Bancorp, Inc.
(Name of Issuer)
Common Stock, par value of $0.01 per share
(Title of Class of Securities)
14888L101
(CUSIP Number)
August 12, 2024
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
[   ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[   ] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see Instructions).
CUSIP No.: 14888L101
       
1
NAME OF REPORTING PERSON
Mount Grey Partners LP
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [   ]
(b) [   ]
3 SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5
SOLE VOTING POWER
6
SHARED VOTING POWER
0
7
SOLE DISPOSITIVE POWER
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[   ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
12
TYPE OF REPORTING PERSON
PN
CUSIP No.: 14888L101
       
1
NAME OF REPORTING PERSON
Mount Grey Capital LLC
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [   ]
(b) [   ]
3 SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5
SOLE VOTING POWER
6
SHARED VOTING POWER
0
7
SOLE DISPOSITIVE POWER
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[   ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
12
TYPE OF REPORTING PERSON
IA
CUSIP No.: 14888L101
       
1
NAME OF REPORTING PERSON
Mount Grey Partners GP LLC
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [   ]
(b) [   ]
3 SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5
SOLE VOTING POWER
6
SHARED VOTING POWER
0
7
SOLE DISPOSITIVE POWER
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[   ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
12
TYPE OF REPORTING PERSON
OO
CUSIP No.: 14888L101
       
1
NAME OF REPORTING PERSON
Paul Magidson
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [   ]
(b) [   ]
3 SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5
SOLE VOTING POWER
6
SHARED VOTING POWER
0
7
SOLE DISPOSITIVE POWER
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[   ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
12
TYPE OF REPORTING PERSON
IN
CUSIP No.: 14888L101
       
1
NAME OF REPORTING PERSON
Robert Haderer
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [   ]
(b) [   ]
3 SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5
SOLE VOTING POWER
6
SHARED VOTING POWER
0
7
SOLE DISPOSITIVE POWER
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[   ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
12
TYPE OF REPORTING PERSON
IN
CUSIP No.: 14888L101
ITEM 1(a). NAME OF ISSUER:
Catalyst Bancorp, Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
235 N. Court Street,
Opelousas, LA, 70570
ITEM 2(a). NAME OF PERSON FILING:
Mount Grey Partners LP
Mount Grey Capital LLC
Mount Grey Partners GP LLC
Paul Magidson
Robert Haderer
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Mount Grey Partners LP
c/o Mount Grey Capital LLC
19 Carlile Terrace,
Little Silver, NJ 07739
United States of America


Mount Grey Capital LLC
19 Carlile Terrace,
Little Silver, NJ 07739
United States of America


Mount Grey Partners GP LLC
19 Carlile Terrace,
Little Silver, NJ 07739
United States of America


Paul Magidson
c/o Mount Grey Capital LLC
19 Carlile Terrace,
Little Silver, NJ 07739
United States of America


Robert Haderer
c/o Mount Grey Capital LLC
19 Carlile Terrace,
Little Silver, NJ 07739
United States of America
ITEM 2(c). CITIZENSHIP:
Delaware
Delaware
Delaware
United States of America
United States of America
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, par value of $0.01 per share
ITEM 2(e). CUSIP NUMBER:
14888L101
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTION 240.13d-1(b), or 13d-2(b) or (c) CHECK WHETHER THE PERSON FILING IS A:
(a)
[ ]
Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78c);
(b)
[ ]
Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
[ ]
Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
[ ]
Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);
(e)
[ ]
An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E);
(f)
[ ]
An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F);
(g)
[ ]
A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G);
(h)
[ ]
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
[ ]
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
[ ]
A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J);
(k)
[ ]
Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d1(b)(1)(ii)(J), please specify the type of institution:
ITEM 4. OWNERSHIP
(a) Amount beneficially owned:
Mount Grey Partners LP 0
Mount Grey Capital LLC 0
Mount Grey Partners GP LLC 0
Paul Magidson 0
Robert Haderer 0
(b) Percent of class:
Mount Grey Partners LP 0%
Mount Grey Capital LLC 0%
Mount Grey Partners GP LLC 0%
Paul Magidson 0%
Robert Haderer 0%
(c) Number of shares as to which the person has:
(i) sole power to vote or to direct the vote:
Mount Grey Partners LP : 0

Mount Grey Capital LLC : 0

Mount Grey Partners GP LLC : 0

Paul Magidson : 0

Robert Haderer : 0
(ii) shared power to vote or to direct the vote:
Mount Grey Partners LP : 0

Mount Grey Capital LLC : 0

Mount Grey Partners GP LLC : 0

Paul Magidson : 0

Robert Haderer : 0
(iii) sole power to dispose or direct the disposition of:
Mount Grey Partners LP : 0

Mount Grey Capital LLC : 0

Mount Grey Partners GP LLC : 0

Paul Magidson : 0

Robert Haderer : 0
(iv) shared power to dispose or to direct the disposition of:
Mount Grey Partners LP : 0

Mount Grey Capital LLC : 0

Mount Grey Partners GP LLC : 0

Paul Magidson : 0

Robert Haderer : 0
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
Not applicable.
ITEM 10. CERTIFICATION:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
CUSIP No.: 14888L101
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
August 14 2024
MOUNT GREY PARTNERS LP* MOUNT GREY PARTNERS GP LLC
By:
/s/ Paul Magidson
Name:
Paul Magidson
Title:
Managing Member
August 14 2024
MOUNT GREY CAPITAL LLC
By:
/s/Paul Magidson
Name:
Paul Magidson
Title:
Managing Member
August 14 2024
MOUNT GREY PARTNERS GP LLC
By:
/s/Paul Magidson
Name:
Paul Magidson
Title:
Managing Member
August 14 2024
PAUL MAGIDSON
By:
/s/ PAUL MAGIDSON
Name:
PAUL MAGIDSON
Title:
Managing Member
August 14 2024
ROBERT HADERER
By:
/s/ROBERT HADERER
Name:
ROBERT HADERER
Title:
Managing Member
Attention — Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).