Katapult Holdings (KPLT) director Michael MH Heller submits initial Form 3 with no trades
Rhea-AI Filing Summary
Katapult Holdings, Inc. director Michael MH Heller filed an initial Form 3 statement of beneficial ownership. The filing reports no transactions and no holdings entries, and includes an exhibit described as a Power of Attorney.
Positive
- None.
Negative
- None.
Key Figures
Reported transactions: 0
Net buy/sell shares: 0
Holding entries: 0
3 metrics
Reported transactions
0
Total transactions (buy, sell, acquire, dispose, other) reported in this Form 3
Net buy/sell shares
0
NetBuySellShares from the transaction summary
Holding entries
0
HoldingEntries field in the transaction summary
Key Terms
Form 3, beneficial ownership, Power of Attorney
3 terms
Form 3 regulatory
"filed an initial Form 3 statement of beneficial ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"initial Form 3 statement of beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Power of Attorney regulatory
"Exhibit List - Exhibit 24 - Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
What does Katapult Holdings (KPLT) disclose about Michael MH Heller in this Form 3?
The Form 3 identifies Michael MH Heller as a director of Katapult Holdings, Inc. It is his initial statement of beneficial ownership and currently shows no reported transactions or holdings entries.
Does the Michael MH Heller Form 3 for KPLT show any derivative securities?
No. The derivativeSummary is empty and the transaction summary lists derivativeTransactionCount 0, meaning there are no derivative positions or derivative transactions reported in this Form 3.
What additional document is referenced in the KPLT Form 3 for Michael MH Heller?
The remarks section references an exhibit list stating “Exhibit 24 - Power of Attorney”. This indicates a Power of Attorney was filed as an attached exhibit to the Form 3.
Does the Form 3 for KPLT indicate use of a Rule 10b5-1 trading plan by Michael MH Heller?
No. The document-level 10b5-1 indicator, aff_10b5_one, is null, and there are no transactions or footnotes describing any Rule 10b5-1 trading plan in this Form 3.
AI-generated analysis. How Rhea-AI works. Not financial advice.
