Katapult Holdings (KPLT) CEO Cory Miller files initial insider Form 3
Rhea-AI Filing Summary
Katapult Holdings, Inc. reported that Cory J. Miller, its Chief Executive Officer and a director, filed an initial statement of beneficial ownership of securities on Form 3. The submission includes an exhibit list referencing Exhibit 24 – Power of Attorney authorizing certain Form-related actions.
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Key Terms
Form 3, beneficial ownership, Power of Attorney
3 terms
Form 3 regulatory
"filed an initial statement of beneficial ownership of securities on Form 3"
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
"filed an initial statement of beneficial ownership of securities"
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 24 – Power of Attorney authorizing certain Form-related actions"
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 the Form 3 filed for KPLT by Cory J. Miller indicate?
The Form 3 shows that Cory J. Miller, Katapult Holdings, Inc.’s Chief Executive Officer and director, has filed an initial statement of beneficial ownership of securities, formally establishing insider reporting status.
What roles does Cory J. Miller hold at Katapult Holdings, Inc. (KPLT)?
Cory J. Miller is identified as both a director and an officer of Katapult Holdings, Inc., serving in the capacity of Chief Executive Officer according to the Form 3 disclosure.
Does the KPLT Form 3 for Cory J. Miller report any insider transactions?
No insider transactions are reported; the structured data shows no buy, sell, acquire, dispose, or derivative transactions and no holding entries associated with this initial Form 3 filing.
What is the significance of Exhibit 24 in the KPLT Form 3?
The remarks reference an Exhibit 24 – Power of Attorney, indicating that a power of attorney has been provided, typically authorizing designated persons to sign and submit SEC ownership forms on the insider’s behalf.
Is Cory J. Miller a 10% owner of Katapult Holdings, Inc. (KPLT) based on this Form 3?
The Form 3 data flags Cory J. Miller as not a ten percent owner, while confirming his roles as Chief Executive Officer and director, focusing his status on management and board positions rather than large share ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
