Katapult Holdings (KPLT) director DeVault Lynn files initial Form 3
Rhea-AI Filing Summary
Katapult Holdings, Inc. filed an initial ownership report for DeVault Lynn, identifying this person as a director of the company. The filing does not list any reportable transactions or current holdings and notes an exhibit for a Power of Attorney authorizing certain filing-related actions.
Positive
- None.
Negative
- None.
Key Terms
Form 3, initial statement of beneficial ownership, Power of Attorney
3 terms
Form 3 regulatory
"files an initial ownership report for DeVault Lynn"
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.
initial statement of beneficial ownership regulatory
"It is an initial ownership statement and currently shows no reportable"
An initial statement of beneficial ownership is the first regulatory filing an insider or large investor submits to disclose the amount of a company's stock they control or benefit from. It matters to investors because it reveals who has significant influence over a company—like showing who’s holding the cards—and helps track potential conflicts of interest, insider motives, and future buying or selling that can move the stock price.
Power of Attorney regulatory
"notes an exhibit for a Power of Attorney authorizing certain"
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 filing for KPLT and DeVault Lynn represent?
The Form 3 for Katapult Holdings, Inc. (KPLT) reports that DeVault Lynn is a director. It is an initial ownership statement and currently shows no reportable transactions or holdings for this reporting person.
What insider role is disclosed for DeVault Lynn at Katapult Holdings (KPLT)?
The filing identifies DeVault Lynn as a director of Katapult Holdings, Inc. (KPLT). The person is not reported as an officer or 10% owner in this initial statement of beneficial ownership.
Are any current holdings reported for DeVault Lynn in the KPLT Form 3?
No current holdings are detailed in this Form 3 for DeVault Lynn at KPLT. The insider data show zero reported transactions and zero holding entries in this initial filing.
What additional document is referenced in the KPLT Form 3 remarks?
The remarks reference an exhibit list including Exhibit 24 - Power of Attorney. This indicates that a Power of Attorney has been provided to authorize certain actions related to SEC ownership reporting for KPLT.
AI-generated analysis. How Rhea-AI works. Not financial advice.