Katapult Holdings (KPLT) files Form 3 for President William C. Baker
Rhea-AI Filing Summary
Katapult Holdings, Inc. filed an initial ownership report for William C. Baker, identifying him as an officer serving as President of the company. The filing notes an associated Power of Attorney listed as Exhibit 24, authorizing the handling of certain SEC-related matters on his behalf.
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Key Terms
Power of Attorney, Exhibit 24, Form 3
3 terms
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.
Exhibit 24 regulatory
"Exhibit List - Exhibit 24 - Power of Attorney"
Form 3 regulatory
"Katapult Holdings, Inc. filed an initial ownership report 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.
FAQ
What does Katapult Holdings, Inc. (KPLT) report about William C. Baker in this Form 3?
Katapult Holdings, Inc. reports that William C. Baker is an officer of the company, serving as President. This Form 3 establishes him as a reporting person for insider ownership disclosures going forward.
What is the significance of the Power of Attorney in Katapult (KPLT) Form 3 for William C. Baker?
The Form 3 remarks reference a Power of Attorney as Exhibit 24. This indicates an authorization for another party to handle certain SEC filing and signature responsibilities on William C. Baker’s behalf.
Is William C. Baker a director or 10% owner of Katapult (KPLT) according to this Form 3?
According to the Form 3 data, William C. Baker is reported solely as an officer (President), and is not identified as a director or a 10% beneficial owner of Katapult Holdings, Inc.
Does Katapult (KPLT) Form 3 mention any Rule 10b5-1 trading plan for William C. Baker?
The available data show no indication of a Rule 10b5-1 trading plan for William C. Baker. The transaction summary reflects no reported trades or plan-related details in this Form 3.
AI-generated analysis. How Rhea-AI works. Not financial advice.