Katapult COO shares withheld for RSU tax payment

Katapult Holdings, Inc. Chief Operating Officer Derek Medlin reported a small, routine share disposition tied to taxes on previously granted equity.

Rhea-AI Filing Summary

Katapult Holdings, Inc. Chief Operating Officer Derek Medlin reported a small, routine share disposition tied to taxes on previously granted equity. On the RSU vesting date, 622 shares of common stock were withheld at $6.76 per share to cover tax obligations from a 2024 restricted stock unit award. This was not an open-market trade and does not represent a discretionary sale of shares. Following the withholding, Medlin directly holds 53,299 shares of Katapult common stock.

Insider Trade Summary

Exercise Price or Tax Liability: 622 shares

Exercise Price or Tax Liability 1 txn

Insider Medlin Derek

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	622	$6.76	$4K

Holdings After Transaction: Common Stock — 53,299 shares (Direct)

Footnotes (2)

1. F1. On May 6, 2024, the reporting person was granted 20,000 RSUs, one-third of which vested on March 15, 2025, and the remainder scheduled to vest thereafter in eight quarterly installments on each of May 15, August 15, November 15 and February 15 subject to the reporting person's continued employment with the Issuer on each applicable vesting date (the "2024 Award").
2. F2. The shares reported in Column 4 are shares withheld for the payment of taxes associated with the 2024 Award.

Key Figures

Tax-withheld shares: 622 shares Withholding price: $6.76 per share Shares held after transaction: 53,299 shares +2 more

5 metrics

Tax-withheld shares 622 shares Common stock withheld for taxes on 2024 RSU award

Withholding price $6.76 per share Value used for tax-withholding disposition on common stock

Shares held after transaction 53,299 shares Direct common stock holdings following tax withholding

2024 RSU grant size 20,000 RSUs Restricted stock units granted on May 6, 2024

Initial RSU vesting One-third of 20,000 RSUs Vested on March 15, 2025 under 2024 Award

Key Terms

RSUs, restricted stock unit award, tax-withholding disposition, vesting date, +1 more

5 terms

RSUs financial

"the reporting person was granted 20,000 RSUs, one-third of which vested"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

restricted stock unit award financial

"associated with the 2024 Award restricted stock unit vesting and tax payment"

A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

vesting date financial

"scheduled to vest thereafter in eight quarterly installments on each of May 15"

continued employment financial

"subject to the reporting person's continued employment with the Issuer"

Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Katapult (KPLT) report for Derek Medlin?

Katapult reported that COO Derek Medlin had 622 common shares withheld to pay taxes on a vested restricted stock unit award. This was recorded as a tax-withholding disposition, not an open-market purchase or sale of Katapult shares.

How many Katapult (KPLT) shares were involved in Derek Medlin’s Form 4?

The Form 4 shows 622 shares of Katapult common stock were withheld. These shares were used to cover tax liabilities associated with a 2024 restricted stock unit award as the units vested for Medlin.

Was Derek Medlin’s Katapult (KPLT) transaction an open-market sale?

No. The filing identifies the transaction as a tax-withholding disposition. The 622 shares were withheld by the issuer to pay taxes on a restricted stock unit vesting, rather than sold by Medlin in the open market.

How many Katapult (KPLT) shares does Derek Medlin hold after this transaction?

After the tax-withholding transaction, Derek Medlin directly holds 53,299 shares of Katapult common stock. This figure reflects his reported position following the 622 shares withheld for taxes on his 2024 restricted stock unit award.

What are the key terms of Derek Medlin’s 2024 Katapult (KPLT) RSU award?

Medlin received 20,000 restricted stock units in 2024. One-third vested on March 15, 2025, with the remaining units scheduled to vest in eight quarterly installments on May 15, August 15, November 15, and February 15, subject to continued employment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/19/2026 - 07:58 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Medlin Derek

(Last) (First) (Middle)

5360 LEGACY DRIVE

BUILDING 2

(Street)

PLANO TEXAS 75024-7141

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Katapult Holdings, Inc. [ KPLT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/15/2026		F		622	D	$6.76	53,299(1)(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On May 6, 2024, the reporting person was granted 20,000 RSUs, one-third of which vested on March 15, 2025, and the remainder scheduled to vest thereafter in eight quarterly installments on each of May 15, August 15, November 15 and February 15 subject to the reporting person's continued employment with the Issuer on each applicable vesting date (the "2024 Award").

2. The shares reported in Column 4 are shares withheld for the payment of taxes associated with the 2024 Award.

Remarks:

	/s/ Ryan Wigdor, as Attorney-in-Fact for Derek Medlin	05/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)