Katapult Holdings (KPLT) major owner shifts 11,369,326 shares in internal move
Rhea-AI Filing Summary
Katapult Holdings, Inc. reported that significant stockholder entities IQV Holdco, LLC and KMJ Group Holdings, LLC, each a ten percent owner, completed an internal restructuring involving 11,369,326 shares of Common Stock. The transaction, coded as an other acquisition or disposition, included a transfer of 57,801 shares from IQV Holdco to Brent Turner, a pro rata distribution of shares from IQV Holdco to its members (including KMJ), and an immediate pro rata distribution by KMJ of all shares it received to its own members. Following these transactions, the reporting holder’s directly owned position is 47,179 shares of Common Stock at a reported price of $0.00 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,369,326 shares
Net Sell
1 txn
Insider
IQV Holdco, LLC, KMJ Group Holdings, LLC
Role
10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 11,369,326 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 47,179 shares (Direct)
Footnotes (1)
- F1. Reflects (i) a transfer of 57,801 shares from IQV Holdco, LLC ("IQV Holdco") to Brent Turner, (ii) a pro rata distribution from IQV Holdco to its members, including KMJ Group Holdings, LLC ("KMJ") and (iii) a subsequent pro rata distribution immediately thereafter from KMJ of all of the shares received in the distribution from IQV Holdco to all of its members.
Key Figures
Shares disposed/restructured: 11,369,326 shares
Shares following transaction: 47,179 shares
Per-share transaction price: $0.00 per share
+1 more
4 metrics
Shares disposed/restructured
11,369,326 shares
Common Stock moved in code J other acquisition or disposition transaction
Shares following transaction
47,179 shares
Directly owned Common Stock position after restructuring
Per-share transaction price
$0.00 per share
Reported price for the Common Stock restructuring transaction
Transfer to Brent Turner
57,801 shares
Common Stock transferred from IQV Holdco, LLC to Brent Turner
Key Terms
pro rata distribution, ten percent owner, Common Stock
3 terms
pro rata distribution financial
"a pro rata distribution from IQV Holdco to its members, including KMJ Group Holdings, LLC"
A pro rata distribution is when a company or organization shares out money, assets, or benefits evenly among all eligible people based on their size or share. For example, if a company makes a profit and distributes it to shareholders, each person gets a portion proportional to how many shares they own. It ensures everyone gets their fair part based on their ownership or stake.
ten percent owner financial
"reportingPersons ... is_ten_percent_owner": 1"
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What stock transaction did Katapult (KPLT) report in this Form 4?
Katapult reported an internal restructuring where entities IQV Holdco, LLC and KMJ Group Holdings, LLC disposed of 11,369,326 shares of Common Stock through transfers and pro rata distributions to their members.
Who are the reporting persons in this Katapult (KPLT) Form 4 filing?
The reporting persons are IQV Holdco, LLC and KMJ Group Holdings, LLC, each identified as a ten percent owner of Katapult Holdings, Inc. in connection with the reported Common Stock restructuring.
AI-generated analysis. How Rhea-AI works. Not financial advice.