STOCK TITAN

Katapult Holdings (KPLT) director Donald Gayhardt exits board, ends Section 16 duty

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Katapult Holdings, Inc. reported that director Donald Gayhardt resigned from the board effective August 11, 2026. Following this resignation, he is no longer subject to Section 16 reporting requirements for trades in Katapult equity securities and will not file future Forms 4 or 5 for such transactions.

Positive

  • None.

Negative

  • None.
Section 16 regulatory
"no longer subject to Section 16 in connection with his transactions"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Form 4 regulatory
"will no longer report any such transactions on Form 4 or Form 5"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Form 5 regulatory
"will no longer report any such transactions on Form 4 or Form 5"
A Form 5 is an annual report filed with the U.S. securities regulator by company insiders—such as officers, directors and large shareholders—to disclose any equity transactions or holdings that were missed or deferred during the year. Think of it as an end-of-year ledger adjustment that shows final insider ownership and late-reported trades; investors use it to verify insider confidence, detect possible conflicts of interest, and spot unusual patterns in insiders’ buying or selling.

FAQ

What did Katapult Holdings (KPLT) disclose about Donald Gayhardt in this Form 4?

Katapult Holdings disclosed that director Donald Gayhardt resigned from the board effective August 11, 2026. As a result, he will no longer be subject to Section 16 reporting for trades in the company’s equity securities.

Are there any stock transactions reported for Donald Gayhardt in this KPLT Form 4?

No. The Form 4 for Donald Gayhardt reports no transactions in Katapult Holdings equity securities. It only notes his resignation as director and the resulting end of his Section 16 reporting obligations.

When did Donald Gayhardt’s resignation from Katapult Holdings (KPLT) become effective?

Donald Gayhardt’s resignation as a director of Katapult Holdings became effective on August 11, 2026. From that date forward, he is no longer required to file Section 16 reports for his trades in the company’s equity securities.

Will Donald Gayhardt continue filing Forms 4 or 5 for Katapult Holdings (KPLT)?

No. After resigning effective August 11, 2026, Donald Gayhardt is no longer subject to Section 16 in connection with his transactions in Katapult equity securities and therefore will not file additional Form 4 or Form 5 reports.

What does it mean that Donald Gayhardt is no longer subject to Section 16 for KPLT?

It means that, following his August 11, 2026 resignation as director, Donald Gayhardt is no longer treated as an insider under Section 16 for Katapult. His future trades in the company’s equity securities will not require Form 4 or Form 5 filings.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
X
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*
Gayhardt Donald

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
The reporting person resigned as the issuer's director effective August 11, 2026. As a result, the reporting person is no longer subject to Section 16 in connection with his transactions in the equity securities of the issuer and therefore will no longer report any such transactions on Form 4 or Form 5.
/s/ Ryan Wigdor as Attorney-in-Fact for Don Gayhardt08/13/2026
** Signature of Reporting PersonDate
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)