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Katapult (KPLT) director Schutt awarded 594,320 shares tied to CCF units

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Katapult Holdings, Inc. director Eugene R. Schutt Jr reported an acquisition of 594,320 shares of common stock via a grant or award. Following this award, his directly held common stock position increased to 596,320 shares. The award reflects a right to receive Katapult common shares in exchange for 18,447,791 phantom restricted units of CCF Holdings, LLC, deliverable twelve months after termination of the CCF Holdings, LLC 2021 management incentive plan in connection with the mergers of Aaron's Intermediate Holdco, Inc. and CCF Holdings, LLC into Katapult. On the mergers’ effective date, Katapult’s common stock closed at $8.00 per share.

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Insider Schutt Eugene R Jr
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 594,320 -- --
Holdings After Transaction: Common Stock — 596,320 shares (Direct)
Footnotes (1)
  1. F1. Reflects the right to receive shares of the Issuer's common stock in exchange for 18,447,791 phantom restricted units of CCF Holdings, LLC twelve months following the termination of the CCF Holdings, LLC 2021 management incentive plan in connection with the mergers of Aaron's Intermediate Holdco, Inc. and CCF Holdings, LLC into the Issuer (the "Mergers"). On the effective date of the Mergers, the closing price of the Issuer's common stock was $8.00 per share.
Shares acquired 594,320 shares Grant/award acquisition of Katapult common stock reported by director
Total shares after transaction 596,320 shares Director’s directly held Katapult common stock following the award
Phantom restricted units 18,447,791 units CCF Holdings, LLC phantom restricted units exchangeable into Katapult shares
Closing price on mergers’ effective date $8.00 per share Katapult common stock closing price on effective date of the mergers
phantom restricted units financial
"Reflects the right to receive shares ... in exchange for 18,447,791 phantom restricted units of CCF Holdings, LLC"
management incentive plan financial
"twelve months following the termination of the CCF Holdings, LLC 2021 management incentive plan"
A management incentive plan is a structured pay program that rewards company executives and senior managers when they meet specific goals, using cash bonuses, stock awards, or options. It matters to investors because it helps align leaders’ actions with shareholder interests—like tying a coach’s bonus to a team’s wins—while influencing retention, risk-taking and potential share dilution, all of which can affect company performance and stock value.
Mergers financial
"in connection with the mergers of Aaron's Intermediate Holdco, Inc. and CCF Holdings, LLC into the Issuer (the "Mergers")"
A merger is when two companies join to form a single business, combining their assets, operations and leadership much like two households moving into one home to share resources and cut duplicate costs. For investors, mergers matter because they can change a company's future profits and risk: successful mergers may boost growth and lower costs, while failed integrations can hurt earnings, alter share counts and shift stock prices.

FAQ

What insider transaction did Katapult (KPLT) director Eugene R. Schutt Jr report?

Director Eugene R. Schutt Jr reported a grant/award acquisition of 594,320 shares of Katapult common stock, increasing his directly held position to 596,320 shares according to the Form 4 filing.

How many Katapult (KPLT) shares does Eugene R. Schutt Jr hold after this Form 4 transaction?

After the reported grant, Eugene R. Schutt Jr directly holds 596,320 shares of Katapult common stock. The filing lists this as the total number of shares owned following the transaction.

What is the size of the equity award reported in the Katapult (KPLT) Form 4?

The Form 4 shows a grant or award of 594,320 shares of Katapult common stock. This acquisition is categorized as a non-derivative transaction with code "A" for a grant, award, or other acquisition.

What stock price reference is disclosed in the Katapult (KPLT) Form 4 footnote?

A footnote states that on the effective date of the mergers involving Katapult, the closing price of Katapult’s common stock was $8.00 per share, providing a reference point for the equity arrangement described.

Was the Katapult (KPLT) insider transaction under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox as not checked, so the reported acquisition of 594,320 shares was not affirmatively stated to be executed under a Rule 10b5-1 trading plan.

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
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*
Schutt Eugene R Jr

(Last)(First)(Middle)
400 GALLERIA PARKWAY SE
SUITE 300

(Street)
ATLANTA GEORGIA 30339-3182

(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
Common Stock08/11/2026A594,320A(1)596,320D
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:
1. Reflects the right to receive shares of the Issuer's common stock in exchange for 18,447,791 phantom restricted units of CCF Holdings, LLC twelve months following the termination of the CCF Holdings, LLC 2021 management incentive plan in connection with the mergers of Aaron's Intermediate Holdco, Inc. and CCF Holdings, LLC into the Issuer (the "Mergers"). On the effective date of the Mergers, the closing price of the Issuer's common stock was $8.00 per share.
/s/ Ryan Wigdor, as attorney-in-fact for Eugene R. Schutt08/12/2026
** 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)