Katapult (KPLT) CFO uses 1,424 shares to cover tax obligations on equity awards
Rhea-AI Filing Summary
Katapult Holdings, Inc. Chief Financial Officer Nancy A. Walsh reported a small tax-related share disposition. On May 15, 2026, 1,424 shares of common stock were withheld at $6.76 per share to cover taxes tied to her equity awards. This was a non-market transaction coded as a tax-withholding disposition, not an open-market sale. After this event, she directly held 35,104 shares of Katapult common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,424 | $6.76 | $10K |
Footnotes (1)
- On May 6, 2024, the reporting person was granted 23,000 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"). On June 16, 2023, the reporting person was granted 511,364 performance stock units ("PSUs") (which, following the Issuer's July 27, 2023 1-for-25 reverse stock split, resulted in 20,455 PSUs), one-third of which vested on March 15, 2024, 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 and the achievement of the applicable performance goals ("2023 Award"). The shares reported in Column 4 are shares withheld for the payment of taxes associated with the 2023 Award and 2024 Award.
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RSUs financial
performance stock units financial
reverse stock split financial
tax-withholding disposition financial
vesting financial
FAQ
What insider transaction did Katapult (KPLT) report for its CFO?
Nancy A. Walsh, Katapult’s Chief Financial Officer, reported a tax-withholding disposition of 1,424 common shares. The shares were withheld by the company to pay taxes on previously granted equity awards, rather than sold on the open market.
Was the Katapult CFO’s Form 4 transaction an open-market sale of KPLT stock?
No, the transaction was a tax-withholding disposition coded “F,” not an open-market sale. The 1,424 shares were withheld to satisfy tax obligations associated with her vested performance and restricted stock unit awards.
How are the Katapult CFO’s RSUs from the 2024 award scheduled to vest?
The 23,000 RSUs granted in 2024 vest one-third on March 15, 2025, with the remaining shares vesting in eight quarterly installments on May 15, August 15, November 15, and February 15, contingent on continued employment with Katapult.
What are the vesting conditions of the Katapult CFO’s 2023 PSU award?
The 2023 PSU award, adjusted to 20,455 PSUs after a reverse split, vests one-third on March 15, 2024. The remaining units vest in eight quarterly installments, subject to continued employment and achievement of specified performance goals.