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Katapult (KPLT) CFO uses 1,424 shares to cover tax obligations on equity awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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

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Insider Walsh Nancy A
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock 1,424 $6.76 $10K
Holdings After Transaction: Common Stock — 35,104 shares (Direct, null)
Footnotes (1)
  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.
Shares withheld for taxes 1,424 shares Tax-withholding disposition on May 15, 2026
Withholding price $6.76 per share Value used for tax-withholding shares
Shares held after transaction 35,104 shares Direct ownership after May 15, 2026 disposition
2024 RSU grant 23,000 RSUs Granted May 6, 2024 to CFO
2023 PSU grant pre-split 511,364 PSUs Granted June 16, 2023 before 1-for-25 reverse split
2023 PSU grant post-split 20,455 PSUs Adjusted after July 27, 2023 1-for-25 reverse split
RSUs financial
"the reporting person was granted 23,000 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.
performance stock units financial
"the reporting person was granted 511,364 performance stock units ("PSUs")"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
reverse stock split financial
"following the Issuer's July 27, 2023 1-for-25 reverse stock split"
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
tax-withholding disposition financial
"shares reported in Column 4 are shares withheld for the payment of taxes"
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 financial
"one-third of which vested on March 15, 2025, and the remainder scheduled to vest"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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*
Walsh Nancy A

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial 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)
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 Stock05/15/2026F1,424D$6.7635,104(1)(2)(3)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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").
2. 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").
3. The shares reported in Column 4 are shares withheld for the payment of taxes associated with the 2023 Award and 2024 Award.
Remarks:
/s/ Ryan Wigdor, as Attorney-in-Fact for Nancy Walsh05/19/2026
** 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)

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 many Katapult (KPLT) shares does the CFO hold after this Form 4?

After the tax-withholding disposition, Nancy A. Walsh directly holds 35,104 shares of Katapult common stock. This figure represents her direct ownership position following the 1,424 shares withheld for tax purposes on May 15, 2026.

What equity awards are linked to the Katapult CFO’s tax-withholding shares?

The withheld shares relate to a 2024 award of 23,000 RSUs and a 2023 performance stock unit award that became 20,455 PSUs after a reverse split. Vesting is scheduled quarterly, subject to continued employment and performance goals.

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.