Director at Katapult (KPLT) awarded 20,979 DSUs for board service
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gayhardt Donald reported acquisition or exercise transactions in this Form 4 filing.
Katapult Holdings director Donald Gayhardt reported an equity grant of 20,979 shares of Common Stock as a deferred stock unit award. The grant is compensation for service as a director and is priced at $7.15 per share. These deferred restricted stock units vest on the earlier of April 30, 2027 or the company’s 2027 Annual Meeting of Stockholders, provided he continues serving as a director through the vesting date. Following this award, he directly holds 62,460 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gayhardt Donald
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,979 | $7.15 | $150K |
Holdings After Transaction:
Common Stock — 62,460 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant: 20,979 shares of Common Stock
Grant price: $7.15 per share
Holdings after grant: 62,460 shares
+1 more
4 metrics
Equity grant
20,979 shares of Common Stock
Annual grant of deferred restricted stock units for director service
Grant price
$7.15 per share
Reported transaction price for the awarded Common Stock
Holdings after grant
62,460 shares
Total Common Stock held directly after the acquisition
Vesting condition
Earlier of April 30, 2027 or 2027 Annual Meeting
DSU vesting date, subject to continued board service
Key Terms
deferred restricted stock units ("DSUs"), Annual Meeting of Stockholders, vesting date
3 terms
deferred restricted stock units ("DSUs") financial
"Annual grant of deferred restricted stock units ("DSUs") for service as a director"
Annual Meeting of Stockholders financial
"the date of the Issuer's 2027 Annual Meeting of Stockholders"
vesting date financial
"continued service as a director of the Issuer through the vesting date"
FAQ
What insider transaction did Katapult (KPLT) director Donald Gayhardt report?
Donald Gayhardt reported receiving 20,979 shares of Katapult Common Stock as an equity grant. The award is structured as deferred stock units for his service as a director and is reported at a price of $7.15 per share under a Form 4 filing.
When do Donald Gayhardt’s Katapult (KPLT) deferred stock units vest?
The deferred stock units vest on the earlier of April 30, 2027 or the date of Katapult’s 2027 Annual Meeting of Stockholders. Vesting is conditioned on Gayhardt’s continued service as a director of the company through the applicable vesting date, according to the filing footnote.
What type of award did Katapult (KPLT) grant to director Donald Gayhardt?
Katapult granted Donald Gayhardt an annual award of deferred restricted stock units, or DSUs, tied to his director service. The Form 4 classifies this as an acquisition coded “A” for a grant, award, or other acquisition of 20,979 shares of Common Stock.
Was Donald Gayhardt’s Katapult (KPLT) Form 4 a market buy or a compensation grant?
The Form 4 reflects a compensation grant, not a market purchase. It shows a code “A” transaction, described as a grant, award, or other acquisition of 20,979 deferred restricted stock units for director service, rather than an open-market buy or sell of Katapult shares.