Katapult president reports merger-related stock awards

Katapult Holdings, Inc. president William C. Baker reported two equity-related transactions involving common stock.

Rhea-AI Filing Summary

Katapult Holdings, Inc. president William C. Baker reported two equity-related transactions involving common stock. An entity associated with him, Penn River Ventures, LLC, received 1,268,047 shares indirectly in exchange for contributing 41.4 units of CCFI MIP Holdings LLC as part of mergers involving Aaron's Intermediate Holdco, Inc. and CCF Holdings, LLC; on the mergers’ effective date, the closing share price was $8.00. He also reported a disposition of 393,082 directly held shares at $0.00 per share in connection with an award of restricted stock units that will vest over two years, with 25% vesting on February 11, 2027 and the balance in three substantially equal semi-annual installments each February 11 and August 11, subject to continued employment.

Insider Trade Summary

Grant/Award: 1,661,129 shares

Grant/Award 2 txns

Insider BAKER WILLIAM C

Role President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	1,268,047	--	--
Grant/Award	Common Stock F2	393,082	$0.00	$0.00

Holdings After Transaction: Common Stock — 1,268,047 shares (Indirect, By Penn River Ventures, LLC); Common Stock — 393,082 shares (Direct)

Footnotes (2)

1. F1. Received in exchange for the contribution and assignment of 41.4 units of CCFI MIP Holdings LLC to the Issuer in exchange for shares of the Issuer's common stock in connection with the mergers of Aaron's Intermediate Holdco, Inc. and CCF Holdings, LLC with subsidiaries of 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.
2. F2. Reflects an award of restricted stock units pursuant ("RSUs") as part of the mergers of Aaron's Intermediate Holdco, Inc. and CCF Holdings, LLC into the Issuer that will vest over two years, with 25% of the RSUs vesting on February 11, 2027, and the remaining RSUs vesting thereafter in three substantially equal semi-annual installments on the 11th of each of February and August of each year, subject to the Reporting Person's continued employment with the Issuer on each applicable vesting date.

Key Figures

Indirect shares acquired: 1,268,047 shares Units contributed: 41.4 units Closing share price on merger date: $8.00 per share +3 more

6 metrics

Indirect shares acquired 1,268,047 shares Common stock held indirectly by Penn River Ventures, LLC after merger-related exchange

Units contributed 41.4 units Units of CCFI MIP Holdings LLC contributed in exchange for Katapult shares

Closing share price on merger date $8.00 per share Closing price of Katapult common stock on the effective date of the mergers

Direct shares disposed 393,082 shares Common stock disposed of directly at $0.00 per share in connection with RSU award

RSU vesting start date February 11, 2027 25% of RSUs vest on this date, subject to continued employment

RSU vesting schedule 3 semi-annual installments Remaining RSUs vest in three substantially equal installments each February 11 and August 11

Key Terms

restricted stock units, indirect, nature of ownership, closing price, +1 more

5 terms

restricted stock units financial

"Reflects an award of restricted stock units pursuant ("RSUs") as part of the mergers"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

indirect financial

"total_shares_following_transaction 1268047.0000, direct_or_indirect "I""

nature of ownership financial

"direct_or_indirect "I", nature_of_ownership "By Penn River Ventures, LLC""

closing price financial

"On the effective date of the Mergers, the closing price of the Issuer's common stock was $8.00"

continued employment financial

"subject to the Reporting Person's continued employment with the Issuer on each applicable vesting date"

Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Katapult Holdings (KPLT) report for William C. Baker?

Katapult Holdings reported that William C. Baker, its president, indirectly acquired 1,268,047 shares via Penn River Ventures, LLC and disposed of 393,082 directly held shares at $0.00 per share, both tied to merger-related equity arrangements.

How many Katapult Holdings (KPLT) shares did Penn River Ventures, LLC receive?

Penn River Ventures, LLC, associated with William C. Baker, received 1,268,047 Katapult Holdings common shares indirectly, in exchange for contributing 41.4 units of CCFI MIP Holdings LLC as part of mergers involving Katapult subsidiaries.

What was the implied share price in the Katapult (KPLT) merger-related grant?

On the effective date of the mergers, the closing price of Katapult Holdings common stock was $8.00 per share, which is disclosed as the market price when the 1,268,047-share indirect equity exchange occurred.

What restricted stock unit (RSU) award did Katapult (KPLT) grant to William C. Baker?

Katapult granted 393,082 RSUs to William C. Baker as part of the mergers. These RSUs vest over two years, starting with 25% on February 11, 2027, with remaining units vesting in three semi-annual installments, subject to continued employment.

When will William C. Baker’s RSUs in Katapult Holdings (KPLT) vest?

The RSUs will vest over two years: 25% on February 11, 2027, and the remaining 75% in three substantially equal semi-annual installments on each February 11 and August 11, contingent on continued employment with Katapult.

Were Katapult Holdings (KPLT) insider transactions under a Rule 10b5-1 plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, meaning these transactions were not reported as executed under a pre-arranged 10b5-1 trading plan based on the form’s designation.

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

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Accepted by SEC EDGAR 08/12/2026 - 07:01 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

BAKER WILLIAM C

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/11/2026		A		1,268,047	A	(1)	1,268,047	I	By Penn River Ventures, LLC
Common Stock	08/11/2026		A		393,082(2)	D	$0	393,082	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Received in exchange for the contribution and assignment of 41.4 units of CCFI MIP Holdings LLC to the Issuer in exchange for shares of the Issuer's common stock in connection with the mergers of Aaron's Intermediate Holdco, Inc. and CCF Holdings, LLC with subsidiaries of 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.

2. Reflects an award of restricted stock units pursuant ("RSUs") as part of the mergers of Aaron's Intermediate Holdco, Inc. and CCF Holdings, LLC into the Issuer that will vest over two years, with 25% of the RSUs vesting on February 11, 2027, and the remaining RSUs vesting thereafter in three substantially equal semi-annual installments on the 11th of each of February and August of each year, subject to the Reporting Person's continued employment with the Issuer on each applicable vesting date.

	/s/ Ryan Wigdor, as attorney-in-fact for William Baker	08/12/2026
	** Signature of Reporting Person	Date
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)