Katapult director receives 203,202 shares via merger
Katapult Holdings, Inc. director DeVault Lynn reported an acquisition of 203,202 shares of Common Stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Katapult Holdings, Inc. director DeVault Lynn reported an acquisition of 203,202 shares of Common Stock. According to the footnote, these shares were received in exchange for 6,286,289 Class D Preferred Units of CCF Holdings, LLC in connection with mergers into Katapult. Following this exchange, Lynn directly holds 203,202 common shares. The footnote notes that on the effective date of the mergers, Katapult’s common stock closing price was $8.00 per share.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 203,202 | -- | -- |
Footnotes (1)
- F1. Received in exchange for 6,286,289 Class D Preferred Units of CCF Holdings, LLC 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.
Key Figures
Key Terms
Class D Preferred Units financial
Mergers financial
Grant, award, or other acquisition financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Katapult (KPLT) director DeVault Lynn report in this Form 4?
What transaction type is reported in DeVault Lynn’s Katapult (KPLT) Form 4?
What stock price is referenced in the Katapult (KPLT) Form 4 footnote?
Is DeVault Lynn’s Katapult (KPLT) Form 4 transaction under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.