Katapult Holdings (KPLT) director acquires 203,202 shares in merger-related exchange
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 203,202 shares
Net Buy
1 txn
Insider
DeVault Lynn
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 203,202 | -- | -- |
Holdings After Transaction:
Common Stock — 203,202 shares (Direct)
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
Shares acquired: 203,202 shares of Common Stock
Total shares after transaction: 203,202 shares
Units exchanged: 6,286,289 Class D Preferred Units
+1 more
4 metrics
Shares acquired
203,202 shares of Common Stock
Non-derivative acquisition coded “A” on 2026-08-11
Total shares after transaction
203,202 shares
Direct holdings of DeVault Lynn following the transaction
Units exchanged
6,286,289 Class D Preferred Units
CCF Holdings, LLC units exchanged for Katapult common shares in the mergers
Referenced closing price
$8.00 per share
Closing price of Katapult common stock on the mergers’ effective date
Key Terms
Class D Preferred Units, Mergers, Grant, award, or other acquisition, Common Stock
4 terms
Class D Preferred Units financial
"Received in exchange for 6,286,289 Class D Preferred Units of CCF Holdings, LLC"
Mergers financial
"in connection with the mergers of Aaron's Intermediate Holdco, Inc. and CCF Holdings, LLC"
A merger is when two companies join to form a single business, combining their assets, operations and leadership much like two households moving into one home to share resources and cut duplicate costs. For investors, mergers matter because they can change a company's future profits and risk: successful mergers may boost growth and lower costs, while failed integrations can hurt earnings, alter share counts and shift stock prices.
Grant, award, or other acquisition financial
"transaction code "A" with description Grant, award, or other acquisition"
Common Stock financial
"security_title listed as Common Stock in the non-derivative transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Katapult (KPLT) director DeVault Lynn report in this Form 4?
DeVault Lynn reported acquiring 203,202 shares of Katapult common stock. These shares were received in connection with mergers involving CCF Holdings, LLC and Aaron's Intermediate Holdco, Inc. into Katapult.
What transaction type is reported in DeVault Lynn’s Katapult (KPLT) Form 4?
The Form 4 shows an acquisition coded “A”, described as a grant, award, or other acquisition of common stock tied to the merger-related exchange of units for Katapult shares.
What stock price is referenced in the Katapult (KPLT) Form 4 footnote?
The footnote states that on the effective date of the mergers, the closing price of Katapult’s common stock was $8.00 per share. This price is cited for context with the merger exchange.
Is DeVault Lynn’s Katapult (KPLT) Form 4 transaction under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote indicating a trading plan. The reported acquisition is tied to the merger exchange, not to a 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.