Katapult Holdings (KPLT) investor updates 0.65% stake after 612,985-share transfer

Rhea-AI Filing Summary

Katapult Holdings, Inc. has an updated ownership report from HHCF Series 21 Sub, LLC and related reporting persons. They now report beneficial ownership of 32,262 shares of common stock, representing 0.65% of Katapult’s outstanding common stock, based on 4,972,405 shares outstanding as of June 30, 2026.

The filing states that on August 11, 2026, Hawthorn Horizon Credit Fund, LLC transferred 612,985 shares of Katapult common stock in a private transaction. Each of HHCF Series 21 Sub Holdco, LLC, Hawthorn Horizon Credit Fund, LLC, and Lane Risser disclaims beneficial ownership of the reported shares, except to the extent of any pecuniary interest.

Filing Explained

The remaining 32,262-share position carries shared voting and disposition powers, with related entities disclaiming ownership except for pecuniary interests.

The filing's current state is a residual position of 32,262 shares, or 0.65% of Katapult's common stock, with shared voting and disposition mechanics after the August 11, 2026 transfer.

Schedules 13D and 13G disclose ownership above 5%, while amendments track changes in stake or stated intent; this filing updates the reporting group's stake after that transfer.

The cover sheets attribute shared voting and/or disposition power over the remaining shares to the reporting persons, while Holdco, Hawthorn and Lane Risser disclaim beneficial ownership except to the extent of any pecuniary interest.

For the filing's stated prior-60-day window, the reported transfer is the only transaction identified by the reporting persons.

Key Figures

Beneficially owned shares: 32,262 shares Ownership percentage: 0.65% Shares outstanding: 4,972,405 shares +2 more

5 metrics

Beneficially owned shares 32,262 shares Katapult common stock beneficially owned by the reporting persons

Ownership percentage 0.65% Portion of Katapult common stock represented by 32,262 shares

Shares outstanding 4,972,405 shares Katapult common shares outstanding as of June 30, 2026, per Form 10-Q

Transferred shares 612,985 shares Katapult common shares transferred in a private transaction on August 11, 2026

Date of triggering event August 11, 2026 Date of the transaction requiring the amended ownership statement

Key Terms

beneficial ownership, pecuniary interest, private transaction, shared voting power, +1 more

5 terms

beneficial ownership financial

"Each of Holdco, Hawthorn and Mr. Risser disclaim beneficial ownership of these shares of Common Stock"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"disclaim beneficial ownership of these shares of Common Stock, except to the extent of its or his pecuniary interest"

private transaction financial

"On August 11, 2026, HHCF transferred 612,985 shares of the Issuer's Common Stock in a private transaction"

A private transaction is the sale or transfer of securities, assets, or ownership stakes carried out directly between a small number of parties rather than on a public exchange. For investors it matters because these deals are less visible and often less liquid than public trades, so pricing can be harder to verify, the investment can be harder to sell quickly, and buyers or sellers may gain strategic advantages not available in open markets — like negotiated terms similar to a private garage sale versus a crowded marketplace.

shared voting power financial

"Number of Shares Beneficially Owned by Each Reporting Person With: 7 | Sole Voting Power 0.00 8 | Shared Voting Power 32,262.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

dispositive power financial

"sole power to dispose or to direct the disposition: See line 9 of cover sheets"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

FAQ

What ownership stake in Katapult Holdings (KPLT) is reported in this Schedule 13D/A?

The reporting group discloses 32,262 shares of Katapult common stock, representing 0.65% of the outstanding shares, based on 4,972,405 shares outstanding as of June 30, 2026, per Katapult’s Form 10-Q.

Which entities and individuals are reporting ownership of Katapult (KPLT) shares?

The reporting persons are HHCF Series 21 Sub, LLC, HHCF Series 21 Sub Holdco, LLC, Hawthorn Horizon Credit Fund, LLC, and Lane Risser, each tied to the same 32,262 Katapult common shares reported as beneficially owned.

What transaction in Katapult (KPLT) shares occurred on August 11, 2026?

On August 11, 2026, Hawthorn Horizon Credit Fund, LLC transferred 612,985 shares of Katapult common stock in a private transaction, as disclosed in the updated ownership statement amending prior Schedule 13D disclosures.

How is the 0.65% ownership percentage in Katapult (KPLT) calculated?

The 0.65% ownership is calculated using 4,972,405 Katapult common shares outstanding, as reported in Katapult’s Form 10-Q for the quarter ended June 30, 2026, filed on August 4, 2026 with the SEC.

Do all Katapult (KPLT) reporting persons claim full beneficial ownership of the shares?

No. Holdco, Hawthorn, and Lane Risser each disclaim beneficial ownership of the Katapult shares reported, except to the extent of their respective pecuniary interest, if any, in those shares.

What voting and dispositive powers are reported over Katapult (KPLT) shares?

The reporting persons state 0 shares with sole voting power and 32,262 with shared voting power. Dispositive power is described as either 32,262 sole or shared, depending on the specific reporting entity’s cover page.

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Available on EDGAR 08/13/2026 - 05:16 PM Accepted by SEC EDGAR 08/13/2026 - 05:16 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 3)

Katapult Holdings, Inc.

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

485859201

(CUSIP Number)

Lane Risser
88 West Mound Street,
Columbus, OH, 43215
614-634-9100

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

08/11/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 485859201

1

Name of reporting person

HHCF Series 21 Sub, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 32,262.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 32,262.00

11

Aggregate amount beneficially owned by each reporting person

32,262.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.65 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

(1) Based on 4,972,405 shares of Common Stock outstanding as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026, filed with the Securities and Exchange Commission on August 4, 2026.

SCHEDULE 13D

CUSIP Number(s): 485859201

1

Name of reporting person

HHCF Series 21 Sub Holdco, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 32,262.00
9	Sole Dispositive Power 32,262.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

32,262.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.65 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

(1) Based on 4,972,405 shares of Common Stock outstanding as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026, filed with the Securities and Exchange Commission on August 4, 2026.

SCHEDULE 13D

CUSIP Number(s): 485859201

1

Name of reporting person

Hawthorn Horizon Credit Fund, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 32,262.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 32,262.00

11

Aggregate amount beneficially owned by each reporting person

32,262.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.65 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

(1) Based on 4,972,405 shares of Common Stock outstanding as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026, filed with the Securities and Exchange Commission on August 4, 2026.

SCHEDULE 13D

CUSIP Number(s): 485859201

1

Name of reporting person

Lane Risser

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 32,262.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 32,262.00

11

Aggregate amount beneficially owned by each reporting person

32,262.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.65 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

(1) Based on 4,972,405 shares of Common Stock outstanding as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026, filed with the Securities and Exchange Commission on August 4, 2026.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, par value $0.0001 per share
(b)	Name of Issuer: Katapult Holdings, Inc.
(c)	Address of Issuer's Principal Executive Offices: 5360 Legacy Drive, Building 2, Plano, TEXAS , 75024.
Item 1 Comment: By this exit Amendment No. 3, HHCF Series 21 Sub, LLC ("HHCF Sub") and the other Reporting Persons amend and supplement the responses to Items 4 and 5 of the Statement on Schedule 13D (the "Original Schedule 13D", as amended and supplemented through the date of this Amendment No. 3, the "Schedule 13D"), filed with respect to the shares of common stock, par value $0.0001 per share, of Katapult Holdings, Inc (the "Issuer"). Capitalized terms not otherwise defined have the meanings set forth in the Schedule 13D.
Item 4.	Purpose of Transaction
	Item 4 of the Schedule 13D is hereby amended and supplemented as follows: On August 11, 2026, HHCF transferred 612,985 shares of the Issuer's Common Stock in a private transaction.
Item 5.	Interest in Securities of the Issuer
(a)	Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows: HHCF Sub - 0.65% Holdco - 0.65% Hawthorn - 0.65% Mr. Risser - 0.65% Each of Holdco, Hawthorn and Mr. Risser disclaim beneficial ownership of these shares of Common Stock, except to the extent of its or his pecuniary interest in such shares, if any. Such percentages are based on 4,972,405 shares of Common Stock outstanding as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026, filed with the Securities and Exchange Commission on August 4, 2026.
(b)	(i) sole power to vote or to direct the vote: See line 7 of cover sheets. (ii) shared power to vote or to direct the vote: See line 8 of cover sheets. (iii) sole power to dispose or to direct the disposition: See line 9 of cover sheets. (iv) shared power to dispose or to direct the disposition: See line 10 of cover sheets.
(c)	Except as described in this Schedule 13D, none of the Reporting Persons have effected any transaction in the shares of Common Stock during the past 60 days.
(d)	No person other than the Reporting Persons disclosed in this Schedule 13D is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock subject to this Schedule 13D.
(e)	August 11, 2026

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

HHCF Series 21 Sub, LLC

Signature:	/s/ Lane Risser
Name/Title:	Lane Risser, Manager
Date:	08/13/2026

HHCF Series 21 Sub Holdco, LLC

Signature:	/s/ Lane Risser
Name/Title:	Lane Risser, Manager
Date:	08/13/2026

Hawthorn Horizon Credit Fund, LLC

Signature:	/s/ Lane Risser
Name/Title:	Lane Risser, Manager
Date:	08/13/2026

Lane Risser

Signature:	/s/ Lane Risser
Name/Title:	Lane Risser
Date:	08/13/2026