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Katapult (KPLT) CEO reports 868-share tax withholding from RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Katapult Holdings, Inc. Chief Executive Officer Orlando Zayas reported a routine tax-withholding disposition of 868 shares of common stock at $6.76 per share. These shares were withheld to pay taxes on previously granted restricted stock units from a 2024 equity award. Following this transaction, he directly holds 130,684 shares of Katapult common stock.

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Insider Zayas Orlando
Role Chief Executive Officer
Type Security Shares Price Value
Tax Withholding Common Stock 868 $6.76 $6K
Holdings After Transaction: Common Stock — 130,684 shares (Direct, null)
Footnotes (1)
  1. On May 6, 2024, the reporting person was granted 26,500 RSUs, one-third of which vested on March 15, 2025, and the remainder scheduled to vest thereafter in eight quarterly installments on each of May 15, August 15, November 15 and February 15 subject to the reporting person's continued employment with the Issuer on each applicable vesting date (the "2024 Award"). The shares reported in Column 4 are shares withheld for the payment of taxes associated with the 2024 Award.
Shares withheld for taxes 868 shares Tax-withholding disposition of common stock
Withholding price per share $6.76 per share Value used for tax-withholding shares
Shares held after transaction 130,684 shares CEO direct common stock holdings post-transaction
2024 RSU grant size 26,500 RSUs Restricted stock units granted May 6, 2024
Initial RSU vesting portion One-third of 26,500 RSUs Vested on March 15, 2025 under 2024 award
Remaining RSU vesting schedule Eight quarterly installments On May 15, August 15, November 15 and February 15
RSUs financial
"the reporting person was granted 26,500 RSUs, one-third of which vested"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vested financial
"one-third of which vested on March 15, 2025, and the remainder scheduled"
withheld for the payment of taxes financial
"The shares reported in Column 4 are shares withheld for the payment of taxes"
restricted stock units financial
"associated with the 2024 Award, a grant of restricted stock units"
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.
vesting date financial
"subject to the reporting person's continued employment with the Issuer on each applicable vesting date"
SEC Form 4
FORM 4UNITED 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*
Zayas Orlando

(Last)(First)(Middle)
5360 LEGACY DRIVE
BUILDING 2

(Street)
PLANO TEXAS 75024-7141

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/15/2026F868D$6.76130,684(1)(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On May 6, 2024, the reporting person was granted 26,500 RSUs, one-third of which vested on March 15, 2025, and the remainder scheduled to vest thereafter in eight quarterly installments on each of May 15, August 15, November 15 and February 15 subject to the reporting person's continued employment with the Issuer on each applicable vesting date (the "2024 Award").
2. The shares reported in Column 4 are shares withheld for the payment of taxes associated with the 2024 Award.
Remarks:
/s/ Ryan Wigdor, as Attorney-in-Fact for Orlando Zayas05/19/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Katapult (KPLT) CEO Orlando Zayas report?

Katapult CEO Orlando Zayas reported a tax-withholding disposition of shares. The company withheld 868 common shares to cover taxes due on a previously granted restricted stock unit award, rather than an open-market sale initiated by the executive.

How many Katapult (KPLT) shares were withheld for taxes and at what price?

A total of 868 Katapult common shares were withheld for taxes at $6.76 per share. This transaction relates to tax obligations from vesting restricted stock units under a 2024 equity award granted to the Chief Executive Officer.

How many Katapult (KPLT) shares does the CEO hold after this Form 4?

After the tax-withholding transaction, the CEO directly holds 130,684 Katapult common shares. This figure reflects his position following the 868-share withholding to satisfy tax liabilities associated with the vesting of his 2024 restricted stock unit award.

What is the background of the 2024 RSU award reported for Katapult (KPLT) CEO?

On May 6, 2024, the CEO was granted 26,500 restricted stock units. One-third vested on March 15, 2025, with the remaining units scheduled to vest in eight quarterly installments, contingent on continued employment with Katapult on each vesting date.

Is the Katapult (KPLT) CEO’s Form 4 transaction an open-market sale?

The transaction is not an open-market sale. The 868 shares of Katapult common stock were withheld by the company solely to pay taxes tied to vesting restricted stock units from the CEO’s 2024 equity award.