Form 4: Katapult Director Jane J. Thompson Acquires Over 16,000 Shares Through Annual DSU Grant

Katapult Holdings, Inc. Director Jane J. Thompson has acquired 16,575 shares of common stock as part of her annual deferred restricted stock unit grant, increasing her direct beneficial ownership to 45,335 shares.

Summary

• Jane J. Thompson, a Director of Katapult Holdings, Inc. (KPLT), acquired 16,575 shares of common stock on June 4, 2025.
• The acquisition was an annual grant of deferred restricted stock units (DSUs) for her service as a director.
• The DSUs were acquired at a price of $9.05 per share, totaling approximately $150,000 in value.
• Following this transaction, Ms. Thompson's direct beneficial ownership in Katapult Holdings, Inc. stands at 45,335 shares.
• The DSUs are subject to vesting on the earlier of June 4, 2026, or the date of the Issuer's 2026 Annual Meeting of Stockholders, contingent upon her continued service as a director.

Sentiment

Score: 7

Explanation: The document reports a routine annual equity grant to a director, which is a positive sign of aligning management interests with shareholders. There are no negative or unexpected elements reported.

Positives

• The acquisition of shares by a director through an equity grant aligns the director's interests with those of the shareholders, promoting long-term value creation.
• The grant is part of a routine annual compensation structure for directors, indicating stable corporate governance practices regarding executive and director incentives.

Risks

• The vesting of the deferred restricted stock units is contingent upon Jane J. Thompson's continued service as a director of Katapult Holdings, Inc. through the vesting date.

Future Outlook

The deferred restricted stock units granted to Director Jane J. Thompson are expected to vest on the earlier of June 4, 2026, or the date of the Issuer's 2026 Annual Meeting of Stockholders, provided her continued service as a director.

Industry Context

This transaction is a standard practice in public companies where directors receive equity compensation, such as deferred restricted stock units, as part of their remuneration package. This method is widely used to align the interests of directors with long-term shareholder value.

Stakeholder Impact

• Shareholders: The equity grant to a director helps align the director's financial interests with the long-term performance of the company, potentially benefiting shareholders through improved governance and strategic decisions.

Next Steps

• Vesting of the 16,575 deferred restricted stock units on the earlier of June 4, 2026, or the 2026 Annual Meeting of Stockholders, subject to continued service.

Key Dates

Recommendation

Keywords

Katapult Holdings, KPLT, Form 4, Insider Transaction, Director Compensation, Deferred Restricted Stock Units, DSU, Equity Grant, Share Acquisition, Corporate Governance