Form 4: Katapult Holdings Director Jane J. Thompson Reports Changes in Beneficial Ownership

Director Jane J. Thompson reports acquisition of deferred restricted stock units and disposal of common stock in Katapult Holdings, Inc.

Summary

• On June 5, 2024, Jane J. Thompson, a director of Katapult Holdings, Inc., reported changes in beneficial ownership.
• Thompson acquired 9,310 shares of common stock through an annual grant of deferred restricted stock units (DSUs) for service as a director.
• These DSUs vest on the earlier of June 5, 2025, or the date of the Issuer's 2025 Annual Meeting of Stockholders, contingent upon continued service as a director.
• Thompson also disposed of 9,310 shares of common stock.
• Following these transactions, Thompson beneficially owns 28,760 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and alignment of interests between the director and the company. There are no indications of negative events or concerns.

Positives

• The grant of deferred restricted stock units aligns the director's interests with the long-term performance of the company.

Future Outlook

The vesting of the DSUs is contingent upon the Reporting Person's continued service as a director of the Issuer through the vesting date.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.
• The vesting of DSUs incentivizes the director to act in the best interests of the company and its shareholders.

Key Dates