Medlin Derek 4

What Happened
Derek Medlin, COO of Katapult Holdings (KPLT), had 1,890 shares withheld on February 15, 2026 to satisfy tax withholding obligations tied to vested RSUs. The shares were valued at $6.51 each, for a total withholding value of approximately $12,304. This filing reports a disposition under code F (tax withholding), not an open-market sale.

Key Details

• Transaction date: February 15, 2026; Form 4 filed March 6, 2026.
• Withheld: 1,890 shares at $6.51 per share; total value ≈ $12,304.
• Transaction code: F (shares withheld to pay tax liability).
• Shares owned after transaction: not specified in the provided excerpt; see the full Form 4 for total beneficial ownership.
• Relevant footnotes: withholding relates to RSU awards granted in 2022, 2023 and 2024 (footnotes F1–F4) — the filing states the shares in Column 4 were withheld to pay taxes on those awards.
• Timing note: the Form 4 was filed ~19 days after the Feb 15 transaction (the typical Form 4 deadline is within two business days), so investors may wish to review the full filing for any timeliness disclosure.

Context
This is a routine tax-withholding event tied to RSU vesting (a non-cash disposition) and does not necessarily signal insider sentiment. Code F transactions are common when companies or insiders satisfy required tax withholding by retaining/sharing a portion of vested shares rather than selling shares on the open market.