Katapult (KPLT) 10% Owner IQV Holdco Distributes 11.37M Shares

What Happened
IQV Holdco, LLC, a reported 10% owner of Katapult Holdings, disclosed an "other acquisition or disposition" (transaction code J) on 2026-08-11 involving 11,369,326 shares of KPLT. The shares were reported at $0.00 per share (total reported value $0), indicating a transfer or pro rata distribution rather than an open-market sale. The Form 4 was filed on 2026-08-12.

Key Details

• Transaction date: 2026-08-11; Form 4 filed: 2026-08-12 (timely filing).
• Transaction type/code: J (other acquisition or disposition).
• Shares reported disposed/transferred: 11,369,326; reported price: $0.00; reported value: $0.
• Footnote: the filing states (i) a transfer of 57,801 shares from IQV Holdco to Brent Turner, (ii) a pro rata distribution from IQV Holdco to its members (including KMJ Group Holdings, LLC), and (iii) a pro rata distribution from KMJ to its members of the shares it received.
• Shares owned after transaction: not specified in the provided filing details.
• Insider status: IQV Holdco is a 10% owner (institutional/ownership entity), not an individual executive—this appears to be an internal distribution/ownership reorganization, not a typical buy/sell by an officer or director.

Context
Transaction code J is used for transfers or other dispositions that don't fit standard buy/sell categories (e.g., distributions among related entities). Because the transfer is reported at $0 and involves pro rata distributions among related entities, this filing likely reflects internal ownership reshuffling rather than a market sale; such transfers do not necessarily signal management sentiment about the stock.