Walsh Nancy A 4
4 · Katapult Holdings, Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Katapult (KPLT) CFO Nancy Walsh Sells 1,424 Shares for Taxes
What Happened
Nancy A. Walsh, Chief Financial Officer of Katapult Holdings, had 1,424 shares withheld by the company to satisfy tax obligations related to equity awards. The shares were recorded as disposed at a price of $6.76 per share, for a total value of $9,626. This action is a tax-withholding event (transaction code F), not an open-market sale by the insider.
Key Details
- Transaction date: May 15, 2026; Form 4 filed May 19, 2026 (timely within the two-business-day filing requirement).
- Shares withheld/disposed: 1,424 at $6.76 each, total $9,626.
- Shares owned after transaction: not stated in the filing.
- Footnotes:
- F1: Walsh was granted 23,000 RSUs on May 6, 2024 with staggered vesting (one-third vested March 15, 2025; remainder in quarterly installments).
- F2: Walsh was granted PSUs on June 16, 2023 (originally 511,364, converted to 20,455 after a 1-for-25 reverse split) with vesting tied to time and performance.
- F3: The reported shares were withheld to pay taxes associated with the 2023 and 2024 awards.
- Transaction code meaning: F = payment of exercise price or tax liability (here used for tax withholding related to vested awards).
Context
Tax-withholding disposals are routine administrative actions when restricted or performance shares vest; they do not necessarily indicate insider sentiment about the company's stock. The filing shows these shares were withheld to cover taxes on vested RSUs/PSUs rather than sold on the open market.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2][F3]2026-05-15$6.76/sh−1,424$9,626→ 35,104 total
Footnotes (3)
- [F1]On May 6, 2024, the reporting person was granted 23,000 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").
- [F2]On June 16, 2023, the reporting person was granted 511,364 performance stock units ("PSUs") (which, following the Issuer's July 27, 2023 1-for-25 reverse stock split, resulted in 20,455 PSUs), one-third of which vested on March 15, 2024, 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 and the achievement of the applicable performance goals ("2023 Award").
- [F3]The shares reported in Column 4 are shares withheld for the payment of taxes associated with the 2023 Award and 2024 Award.