Katapult Holdings Board Changes and Executive Compensation
Ticker: KPLTW · Form: 8-K · Filed: Aug 22, 2024 · CIK: 1785424
| Field | Detail |
|---|---|
| Company | Katapult Holdings, Inc. (KPLTW) |
| Form Type | 8-K |
| Filed Date | Aug 22, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $472,500, $520,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-change, executive-compensation, filing
Related Tickers: KPLT
TL;DR
Katapult board shakeup: Steven Van Roekel out, exec pay details disclosed.
AI Summary
Katapult Holdings, Inc. announced on August 16, 2024, a change in its board of directors. Specifically, Steven Van Roekel resigned from his position as a Class II Director. The company also reported on compensatory arrangements for its named executive officers.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, while updates on executive compensation are closely watched by investors for alignment with performance.
Risk Assessment
Risk Level: medium — Board changes and executive compensation disclosures can sometimes precede or accompany significant strategic shifts or financial performance announcements.
Key Players & Entities
- Katapult Holdings, Inc. (company) — Registrant
- Steven Van Roekel (person) — Resigned Director
- August 16, 2024 (date) — Date of earliest event reported
- FinServ Acquisition Corp. (company) — Former Company Name
FAQ
Who resigned from the board of directors at Katapult Holdings, Inc.?
Steven Van Roekel resigned from his position as a Class II Director.
What is the exact date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is August 16, 2024.
What items are being reported in this 8-K filing?
This 8-K reports on the departure of directors, election of directors, appointment of officers, and compensatory arrangements of certain officers, as well as financial statements and exhibits.
What was Katapult Holdings, Inc.'s former company name?
Katapult Holdings, Inc.'s former company name was FinServ Acquisition Corp.
What is the state of incorporation for Katapult Holdings, Inc.?
Katapult Holdings, Inc. is incorporated in Delaware.
Filing Stats: 633 words · 3 min read · ~2 pages · Grade level 10.6 · Accepted 2024-08-22 07:34:07
Key Financial Figures
- $0.0001 — ich Registered Common Stock, par value $0.0001 per share KPLT The Nasdaq Stock Market
- $472,500 — 's base compensation was increased from $472,500 to $520,000. Additionally, his short-te
- $520,000 — ensation was increased from $472,500 to $520,000. Additionally, his short-term incentive
Filing Documents
- kplt-20240816.htm (8-K) — 35KB
- ex99181620248k.htm (EX-99.1) — 12KB
- kpltlogoa.jpg (GRAPHIC) — 53KB
- 0001628280-24-038105.txt ( ) — 293KB
- kplt-20240816.xsd (EX-101.SCH) — 3KB
- kplt-20240816_def.xml (EX-101.DEF) — 16KB
- kplt-20240816_lab.xml (EX-101.LAB) — 28KB
- kplt-20240816_pre.xml (EX-101.PRE) — 17KB
- kplt-20240816_htm.xml (XML) — 4KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Exhibit 99.1 Press Release of Katapult Holdings, Inc. dated August 22, 2024 104 Cover Page Interactive Data File (embedded within the inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 22, 2024 /s/ Orlando Zayas Name: Orlando Zayas Title: Chief Executive Officer