secwatch.observer — SEC 8-K summary
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Issuer:     Katapult Holdings, Inc. (KPLT)
CIK:        0001785424
Form:       8-K
Filed at:   2022-02-10T23:59:59+00:00
Accession:  0001628280-22-002215
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Katapult appoints two new directors; Joanne Bradford resigns, board expands to eight
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- Joanne Bradford resigned as director effective Feb 8, 2022; no disagreement with Katapult.
- Jane J. Thompson appointed to Board and as chair of Compensation Committee, effective Feb 9, 2022.
- Joyce Phillips appointed to Board and to Audit Committee; Board size increased from 7 to 8.
- New directors receive $50k annual cash, $15k (Thompson) or $10k (Phillips) committee fees, and 123,967 RSUs each.
- Thompson brings retail/financial services leadership from Walmart and Sears; Phillips has fintech/retail banking experience.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785424/000162828022002215/0001628280-22-002215-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785424/000162828022002215/kplt-20220210.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-002215

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer