HHCF Series 21 Sub, LLC - 10 Aug 2026 Form 4 Insider Report for Katapult Holdings, Inc. (KPLT)

Reporting relationship: 10%+ Owner
Issuer ticker: KPLT
Reported as of: 10 Aug 2026
Net transaction value: -$6,468
SEC form: 4
Accepted by SEC: 12 Aug 2026, 17:00:26 UTC
Prior SEC filing: 10 Nov 2025
Next SEC filing: 13 Aug 2026
Source filing: View source filing
Reporting owner signature: /s/ Lane Risser, Manager of HHCF Series 21 Sub, LLC

Key filing fact

HHCF Series 21 Sub, LLC filed Form 4 for Katapult Holdings, Inc. (KPLT) on 12 Aug 2026.

Key facts

This page summarizes HHCF Series 21 Sub, LLC's Form 4 filing for Katapult Holdings, Inc. (KPLT).
8 reported transactions and 16 derivative rows are listed below.
Accepted by SEC: 12 Aug 2026, 17:00.

Change

Previous filing in this sequence was filed on 10 Nov 2025.
Current net transaction value: -$6,468.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (4)

CIK 0002095529 Primary reporting owner

HHCF Series 21 Sub, LLC

Relationship: 10%+ Owner
Address: C/O VELO3D, INC., 2710 LAKEVIEW CT., FREMONT
Signature: /s/ Lane Risser, Manager of HHCF Series 21 Sub, LLC
Signature date: 12 Aug 2026

CIK 0002095528

HHCF Series 21 Sub Holdco, LLC

Relationship: 10%+ Owner
Address: C/O VELO3D, INC., 2710 LAKEVIEW CT., FREMONT
Signature: /s/ Lane Risser, Manager of HHCF Series 21 Sub Holdco, LLC
Signature date: 12 Aug 2026

CIK 0002095523

Hawthorn Horizon Credit Fund LLC, Series 21

Relationship: 10%+ Owner
Address: C/O VELO3D, INC., 2710 LAKEVIEW CT., FREMONT
Signature: /s/ Lane Risser, Manager of Hawthorn Horizon Credit Fund LLC, Series 21
Signature date: 12 Aug 2026

CIK 0002095688

Risser Lane

Relationship: 10%+ Owner
Address: C/O VELO3D, INC., 2710 LAKEVIEW CT., FREMONT
Signature: /s/ Lane Risser
Signature date: 12 Aug 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KPLT transaction

Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value
Shares: +486,264
Change %
Price: $0.0100^*
Shares after: 486,264
Date: 10 Aug 2026
Ownership: Direct
Footnotes: F1

KPLT transaction

Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value
Shares: +486,264
Change %
Price: $0.0100^*
Shares after: 486,264
Date: 10 Aug 2026
Ownership: Direct
Footnotes: F1

KPLT transaction

Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value
Shares: +486,264
Change %
Price: $0.0100^*
Shares after: 486,264
Date: 10 Aug 2026
Ownership: Direct
Footnotes: F1

KPLT transaction

Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value
Shares: +486,264
Change %
Price: $0.0100^*
Shares after: 486,264
Date: 10 Aug 2026
Ownership: Direct
Footnotes: F1

KPLT transaction

Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value
Shares: +160,000
Change %: +33%
Price: $0.0100^*
Shares after: 646,264
Date: 10 Aug 2026
Ownership: Direct
Footnotes: F1

KPLT transaction

Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value
Shares: +160,000
Change %: +33%
Price: $0.0100^*
Shares after: 646,264
Date: 10 Aug 2026
Ownership: Direct
Footnotes: F1

KPLT transaction

Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value
Shares: +160,000
Change %: +33%
Price: $0.0100^*
Shares after: 646,264
Date: 10 Aug 2026
Ownership: Direct
Footnotes: F1

KPLT transaction

Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value
Shares: +160,000
Change %: +33%
Price: $0.0100^*
Shares after: 646,264
Date: 10 Aug 2026
Ownership: Direct
Footnotes: F1

KPLT transaction

Common Stock

Sale

Transaction value: $4,865
Shares: -765
Change %: -0.12%
Price: $6.36
Shares after: 645,499
Date: 10 Aug 2026
Ownership: Direct
Footnotes: F1, F2

KPLT transaction

Common Stock

Sale

Transaction value: $4,865
Shares: -765
Change %: -0.12%
Price: $6.36
Shares after: 645,499
Date: 10 Aug 2026
Ownership: Direct
Footnotes: F1, F2

KPLT transaction

Common Stock

Sale

Transaction value: $4,865
Shares: -765
Change %: -0.12%
Price: $6.36
Shares after: 645,499
Date: 10 Aug 2026
Ownership: Direct
Footnotes: F1, F2

KPLT transaction

Common Stock

Sale

Transaction value: $4,865
Shares: -765
Change %: -0.12%
Price: $6.36
Shares after: 645,499
Date: 10 Aug 2026
Ownership: Direct
Footnotes: F1, F2

KPLT transaction

Common Stock

Sale

Transaction value: $1,603
Shares: -252
Change %: -0.04%
Price: $6.36
Shares after: 645,247
Date: 10 Aug 2026
Ownership: Direct
Footnotes: F1, F3

KPLT transaction

Common Stock

Sale

Transaction value: $1,603
Shares: -252
Change %: -0.04%
Price: $6.36
Shares after: 645,247
Date: 10 Aug 2026
Ownership: Direct
Footnotes: F1, F3

KPLT transaction

Common Stock

Sale

Transaction value: $1,603
Shares: -252
Change %: -0.04%
Price: $6.36
Shares after: 645,247
Date: 10 Aug 2026
Ownership: Direct
Footnotes: F1, F3

KPLT transaction

Common Stock

Sale

Transaction value: $1,603
Shares: -252
Change %: -0.04%
Price: $6.36
Shares after: 645,247
Date: 10 Aug 2026
Ownership: Direct
Footnotes: F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KPLT transaction Derivative

Warrants (right to buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value
Shares: -486,264
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 10 Aug 2026
Ownership: Direct
Underlying class: Common stock
Underlying amount: 486,264
Exercise price: $0.0100
Footnotes: F1

KPLT transaction Derivative

Warrants (right to buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value
Shares: -486,264
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 10 Aug 2026
Ownership: Direct
Underlying class: Common stock
Underlying amount: 486,264
Exercise price: $0.0100
Footnotes: F1

KPLT transaction Derivative

Warrants (right to buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value
Shares: -486,264
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 10 Aug 2026
Ownership: Direct
Underlying class: Common stock
Underlying amount: 486,264
Exercise price: $0.0100
Footnotes: F1

KPLT transaction Derivative

Warrants (right to buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value
Shares: -486,264
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 10 Aug 2026
Ownership: Direct
Underlying class: Common stock
Underlying amount: 486,264
Exercise price: $0.0100
Footnotes: F1

KPLT transaction Derivative

Warrants (right to buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value
Shares: -160,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 10 Aug 2026
Ownership: Direct
Underlying class: Common stock
Underlying amount: 160,000
Exercise price: $0.0100
Footnotes: F1

KPLT transaction Derivative

Warrants (right to buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value
Shares: -160,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 10 Aug 2026
Ownership: Direct
Underlying class: Common stock
Underlying amount: 160,000
Exercise price: $0.0100
Footnotes: F1

KPLT transaction Derivative

Warrants (right to buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value
Shares: -160,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 10 Aug 2026
Ownership: Direct
Underlying class: Common stock
Underlying amount: 160,000
Exercise price: $0.0100
Footnotes: F1

KPLT transaction Derivative

Warrants (right to buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value
Shares: -160,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 10 Aug 2026
Ownership: Direct
Underlying class: Common stock
Underlying amount: 160,000
Exercise price: $0.0100
Footnotes: F1

KPLT transaction Derivative

Series A Convertible Preferred Stock

Sale

Transaction value
Shares: -2,840,910
Change %: -100%
Price
Shares after: 0
Date: 11 Aug 2026
Ownership: Direct
Underlying class: Common stock
Underlying amount: 2,840,910
Exercise price
Footnotes: F1, F4, F5, F6, F7

KPLT transaction Derivative

Series A Convertible Preferred Stock

Sale

Transaction value
Shares: -2,840,910
Change %: -100%
Price
Shares after: 0
Date: 11 Aug 2026
Ownership: Direct
Underlying class: Common stock
Underlying amount: 2,840,910
Exercise price
Footnotes: F1, F4, F5, F6, F7

KPLT transaction Derivative

Series A Convertible Preferred Stock

Sale

Transaction value
Shares: -2,840,910
Change %: -100%
Price
Shares after: 0
Date: 11 Aug 2026
Ownership: Direct
Underlying class: Common stock
Underlying amount: 2,840,910
Exercise price
Footnotes: F1, F4, F5, F6, F7

KPLT transaction Derivative

Series A Convertible Preferred Stock

Sale

Transaction value
Shares: -2,840,910
Change %: -100%
Price
Shares after: 0
Date: 11 Aug 2026
Ownership: Direct
Underlying class: Common stock
Underlying amount: 2,840,910
Exercise price
Footnotes: F1, F4, F5, F6, F7

KPLT transaction Derivative

Series B Convertible Preferred Stock

Sale

Transaction value
Shares: -2,633,890
Change %: -100%
Price
Shares after: 0
Date: 11 Aug 2026
Ownership: Direct
Underlying class: Common stock
Underlying amount: 2,633,890
Exercise price
Footnotes: F1, F6, F7, F8, F9

KPLT transaction Derivative

Series B Convertible Preferred Stock

Sale

Transaction value
Shares: -2,633,890
Change %: -100%
Price
Shares after: 0
Date: 11 Aug 2026
Ownership: Direct
Underlying class: Common stock
Underlying amount: 2,633,890
Exercise price
Footnotes: F1, F6, F7, F8, F9

KPLT transaction Derivative

Series B Convertible Preferred Stock

Sale

Transaction value
Shares: -2,633,890
Change %: -100%
Price
Shares after: 0
Date: 11 Aug 2026
Ownership: Direct
Underlying class: Common stock
Underlying amount: 2,633,890
Exercise price
Footnotes: F1, F6, F7, F8, F9

KPLT transaction Derivative

Series B Convertible Preferred Stock

Sale

Transaction value
Shares: -2,633,890
Change %: -100%
Price
Shares after: 0
Date: 11 Aug 2026
Ownership: Direct
Underlying class: Common stock
Underlying amount: 2,633,890
Exercise price
Footnotes: F1, F6, F7, F8, F9

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

HHCF Series 21 Sub, LLC, a Delaware limited liability company ("HHCF Sub") is a wholly-owned subsidiary of HHCF Series 21 Sub Holdco, LLC, a Delaware limited liability company ("Holdco"), and Holdco is a wholly-owned subsidiary of Hawthorn Horizon Credit Fund LLC, Series 21. Lane Risser ("Mr. Risser") is the sole manager of Hawthorn. Each of Holdco, Hawthorn and Mr. Risser disclaims Section 16 beneficial ownership of the securities reported herein, except to the extent, if any, of its or his pecuniary interest in such securities, and nothing contained herein shall be deemed an omission that any of Holdco, Hawthorn or Mr. Risser is the beneficial owner of such securities for Section 16 or any other purpose.

Footnote F2

On August 10, 2026, the reporting persons exercised a warrant to purchase 486,264 shares of common stock (the "Common Stock"), of Katapult Holdings, Inc. (the "Issuer') for $0.01 per share. The reporting persons paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 765 of the warrant shares to pay the exercise price and issuing to the reporting persons the remaining 485,499 shares.

Footnote F3

On August 10, 2026, the reporting persons exercised a warrant to purchase 160,000 shares of Common Stock of the Issuer for $0.01 per share. The reporting persons paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 252 of the warrant shares to pay the exercise price and issuing to the reporting persons the remaining 159,748 shares.

Footnote F4

Each share of Series A Convertible Preferred Stock (the "Series A Convertible Preferred Stock"), of Katapult Holdings, Inc., a Delaware corporation (the "Issuer"), is convertible into 81.16883 shares of Common Stock of the Issuer, based on an implied initial conversion price of $12.32 per share of Common Stock.

Footnote F5

Until the stockholders of the Issuer approve the conversion of the Series A Convertible Preferred Stock into shares of Common Stock as contemplated by the Nasdaq listing rules, no holder of Series A Convertible Preferred Stock may convert shares of Series A Convertible Preferred Stock through either an optional or a mandatory conversion into shares of Common Stock, if and to the extent that such conversion would result in the holder beneficially owning in excess of 19.99% of the aggregate number of votes entitled to be cast generally at a meeting of the Issuer's stockholders held for the election of directors by all outstanding shares of Common Stock as of immediately prior to the closing of the issuance and sale of Series A Convertible Preferred Stock by the Issuer to HHCF Sub.

Footnote F6

The Issuer, Katapult Merger Sub 1, Inc., a wholly-owned indirect subsidiary of the Issuer ("Merger Sub 1"), Katapult Merger Sub 2, LLC, a wholly-owned indirect subsidiary of Katapult ("Merger Sub 2"), CCF Holdings LLC, and Aaron's Intermediate Holdco, INC. ("Aaron's"), entered into an Agreement and Plan of Merger (the "Merger Agreement"). At the closing of the Mergers, which occurred on August 11, 2026, Merger Sub 1 merged with and into Aaron's (the "Aaron's Merger") and Merger Sub 2 merged with and into CCFI (the "CCFI Merger" and together with the Aaron's Merger, collectively the "Mergers").

Footnote F7

Immediately prior to the effective time of the Aaron's Merger, (i) the holders (the "Aaron's MIP Holders") of Class A Unit and Class B Unit membership interests ("Aaron's MIP Units") of Aaron's MIP Holdings, LLC assigned to the Issuer the Aaron's MIP Units and (ii) the Issuer issued to the Aaron's MIP Holders, 943,580 shares of the Issuer's Common Stock (the "Aaron's MIP Exchange"). The Issuer, Aaron's, CCFI and HHCF Sub entered into a side letter, effective as of immediately prior to the Aaron's MIP Exchange, pursuant to which (i) HHCF sold to the Issuer all Series A Convertible Preferred Stock and Series B Preferred Stock held by HHCF at a price per share equal to the liquidation preference of such share, plus any accrued and unpaid regular dividends thereon which purchase price was paid by the issuance of a new debt instrument by a subsidiary of the Issuer.

Footnote F8

Each share of Series B Preferred Stock of the Issuer is convertible into 87.79631 shares of Common Stock, based on an implied initial conversion price of $11.39 per share of Common Stock.

Footnote F9

Until the stockholders of the Issuer approve the conversion of the Series B Convertible Preferred Stock into shares of Common Stock as contemplated by the Nasdaq listing rules, no holder of Preferred Stock may convert shares of Series B Convertible Preferred Stock through either an optional or a mandatory conversion into shares of Common Stock, if and to the extent that such conversion would result in the holder beneficially owning in excess of 19.99% of the aggregate number of votes entitled to be cast generally at a meeting of the Issuer's stockholders held for the election of directors by all outstanding shares of Common Stock as of immediately prior to the closing of the issuance and sale of Series B Convertible Preferred Stock by the Issuer to HHCF Sub.