Companies Katapult Holdings, Inc.
Katapult (KPLT): executive pay, fiscal 2025
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CEO pay, last three years
- $1,187,267FY2024
- $1,076,423FY2025
CEO total pay was $1,076,423 in fiscal 2025, down from $1,187,267 in fiscal 2024.
FY2025: salary $675,000 · bonus $0 · stock awards $0 · option awards $0
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Orlando Zayas | $675,000 | $0 | $0 | $0 | $383,923 | $0 | $17,500 | $1,076,423 |
| Chief Executive Officer | ||||||||
| Nancy Walsh | 572,000 | 0 | 0 | 0 | 258,399 | 0 | 17,500 | 847,899 |
| Chief Financial Officer | ||||||||
| Derek Medlin | 520,000 | 0 | 0 | 0 | 294,793 | 0 | 17,500 | 832,293 |
| President & Chief Growth Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Orlando Zayas | $1,076,423 | $1,187,267 | — | ↓ −110,844 |
| Nancy Walsh | 847,899 | 1,014,288 | — | ↓ −166,389 |
| Derek Medlin | 832,293 | 876,448 | — | ↓ −44,155 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
Our compensation programs seek to attract, retain, motivate and reward our employees to achieve results that align with the interests of our shareholders. Our executive compensation has three primary components: (i) base pay providing competitive base salaries; (ii) annual short-term cash incentives tied to key performance targets; and (iii) long-term incentives in the form of restricted stock units and performance cash aimed at driving long term performance, retention, and shareholder value.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | FW Cook |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Derek Medlin | RSU | 1,287 | — | $8,314 |
| Derek Medlin | RSU | 1,482 | — | 9,574 |
| Nancy Walsh | RSU | 1,710 | — | 11,047 |
| Orlando Zayas | RSU | 1,772 | — | 11,447 |
| Orlando Zayas | RSU | 2,598 | — | 16,783 |
| Nancy Walsh | RSU | 5,740 | — | 37,080 |
| Derek Medlin | RSU | 8,336 | — | 53,851 |
| Nancy Walsh | RSU | 9,586 | — | 61,926 |
| Orlando Zayas | RSU | 11,045 | — | 71,351 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Don GayhardtIndependent · Board Chair · Audit Committee (Chair) · Compensation Committee | $86,784 | $150,000 | — | — | — | $236,784 |
| Philip Key Bartow IIIIndependent · Audit Committee · Compensation Committee · Nominating and Corporate Governance Committee (Chair) | 11,624 | 87,534 | — | — | — | 99,158 |
| Gregory ZinkIndependent · Audit Committee · Compensation Committee (Chair) · Nominating and Corporate Governance Committee | 7,092 | 78,082 | — | — | — | 85,174 |
| Jane J. ThompsonIndependent · Compensation · Audit · Departed during FY | 69,859 | 0 | — | — | — | 69,859 |
| Chris MastoIndependent · Nominating and Corporate Governance · Audit · Departed during FY | 64,375 | 0 | — | — | — | 64,375 |
| Joyce PhillipsIndependent · Nominating and Corporate Governance · Compensation · Audit · Departed during FY | 38,580 | 0 | — | — | — | 38,580 |
| Jeffrey RubinIndependent · Compensation · Nominating and Corporate Governance · Audit · Departed during FY | 4,334 | 0 | — | — | — | 4,334 |
| Brian HirschIndependent · Departed during FY | 0 | 0 | — | — | — | — |
Board fee structure and ownership guideline
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | $150,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 10,000 |
| Stock ownership guideline | $5 |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $282,648 |
| Equity awards (grant-date value) | $315,616 |
| All other compensation | $0 |
| Total cost of the board | $598,264 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Katapult as a peer
Companies that benchmark against KPLT
1 company names KPLT as a compensation peer
- Open Lending CorpLPROFY2025
Each company listed discloses KPLT in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named KPLT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Katapult Holdings, Inc. | 2025 | Orlando Zayas | $675,000 | $0 | $0 | $383,923 | $1,076,423 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (14 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Orlando Zayas. DEF 14A, filed 2026-03-20. Section “Summary Compensation Table” · page 29. As printed: 1,076,423. View filing ↗
- Section 01, Nancy Walsh. DEF 14A, filed 2026-03-20. Section “Summary Compensation Table” · page 29. As printed: 847,899. View filing ↗
- Section 01, Derek Medlin. DEF 14A, filed 2026-03-20. Section “Summary Compensation Table” · page 29. As printed: 832,293. View filing ↗
- Section 08, Don Gayhardt. DEF 14A, filed 2026-03-20. Section “Director Compensation”. As printed: 236,784. View filing ↗
- Section 08, Philip Key Bartow III. DEF 14A, filed 2026-03-20. Section “Director Compensation”. As printed: 99,158. View filing ↗
- Section 08, Gregory Zink. DEF 14A, filed 2026-03-20. Section “Director Compensation”. As printed: 85,174. View filing ↗
- Section 08, Jane J. Thompson. DEF 14A, filed 2026-03-20. Section “Director Compensation”. As printed: 69,859. View filing ↗
- Section 08, Chris Masto. DEF 14A, filed 2026-03-20. Section “Director Compensation”. As printed: 64,375. View filing ↗
- Section 08, Joyce Phillips. DEF 14A, filed 2026-03-20. Section “Director Compensation”. As printed: 38,580. View filing ↗
- Section 08, Jeffrey Rubin. DEF 14A, filed 2026-03-20. Section “Director Compensation”. As printed: 4,334. View filing ↗
- Section 08, Brian Hirsch. DEF 14A, filed 2026-03-20. Section “Director Compensation”. As printed: —. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 282,648 + equity 315,616 + all other 0 = 598,264, summed across the director compensation table rows.
- Katapult Holdings, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-03-20. CEO total compensation as printed in Katapult Holdings, Inc.'s own proxy. As printed: 1,076,423. View filing ↗