Marvin Cheng - 27 Jun 2025 Form 4 Insider Report for Karat Packaging Inc. (KRT)

Reporting relationship: VP-Manufacturing, Secy, 10%+ Owner
Issuer ticker: KRT
Reported as of: 27 Jun 2025
Net transaction value: -$3,037,500
SEC form: 4
Accepted by SEC: 01 Jul 2025, 20:30:57 UTC
Prior SEC filing: 13 Jun 2025
Source filing: View source filing
Reporting owner signature: /s/ Marvin Cheng

Key filing fact

Marvin Cheng filed Form 4 for Karat Packaging Inc. (KRT) on 01 Jul 2025.

Key facts

This page summarizes Marvin Cheng's Form 4 filing for Karat Packaging Inc. (KRT).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 01 Jul 2025, 20:30.

Change

Previous filing in this sequence was filed on 13 Jun 2025.
Current net transaction value: -$3,037,500.

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 (1)

CIK 0001790959 Primary reporting owner

Cheng Marvin

Relationship: VP-Manufacturing, Secy, 10%+ Owner
Address: 6185 KIMBALL STREET, CHINO
Signature: /s/ Marvin Cheng
Signature date: 01 Jul 2025

Reported non-derivative transactions

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

KRT transaction

Common Stock

Sale

Transaction value: $3,037,500
Shares: -112,500
Change %: -2.1%
Price: $27.00
Shares after: 5,257,272
Date: 27 Jun 2025
Ownership: Direct
Footnotes: F1

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Pursuant to a Registration Statement on Form S-3 that became effective on March 28, 2025 and an underwriting agreement dated June 10, 2025, Mr. Cheng sold 750,000 shares of common stock of the Issuer in an underwritten secondary public offering. The shares were sold at a public offering price of $27.00 per share, and Mr. Cheng paid an underwriting discount and commission of $1.4175 per share, resulting in a net price of $25.5825 per share. Mr. Cheng also granted the underwriters a 30-day option to purchase 112,500 additional shares of common stock at the same price and at the same underwriting discount and commission. On June 27, 2025, Mr. Cheng sold such shares pursuant to an exercise in full by the underwriters of such option.