Welcome to our dedicated page for Karat Packaging SEC filings (Ticker: KRT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Karat Packaging Inc. filings document the public-company disclosures of a specialty distributor and manufacturer of disposable foodservice products and related items. Recent Form 8-K reports cover quarterly and annual operating results, cash dividend declarations, share repurchase authorization, and changes in the company’s independent registered public accounting firm.
The company’s proxy materials describe annual meeting matters, director elections, auditor ratification, advisory executive compensation votes and related governance procedures. Karat Packaging’s filings also identify its emerging growth company status and include disclosure topics involving common stock capital actions and internal control over financial reporting.
Karat Packaging Inc. (KRT) reported that officer and major shareholder Marvin Cheng, its VP-Manufacturing and Secretary, sold 4,000 shares of common stock on September 4, 2026 at a weighted average price of $48.38 per share in open market or private transactions, and a further 2,000 shares on September 8, 2026 at $48.50 per share. As of September 4, 2026, 3,000 shares of common stock were held indirectly through his spouse.
Karat Packaging Inc. (KRT) officer and ten percent owner Marvin Cheng reported selling 2,000 shares of common stock on September 1, 2026 in an open-market transaction at a weighted average price of $47.75 per share, with individual trade prices ranging from $47.50 to $48.00. After this sale, he holds 5,255,272 shares directly and 3,000 shares indirectly through his spouse, and no Rule 10b5-1 trading plan is reported.
Karat Packaging Inc. (KRT) is the issuer for a Form 144 notice filed for the account of officer Marvin Cheng covering potential sales of its common stock. The notice lists up to 20,000 shares of common stock to be sold through Charles Schwab Corp., with an aggregate market value of $958,600 as of September 1, 2026, on Nasdaq. It also reports that 2,000 shares of KRT common stock were sold on September 1, 2026, for an aggregate price of $95,500 by the Marvin Cheng Living Trust, and notes this as a late filing for that prior sale.
Karat Packaging Inc. (KRT) insider Marvin Cheng, a ten percent owner and VP-Manufacturing, reported an indirect sale of 4,500 shares of common stock on August 20, 2026, by his spouse. The weighted average sale price was $47.33 per share, with individual trades between $47.25 and $47.50. Following this transaction, Cheng’s spouse held 3,000 shares indirectly, while Cheng also reported 5,257,272 shares held directly.
Karat Packaging Inc. director and Chief Financial Officer Jian Guo reported an option exercise involving 4,700 shares of common stock on August 13, 2026. A stock option to acquire 4,700 shares at an exercise price of $16.53 per share was exercised, disposing of the derivative position and acquiring an equal number of common shares. Following the transactions, Guo held 41,029 common shares directly and 500 common shares indirectly, held by a spouse. The underlying option, which began vesting in equal annual installments starting February 1, 2023, now has 31,850 derivative shares reported as remaining.
Karat Packaging Inc. delivered very strong results for the quarter and six months ended June 30, 2026. Net sales were $136.3 million in the quarter and $253.2 million year‑to‑date, up 9.9% and 11.3% year over year. Quarterly net income reached $29.6 million (diluted EPS $1.46), with first‑half net income of $36.8 million (diluted EPS $1.80).
Results were significantly affected by $26.7 million of IEEPA tariff refunds recognized in Q2 2026, including $25.8 million recorded as a reduction of cost of goods sold and $0.9 million as interest income. This lifted gross margin to 56.6% for the quarter and 46.9% for the first half and increased Adjusted EBITDA to $41.6 million in Q2 and $54.1 million year‑to‑date.
Operating cash flow rose to $40.3 million for the first half, supporting dividends of about $18.0 million, early term‑loan repayments, and $2.0 million of share repurchases. As of June 30, 2026, cash and cash equivalents were $38.4 million, short‑term investments $15.7 million, and term debt $34.6 million, with no borrowings under a $20 million revolving credit facility. Management highlighted changing tariff regimes, a CBP duty matter with a $1.3 million reserve, and ongoing supply‑chain realignment as important continuing factors.
Karat Packaging Inc. reported record Q2 2026 net sales of $136.3 million, up 9.9% year over year, driven by volume and mix and 23.6% online growth. International Emergency Economic Powers Act (IEEPA) tariff refunds of $25.8 million reduced cost of goods sold and added $0.9 million of interest income, significantly boosting profitability.
Gross profit was $77.2 million with a 56.6% margin, and net income rose to $29.6 million, or $1.46 per diluted share; adjusted EBITDA was $41.6 million with a 30.5% margin. For the first half, net sales reached $253.2 million and net income $36.8 million. The company is finalizing a lease for a 47,000-square-foot Orlando distribution center expected to be operational in the third quarter. The board increased the regular quarterly dividend to $0.47 per share and repurchased 73,510 shares for about $2.0 million, leaving $10.0 million available under its program. Management guides to low double-digit net sales growth and mid-teens adjusted EBITDA margin for full-year 2026.
Karat Packaging Inc. reported that its board of directors increased the regular quarterly cash dividend on its common stock to $0.47 per share. The dividend will be paid on or about August 28, 2026 to stockholders of record at the close of business on August 21, 2026.
The accompanying press communication notes this represents an increase of $0.02 per share, or 4.4 percent, compared with the prior quarterly dividend level. The company describes itself as a specialty distributor and manufacturer of disposable foodservice products in the United States.
Karat Packaging Inc. reported the results of its 2026 Annual Meeting of Stockholders held on June 16, 2026. Stockholders elected five directors—Alan Yu, Jian Guo, Paul Y. Chen, Eric Chen, and Eve Yen—to serve until the next annual meeting or until their successors are elected and qualified. Support for each nominee was strong, with votes for ranging from 16,173,766 to 16,693,717, along with 940,158 broker non-votes on each director proposal.
Stockholders also ratified the appointment of BDO USA, P.C. as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, with 17,635,447 votes for, 16,281 against, and 12,965 abstentions. In addition, stockholders gave advisory approval to the company’s executive compensation, with 16,599,823 votes for, 103,149 against, 21,563 abstentions, and 940,158 broker non-votes.
Karat Packaging Inc. director and Chief Financial Officer Guo Jian reported a routine tax-related stock transaction. A Form 4 shows a code F tax-withholding disposition of 2,733 shares of common stock at a weighted average price of $26.2819 per share. After this transaction, Jian directly owns 36,329 shares of Karat Packaging common stock and has an additional 500 shares reported as indirectly owned through a spouse. The filing notes that the price reflects multiple trades within a range, but the event reflects payment of tax obligations rather than an open-market sale decision.