Karat Packaging officer plans sale of 20,000 shares

Officer Marvin Cheng has filed a Form 144 covering up to 20,000 KRT shares, including a late-reported 2,000-share sale on September 1, 2026.

Rhea-AI Filing Summary

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.

Key Figures

Shares covered by Form 144: 20,000 shares of common stock Aggregate market value of shares to be sold: $958,600 Shares sold in past 3 months: 2,000 shares of common stock +3 more

6 metrics

Shares covered by Form 144 20,000 shares of common stock Potential sales by officer Marvin Cheng disclosed in the notice

Aggregate market value of shares to be sold $958,600 20,000 KRT shares as of September 1, 2026

Shares sold in past 3 months 2,000 shares of common stock Sale on September 1, 2026 disclosed in past 3 months section

Aggregate price of prior sale $95,500 2,000 KRT shares sold on September 1, 2026

Date of IPO referenced April 14, 2021 Original acquisition of the common shares linked to IPO and equity compensation

Date of notice September 2, 2026 Signature date for the Form 144 notice by Marvin Cheng

Key Terms

Rule 144, Equity Compensation, Initial public offering, Living Trust, +1 more

5 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Equity Compensation financial

"20000 | 04/14/2021 | Equity Compensation"

Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

Initial public offering financial

"04/14/2021 | IPO | Issuer"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

Living Trust financial

"Account Title: Marvin Cheng Living Trust U/A DTD 03/10/2021"

common stock financial

"Common | Charles Schwab Corp 3000 Schwab Way"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing mean for Karat Packaging Inc. (KRT)?

The Form 144 notice relates to potential resales of 20,000 shares of Karat Packaging Inc. common stock by officer Marvin Cheng through Charles Schwab on Nasdaq, with an aggregate market value of $958,600 as of September 1, 2026. It does not register new shares by the company.

How many KRT shares is Marvin Cheng planning to sell under this Form 144?

The notice covers potential sales of up to 20,000 shares of Karat Packaging Inc. common stock. These shares are to be sold through Charles Schwab Corp. and are valued in the filing at an aggregate market value of $958,600 as of September 1, 2026.

What prior sales of KRT shares does the Form 144 disclose?

It discloses that 2,000 shares of Karat Packaging Inc. common stock were sold on September 1, 2026 for an aggregate price of $95,500. The remarks describe this Form 144 as a late filing for those 2,000 KRT shares sold on that date.

Who is the selling security holder named in the Karat Packaging Inc. (KRT) Form 144?

The Form 144 is filed for the account of Marvin Cheng, identified as an officer. The remarks further identify the account title for the prior sale as the Marvin Cheng Living Trust U/A DTD 03/10/2021 with Marvin K. Cheng as trustee.

What is the relationship of the securities to KRT’s IPO and equity compensation?

The securities to be sold are common shares originally acquired in connection with Karat Packaging Inc.’s April 14, 2021 IPO and identified in the filing under the transaction nature as Equity Compensation, indicating they relate to compensation arrangements rather than a new primary issuance.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/02/2026 - 03:50 PM EDT Accepted by SEC EDGAR 09/02/2026 - 03:50 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001790959
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Karat Packaging Inc.
SEC File Number	001-40336
Address of Issuer	6185 KIMBALL AVENUE CHINO CALIFORNIA 91708
Phone	6269658882
Name of Person for Whose Account the Securities are To Be Sold	Cheng Marvin
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab Corp 3000 Schwab Way Westlake TX 76262	20000	958600.00	19931721	09/01/2026	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	04/14/2021	IPO	Issuer			20000	04/14/2021	Equity Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Marvin Cheng 6185 Kimball Avenue Chino CA 91708	Common	09/01/2026	2000	95500.00

144: Remarks and Signature

Remarks	Late filing for 2,000 KRT Shares Sold on 9/1/26. Account Title: Marvin Cheng Living Trust U/A DTD 03/10/2021 - Marvin K. Cheng as trustee
Date of Notice	09/02/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Marvin Cheng
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)