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Karat Packaging (KRT) CRO delivers shares for tax withholding in Form 4 filing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Karat Packaging Inc. Chief Revenue Officer Daniel Quire reported a routine tax-related share disposition. On May 15, 2026, he delivered 2,065 shares of common stock at a weighted average price of $26.2819 per share to satisfy tax obligations, and held 23,631 shares directly afterward.

Positive

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Insider Quire Daniel
Role Chief Revenue Officer
Type Security Shares Price Value
Tax Withholding Common Stock 2,065 $26.2819 $54K
Holdings After Transaction: Common Stock — 23,631 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares delivered for tax 2,065 shares Common Stock, code F tax-withholding disposition
Weighted average price $26.2819 per share Value used for 2,065-share tax-related disposition
Shares held after transaction 23,631 shares Direct ownership following May 15, 2026 Form 4 event
Tax-withholding shares 2,065 shares transactionSummary taxWithholdingShares
Transaction date May 15, 2026 Date of Form 4 non-derivative disposition
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the 2,065-share event"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): { "issuerName": "Karat Packaging Inc.""
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title": "Common Stock" for the reported transaction"
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.
transaction code F regulatory
"transaction_code": "F" with description of payment of tax liability"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Quire Daniel

(Last)(First)(Middle)
6185 KIMBALL STREET

(Street)
CHINO CALIFORNIA 91708

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Karat Packaging Inc. [ KRT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Revenue Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/15/2026F2,065D$26.2819(1)23,631D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.2805 to $26.4609, inclusive. The reporting person undertakes to provide to Karat Packaging Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
/s/ Daniel Quire05/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Karat Packaging (KRT) report for Daniel Quire?

Daniel Quire reported a tax-related disposition of shares. He delivered 2,065 shares of Karat Packaging common stock to cover tax obligations, a routine Form 4 event rather than an open-market buy or sell transaction.

How many Karat Packaging (KRT) shares does Daniel Quire hold after this Form 4?

After the transaction, Daniel Quire directly holds 23,631 shares. The Form 4 shows this post-transaction balance following the delivery of 2,065 shares for tax withholding purposes related to his equity compensation.

At what price were Daniel Quire’s Karat Packaging (KRT) shares valued in this Form 4?

The reported weighted average price was $26.2819 per share. The footnote explains that the 2,065 shares were transacted in multiple trades within a price range from $26.2805 to $26.4609, inclusive.

Was Daniel Quire’s Karat Packaging (KRT) Form 4 transaction an open-market sale?

No, it is classified as a tax-withholding disposition. The filing uses transaction code F, meaning shares were delivered to satisfy tax liabilities, which differs from a discretionary open-market sale of stock.

What does transaction code F mean in Daniel Quire’s Karat Packaging (KRT) Form 4?

Code F indicates payment of tax liability using shares. The description states it reflects delivering securities to cover exercise price or tax obligations, characterizing the event as a compensation-related mechanism rather than a standard buy or sell.