Karat Packaging (KRT) insider’s spouse sells 4,500 shares

Rhea-AI Filing Summary

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.

Insider Trade Summary

Net Seller: 4,500 shares

Net Sell 2 txns

Insider Cheng Marvin

Role VP-Manufacturing, Secy

Sold 4,500 shs ($213K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	4,500	$47.33	$213K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,000 shares (Indirect, By Spouse); Common Stock — 5,257,272 shares (Direct)

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.25 to $47.50, inclusive. The reporting person undertakes to provide to 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 ranges set forth in this footnote.

Key Figures

Shares sold: 4,500 shares of Common Stock Weighted average sale price: $47.33 per share Price range of sale: $47.25 to $47.50 per share +3 more

6 metrics

Shares sold 4,500 shares of Common Stock Non-derivative sale on August 20, 2026, by spouse (indirect ownership)

Weighted average sale price $47.33 per share Shares sold in multiple transactions at prices from $47.25 to $47.50

Price range of sale $47.25 to $47.50 per share Range of individual transaction prices within the 4,500-share sale

Indirect holdings after transaction 3,000 shares Common Stock held indirectly by spouse after the sale

Direct holdings after transaction 5,257,272 shares Common Stock held directly by Marvin Cheng as of the filing

Prior gifted shares to spouse 7,500 shares Common Stock gifted to spouse on December 22, 2022, referenced in remarks

Key Terms

weighted average price, indirect, ten percent owner

3 terms

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.

indirect financial

"ownership_type": "indirect"

ten percent owner regulatory

""is_ten_percent_owner": 1"

FAQ

What insider transaction in KRT stock did Marvin Cheng report?

Marvin Cheng reported his spouse’s sale of 4,500 shares of Karat Packaging Inc. (KRT) common stock on August 20, 2026. The shares were held indirectly through his spouse, and the transaction is classified as a sale of non-derivative common stock.

At what price were the KRT shares sold in Marvin Cheng’s Form 4?

The reported sale used a weighted average price of $47.33 per share. According to the disclosure, individual trades occurred in multiple transactions at prices ranging from $47.25 to $47.50 per share.

How many KRT shares does Marvin Cheng report owning after this transaction?

After the reported sale, Marvin Cheng reports 5,257,272 shares held directly and his spouse holds 3,000 shares indirectly. These positions are reported separately as direct and indirect ownership of Karat Packaging Inc. common stock.

Who executed the KRT share sale reported by Marvin Cheng?

The 4,500-share sale of KRT common stock was executed by Marvin Cheng’s spouse. The shares had previously been gifted to his spouse, and Cheng reports this transaction as indirect ownership “By Spouse” in the filing.

Was the KRT insider sale by Marvin Cheng under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox as not selected, and no footnote states that the 4,500-share sale was made under a Rule 10b5-1 trading plan or other pre-arranged trading arrangement.

What prior gift of KRT shares to Marvin Cheng’s spouse is referenced?

The remarks reference that Marvin Cheng gifted 7,500 shares of Karat Packaging Inc. common stock to his spouse on December 22, 2022, as previously reported on a Form 5. The current Form 4 reflects the sale of 4,500 of those gifted shares.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/21/2026 - 09:35 PM Accepted by SEC EDGAR 08/21/2026 - 09:35 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Cheng Marvin

(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)

	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	VP-Manufacturing, Secy

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/20/2026		S		4,500	D	$47.33(1)	3,000	I	By Spouse
Common Stock								5,257,272	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 $47.25 to $47.50, inclusive. The reporting person undertakes to provide to 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 ranges set forth in this footnote.

Remarks:

As reported in the reporting person's Form 5 for the year ended December 31, 2022, the reporting person gifted his spouse 7,500 shares of common stock of the issuer on December 22, 2022. This Form 4 reflects the sale of 4,500 shares of those shares by the reporting person's spouse.

	/s/ Marvin Cheng	08/21/2026
	** Signature of Reporting Person	Date
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)