Were Marvin Cheng’s KRT share sales made under a Rule 10b5-1 trading plan?

No. The filing indicates that the reported transactions were not made pursuant to a Rule 10b5-1 trading plan.

Karat Packaging VP sells 6,000 shares in Sept.

Q: What insider transactions did KRT executive Marvin Cheng report in this Form 4?

He reported selling 6,000 shares of Karat Packaging Inc. common stock in open market or private transactions: 4,000 shares on September 4, 2026 at a weighted average price and 2,000 shares on September 8, 2026 at $48.50 per share.

Q: At what prices were the KRT shares sold by Marvin Cheng?

On September 4, 2026, 4,000 shares were sold at a weighted average price of $48.38 per share, in multiple trades between $48.25 and $48.50. On September 8, 2026, 2,000 shares were sold at $48.50 per share.

Q: What type of transactions did Karat Packaging’s Form 4 report for Marvin Cheng?

The Form 4 reports sales of common stock in open market or private transactions and an indirect holding of 3,000 shares through his spouse as of September 4, 2026.

Karat Packaging VP-Manufacturing and Secretary Marvin Cheng reported open-market sales totaling 6,000 common shares and indirect spousal holdings of 3,000 shares.

Available on EDGAR 09/08/2026 - 06:33 PM EDT Accepted by SEC EDGAR 09/08/2026 - 06:33 PM EDT

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Form Type

Rhea-AI Filing Summary

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.

Insider Trade Summary

Net Seller: 6,000 shares

Net Sell 2 txns

Insider Cheng Marvin

Role VP-Manufacturing, Secy

Sold 6,000 shs ($291K)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,000	$48.50	$97K
Sale	Common Stock ^F1	4,000	$48.375	$194K
Holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 5,249,272 shares (Direct); Common Stock — 3,000 shares (Indirect, By Spouse)

Footnotes (1)

F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.25 to $48.50, 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 range set forth in this footnote.

Key Figures

Shares sold September 4, 2026: 4,000 shares Weighted average sale price September 4, 2026: $48.38 per share Price range September 4, 2026 sales: $48.25–$48.50 per share +4 more

7 metrics

Shares sold September 4, 2026 4,000 shares Common stock sold in open market or private transactions

Weighted average sale price September 4, 2026 $48.38 per share Average price for 4,000 shares sold in multiple trades

Price range September 4, 2026 sales $48.25–$48.50 per share Range of prices for the multiple trades comprising the 4,000-share sale

Shares sold September 8, 2026 2,000 shares Common stock sold in open market or private transactions

Sale price September 8, 2026 $48.50 per share Price per share for 2,000 shares of common stock sold

Indirect spousal holdings as of September 4, 2026 3,000 shares Common stock held indirectly through spouse and reported as indirectly owned

Total shares sold in reported period 6,000 shares Combined common stock sales on September 4 and September 8, 2026

Key Terms

weighted average price, open market or private transaction, indirect ownership

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.

open market or private transaction financial

"Sale in open market or private transaction"

indirect ownership financial

"By Spouse"

FAQ

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

What insider transactions did KRT executive Marvin Cheng report in this Form 4?

He reported selling 6,000 shares of Karat Packaging Inc. common stock in open market or private transactions: 4,000 shares on September 4, 2026 at a weighted average price and 2,000 shares on September 8, 2026 at $48.50 per share.

At what prices were the KRT shares sold by Marvin Cheng?

On September 4, 2026, 4,000 shares were sold at a weighted average price of $48.38 per share, in multiple trades between $48.25 and $48.50. On September 8, 2026, 2,000 shares were sold at $48.50 per share.

How many Karat Packaging (KRT) shares did Marvin Cheng’s spouse hold after the reported transactions?

As of September 4, 2026, Cheng reported that his spouse held 3,000 shares of Karat Packaging Inc. common stock, which are reported as indirectly owned by him.

What type of transactions did Karat Packaging’s Form 4 report for Marvin Cheng?

The Form 4 reports sales of common stock in open market or private transactions and an indirect holding of 3,000 shares through his spouse as of September 4, 2026.

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

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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)
09/04/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/04/2026		S		4,000	D	$48.375⁽¹⁾	5,251,272	D
Common Stock	09/08/2026		S		2,000	D	$48.5	5,249,272	D
Common Stock								3,000	I	By Spouse

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $48.25 to $48.50, 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 range set forth in this footnote.

	/s/ Marvin Cheng	09/08/2026
	** 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)

Source: View Original Filing on SEC EDGAR