Karat Packaging officer sells $95K in stock

Karat Packaging executive Marvin Cheng sold a small block of shares but continues to hold over 5.2 million shares directly plus additional shares through his spouse.

Rhea-AI Filing Summary

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.

Insider Trade Summary

Net Seller: 2,000 shares

Net Sell 2 txns

Insider Cheng Marvin

Role VP-Manufacturing, Secy

Sold 2,000 shs ($96K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	2,000	$47.75	$96K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 5,255,272 shares (Direct); Common Stock — 3,000 shares (Indirect, By Spouse)

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 $47.50 to $48.00, 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: 2,000 shares Weighted average sale price: $47.75 per share Sale price range: $47.50–$48.00 per share +3 more

6 metrics

Shares sold 2,000 shares Common stock sale reported for September 1, 2026

Weighted average sale price $47.75 per share Open-market sale of 2,000 shares on September 1, 2026

Sale price range $47.50–$48.00 per share Range of prices for multiple transactions included in the reported sale

Approximate transaction value $95,500 2,000 shares sold at a weighted average price of $47.75 per share

Direct holdings after sale 5,255,272 shares Direct ownership of Karat Packaging Inc. common stock following the reported sale

Indirect holdings by spouse 3,000 shares Shares of Karat Packaging Inc. common stock held indirectly through spouse

Key Terms

weighted average price, multiple transactions

2 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.

multiple transactions financial

"These shares were sold in multiple transactions at prices ranging"

FAQ

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

What insider transaction in KRT did Marvin Cheng report?

Marvin Cheng reported a sale of 2,000 shares of Karat Packaging Inc. common stock on September 1, 2026. The sale was described as an open-market or private transaction at a weighted average price of $47.75 per share.

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

The shares were sold at a weighted average price of $47.75 per share. According to the disclosure, the trades occurred in multiple transactions at prices ranging from $47.50 to $48.00, inclusive.

How many KRT shares does Marvin Cheng own after the reported sale?

Following the sale, Marvin Cheng directly owns 5,255,272 shares of Karat Packaging Inc. common stock and has 3,000 additional shares reported as indirectly owned through his spouse.

What is the approximate value of the KRT shares sold by Marvin Cheng?

Based on the weighted average price of $47.75 per share and 2,000 shares sold, the approximate transaction value is about $95,500, using only the figures provided in the disclosure.

Were any of Marvin Cheng’s KRT holdings reported as indirect ownership?

Yes. In addition to his direct holdings, the filing reports 3,000 shares of Karat Packaging Inc. common stock as held indirectly "By Spouse", indicating ownership attributed through his spouse.

Was Marvin Cheng’s KRT share sale made under a Rule 10b5-1 plan?

No Rule 10b5-1 trading plan is reported. The disclosure does not state that the September 1, 2026 sale of 2,000 shares was made pursuant to any pre-arranged Rule 10b5-1 trading arrangement.

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

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Available on EDGAR 09/02/2026 - 06:35 PM EDT Accepted by SEC EDGAR 09/02/2026 - 06:35 PM EDT 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)
09/01/2026

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	09/01/2026		S		2,000	D	$47.75(1)	5,255,272	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)
				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 $47.50 to $48.00, 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	09/02/2026
	** 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)