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.
Positive
- None.
Negative
- None.
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)
- 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
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
