STOCK TITAN

Karat Packaging (KRT) CRO gets 8,000 shares as RSUs vest

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

Rhea-AI Filing Summary

Karat Packaging Inc. Chief Revenue Officer Daniel Quire reported equity compensation activity. On May 12, 2026, 8,000 restricted stock units vested and converted into 8,000 shares of common stock, bringing his direct holdings to 25,696 shares. The RSUs convert into common stock on a one-for-one basis. Earlier, on March 11, 2026, he was granted 24,000 RSUs, which vest in two equal annual installments beginning on March 10, 2027, in addition to a prior 24,000 RSU grant from March 12, 2024 that vests over three years.

Positive

  • None.

Negative

  • None.
Insider Quire Daniel
Role Chief Revenue Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 8,000 $0.00 --
Exercise Common Stock 8,000 $0.00 --
Grant/Award Restricted Stock Units 24,000 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 25,696 shares (Direct, null)
Footnotes (1)
  1. Represents shares of Karat Packaging Inc.'s common stock received upon the vesting of restricted stock units ("RSUs"). The RSUs convert into common stock on a one-for-one basis. On March 11, 2026, the reporting person was granted 24,000 RSUs. These RSUs vest in two equal, annual installments beginning on March 10, 2027. On March 12, 2024, the reporting person was granted 24,000 RSUs. These RSUs were scheduled to vest in three equal, annual installments beginning on May 12, 2024.
Shares from RSU vesting 8,000 shares Common stock received on May 12, 2026
Shares held after transaction 25,696 shares Direct common stock holdings following May 12, 2026 vesting
New RSU grant 24,000 RSUs Grant dated March 11, 2026
Prior RSU grant 24,000 RSUs Grant dated March 12, 2024
Exercise/vesting events 8,000 RSUs exercised Exercise or conversion of derivative security on May 12, 2026
Restricted Stock Units financial
"Represents shares of Karat Packaging Inc.'s common stock received upon the vesting of restricted stock units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"On March 11, 2026, the reporting person was granted 24,000 RSUs."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vest financial
"These RSUs vest in two equal, annual installments beginning on March 10, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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)
03/11/2026
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 Stock05/12/2026M8,000A(1)25,696D
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
Restricted Stock Units(2)03/11/2026A24,000 (3) (3)Common Stock24,000$024,000D
Restricted Stock Units(2)05/12/2026M8,000 (4) (4)Common Stock8,000$00D
Explanation of Responses:
1. Represents shares of Karat Packaging Inc.'s common stock received upon the vesting of restricted stock units ("RSUs").
2. The RSUs convert into common stock on a one-for-one basis.
3. On March 11, 2026, the reporting person was granted 24,000 RSUs. These RSUs vest in two equal, annual installments beginning on March 10, 2027.
4. On March 12, 2024, the reporting person was granted 24,000 RSUs. These RSUs were scheduled to vest in three equal, annual installments beginning on May 12, 2024.
/s/ Daniel Quire05/14/2026
** 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 transactions did Karat Packaging (KRT) report for Daniel Quire?

Karat Packaging’s Chief Revenue Officer Daniel Quire reported equity compensation activity, including 8,000 RSUs vesting into 8,000 common shares and a separate grant of 24,000 RSUs. These transactions represent stock-based compensation, not open-market share purchases or sales.

How many Karat Packaging (KRT) shares does Daniel Quire hold after these transactions?

After the RSU vesting on May 12, 2026, Daniel Quire directly holds 25,696 shares of Karat Packaging common stock. This reflects shares received from RSUs converting into common stock on a one-for-one basis as disclosed in the filing and footnotes.

What RSU grant did Daniel Quire receive from Karat Packaging (KRT) on March 11, 2026?

On March 11, 2026, Daniel Quire was granted 24,000 restricted stock units. According to the disclosure, these RSUs vest in two equal annual installments beginning on March 10, 2027, providing future stock-based compensation as they convert into common stock over time.

How do Daniel Quire’s RSUs convert into Karat Packaging (KRT) common stock?

The filing states that Daniel Quire’s restricted stock units convert into Karat Packaging common stock on a one-for-one basis. This means each vested RSU delivers one share of common stock, such as the 8,000 RSUs that vested into 8,000 shares on May 12, 2026.

What earlier RSU award did Karat Packaging (KRT) grant to Daniel Quire in 2024?

On March 12, 2024, Karat Packaging granted Daniel Quire 24,000 RSUs. These units were scheduled to vest in three equal annual installments beginning on May 12, 2024, providing a multi-year equity compensation structure tied to continued service.