Daniel Quire - May 12, 2025 Form 4 Insider Report for Karat Packaging Inc. (KRT)

Role
Chief Revenue Officer
Signature
/s/ Daniel Quire
Stock symbol
KRT
Transactions as of
May 12, 2025
Transactions value $
-$62,268
Form type
4
Date filed
5/15/2025, 08:35 PM
Previous filing
May 15, 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Quire Daniel Chief Revenue Officer 6185 KIMBALL STREET, CHINO /s/ Daniel Quire 2025-05-15 0001992297

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRT Common Stock Options Exercise +8K +67.98% 19.8K May 12, 2025 Direct F1
transaction KRT Common Stock Tax liability -$62.3K -2.07K -10.49% $30.04 17.7K May 14, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KRT Restricted Stock Units Options Exercise $0 -8K -50% $0.00 8K May 12, 2025 Common Stock 8K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Karat Packaging Inc.'s common stock received upon the vesting of restricted stock units ("RSUs").
F2 The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $29.9501 to $30.2801, inclusive. The reporting person undertakes to provide to Karat Packaging Inc. (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.
F3 The RSUs convert into common stock on a one-for-one basis.
F4 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.