Marvin Cheng - 27 Jun 2025 Form 4 Insider Report for Karat Packaging Inc. (KRT)

Role: VP-Manufacturing, Secy, 10%+ Owner
Signature: /s/ Marvin Cheng
Issuer symbol: KRT
Transactions as of: 27 Jun 2025
Transactions value $: -$3,037,500
Form type: 4
Filing time: 01 Jul 2025, 20:30:57 UTC
Previous filing: 13 Jun 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Cheng Marvin	VP-Manufacturing, Secy, 10%+ Owner	6185 KIMBALL STREET, CHINO	/s/ Marvin Cheng	01 Jul 2025	0001790959

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KRT	Common Stock	Sale	-$3.04M	-113K	-2.1%	$27.00	5.26M	27 Jun 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to a Registration Statement on Form S-3 that became effective on March 28, 2025 and an underwriting agreement dated June 10, 2025, Mr. Cheng sold 750,000 shares of common stock of the Issuer in an underwritten secondary public offering. The shares were sold at a public offering price of $27.00 per share, and Mr. Cheng paid an underwriting discount and commission of $1.4175 per share, resulting in a net price of $25.5825 per share. Mr. Cheng also granted the underwriters a 30-day option to purchase 112,500 additional shares of common stock at the same price and at the same underwriting discount and commission. On June 27, 2025, Mr. Cheng sold such shares pursuant to an exercise in full by the underwriters of such option.

Content

Pursuant to a Registration Statement on Form S-3 that became effective on March 28, 2025 and an underwriting agreement dated June 10, 2025, Mr. Cheng sold 750,000 shares of common stock of the Issuer in an underwritten secondary public offering. The shares were sold at a public offering price of $27.00 per share, and Mr. Cheng paid an underwriting discount and commission of $1.4175 per share, resulting in a net price of $25.5825 per share. Mr. Cheng also granted the underwriters a 30-day option to purchase 112,500 additional shares of common stock at the same price and at the same underwriting discount and commission. On June 27, 2025, Mr. Cheng sold such shares pursuant to an exercise in full by the underwriters of such option.