Filing Details
- Accession Number:
- 0001213900-25-054429
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-06-13 19:45:43
- Reporting Period:
- 2025-06-12
- Filing Date:
- 2025-06-13
- Accepted Time:
- 2025-06-13 19:45:43
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1758021 | Karat Packaging Inc. | KRT | Plastics Products, Nec (3089) | 832237832 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1790959 | Marvin Cheng | 6185 Kimball Street Chino CA 91708 | Vp-Manufacturing, Secy | No | Yes | Yes | No |
Transaction Summary
| Sold: | 750,000 shares | Avg. Price: $27.00 | Total Value: $20,250,000.00 |
| Number of Shares After Transactions: | 5,369,772 shares | ||
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2025-06-12 | 750,000 | $27.00 | 5,369,772 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
Footnotes
- 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.
- The previous filings inadvertently underreported the number of common stock owned by the reporting person by 20,045 shares. This filing properly reflects the correct number of shares as of June 13, 2025.
Billionaire Hedge Funds
