Form 4 for KRT Karat Packaging Inc.
Accepted 2023-09-14 00:00:00 ET · period of report 2023-09-12 · accession 0001213900-23-076684 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-09-14 | 2023-09-12 | KRT | Yu Alan | CEO, Dir | S - Sale | $21.00 | -500.0K | 6.93M | -7% | -$10.50M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-09-12 | S | D | 500,000 | $21.00 | 6,926,698 | D | — | — | (F1) Pursuant to a Registration Statement on Form S-3 that became effective on November 28, 2022 and an underwriting agreement dated September 7, 2023, Mr. Yu sold 500,000 shares of common stock of the Issuer in an underwritten secondary public offering. The shares were sold at a public offering price of $21.00 per share, and Mr. Yu paid an underwriting discount and commission of $0.735 per share, resulting in a net price of $20.265 per share. |