Form 4 for KRT Karat Packaging Inc.
Accepted 2025-06-13 00:00:00 ET · period of report 2025-06-12 · accession 0001213900-25-054429 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-06-13 | 2025-06-12 | KRT | Cheng Marvin | VP-Manufacturing, Secy, 10% | S - Sale | $27.00 | -750.0K | 5.37M | -12% | -$20.25M |
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 | 2025-06-12 | S | D | 750,000 | $27.00 | 5,369,772 | D | — | — | (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. (F2) 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. |