Yen Eve 4

What Happened
Yen Eve, a director of Karat Packaging Inc. (KRT), had 1,000 restricted stock units (RSUs convert/vest) on May 7, 2026. The Form 4 shows an acquisition/conversion of 1,000 shares (derivative code M) and a contemporaneous disposition of 1,000 shares at $0.00. Footnotes state these were RSUs granted May 7, 2024 (2,000 RSUs total) that vested in two equal annual installments; this transaction reflects one of those vesting installments. The filing reports no cash consideration for the $0.00 disposition.

Key Details

• Transaction date: May 7, 2026 (reported on Form 4 filed May 11, 2026).
• Reported trades: 1,000 shares acquired (conversion of RSUs) and 1,000 shares disposed at $0.00 (both recorded under derivative code M).
• Price/Value: Acquisition price listed as N/A (RSUs convert to shares without a purchase price); disposal reported at $0.00 (no cash).
• Footnotes: F1–F3 confirm these shares came from RSU vesting (2,000 RSUs granted May 7, 2024, vesting in two annual installments).
• Shares owned after transaction: Not specified in the provided filing data.
• Timeliness: Form 4 was filed on May 11, 2026 for a May 7 transaction — this filing date is within the normal SEC Form 4 reporting window (timely).

Context
This was an RSU vest/conversion event (derivative conversion), not an open-market purchase or sale for cash. The filing shows an immediate $0.00 disposition of the same number of shares as were acquired; filings like this commonly reflect shares withheld by the company to satisfy withholding/tax obligations, though the form’s footnotes here only state the shares resulted from RSU vesting and do not explicitly describe withholding. Such RSU vestings are routine compensation events and do not by themselves indicate a change in insider sentiment.