Chen Eric K 4

What Happened Eric K. Chen, a director of Karat Packaging Inc. (KRT), reported RSU-related transactions on May 7, 2026. The filing shows 1,000 shares acquired upon conversion of a derivative (RSU vesting) and a separate line showing 1,000 shares disposed at a $0.00 price (both transaction code M). No cash value is reported for the acquisition line (price N/A) and the disposed shares are recorded at $0, so the filing shows no cash proceeds.

Key Details

• Transaction date: May 7, 2026; Form 4 filed May 11, 2026 (within the typical 2-business-day reporting window).
• Acquired: 1,000 shares via conversion/vesting of RSUs (price: N/A).
• Disposed: 1,000 shares recorded at $0.00 (derivative).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1–F3 indicate these were RSUs vesting into common stock. The RSUs were originally granted May 7, 2024 (2,000 RSUs), vesting in two equal annual installments beginning May 7, 2025.
• No 10b5-1 plan, tax withholding method, or other reason for the $0 disposal is specified in the excerpt.

Context This filing reflects an award vesting event (RSUs converting into common shares), not an open-market buy or sale. Filings that show shares disposed at $0 in RSU conversions frequently reflect share surrender or withholding to satisfy tax withholding obligations or conversion mechanics, but the form here does not state the specific reason.