Quire Daniel 4
4 · Karat Packaging Inc. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Karat Packaging (KRT) CRO Daniel Quire Sells 2,065 Shares
What Happened
Daniel Quire, Chief Revenue Officer of Karat Packaging Inc. (KRT), disposed of 2,065 shares on 2026-05-15. The reported weighted-average price was $26.28 per share, for a total proceeds figure reported as $54,272. The transaction is coded F, indicating the shares were used to pay an exercise price or tax liability (a sell-to-cover or similar tax-withholding disposition), so this is a routine disposition rather than an open‑market investment sell.
Key Details
- Transaction date: 2026-05-15. Reported weighted-average price: $26.28/share.
- Price range: shares were sold in multiple trades at prices between $26.2805 and $26.4609 (per footnote F1). The reporting person can provide a breakdown on request.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: F1 explains the reported price is a weighted average and offers to provide per-trade details upon request. Transaction code F = payment of exercise price or tax liability.
- Filing timeliness: Filed with accession date 2026-05-15 for the 2026-05-15 report date (appears timely).
Context
This appears to be a sell-to-cover (disposition to satisfy taxes or exercise costs) related to equity compensation, which is common and not necessarily an indicator of the insider’s view on the company. For retail investors, purchases are typically more informative than routine tax-related sales; this transaction mainly documents tax withholding activity.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-05-15$26.28/sh−2,065$54,272→ 23,631 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.2805 to $26.4609, inclusive. The reporting person undertakes to provide to Karat Packaging Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.