Yu Alan 4
Research Summary
AI-generated summary
Karat Packaging (KRT) CEO Yu Alan Sells 2,124 Shares
What Happened
- Yu Alan, CEO of Karat Packaging Inc. (KRT), disposed of 2,124 shares on May 15, 2026 to satisfy a tax or exercise-related withholding obligation (transaction code F). The filing reports a weighted-average price of $26.28 per share for total proceeds of approximately $55,823. This was a sale to cover tax/exercise obligations rather than a directional open-market purchase.
Key Details
- Transaction date: 2026-05-15.
- Shares disposed: 2,124; weighted-average price reported: $26.28; reported proceeds: $55,823.
- Footnote: the reported price is a weighted average; individual sale prices ranged from $26.2805 to $26.4609. The reporting person will provide a per-price breakdown upon request (see F1).
- Purpose: Code F — payment of exercise price or tax liability (withholding).
- Shares owned after the transaction: Not specified in the provided filing.
- Filing timeliness: Report filed on 2026-05-15 (same date as the report/transaction); no late filing flag noted.
Context
- Code F transactions typically represent routine withholding sales to satisfy tax obligations arising from option exercises or equity vesting and do not necessarily indicate a change in the insider’s view of the company.
- The footnote indicates the shares were sold in multiple transactions at different prices; details can be requested from the Company or the SEC staff for a full per-price breakdown.