Karat Packaging (KRT) 10% Owner Cheng Marvin Sells 2,000 Shares

What Happened

• Cheng Marvin, a reported 10% owner of Karat Packaging, sold 2,000 shares on 2026-09-01. The filing reports a weighted-average price of $47.75, for aggregate proceeds of $95,500. The sale is reported as an open-market or private sale (transaction code S).

Key Details

• Transaction date: 2026-09-01
• Reported weighted-average price: $47.75; total proceeds: $95,500
• Footnote: the shares were sold in multiple transactions at prices ranging from $47.50 to $48.00. The reporting person can provide a per-price breakdown on request.
• Shares owned after the transaction: not specified in the information provided here (see the full Form 4 for post-transaction holdings).
• Filing timeliness: Form filed 2026-09-02 (the day after the transaction); filing not marked late in the provided data.

Context

• This was a sale by a 10% owner—not an option exercise or award. Sales by large shareholders can reflect portfolio management and do not by themselves indicate a change in company fundamentals. For more detail (exact per-trade prices or post-sale holdings), consult the full Form 4 filing (Accession No. 0001213900-26-096829).