Karat Packaging Inc. 8-K

What Happened Karat Packaging Inc. (KRT) filed an 8-K on June 17, 2026 reporting the voting results from its Annual Meeting held June 16, 2026. Stockholders elected five directors—Alan Yu, Jian Guo, Paul Y. Chen, Eric Chen and Eve Yen—to serve until the next annual meeting. The company also reported ratification of BDO USA, P.C. as its independent registered public accounting firm for the fiscal year ending December 31, 2026, and an advisory approval ("Say on Pay") of its executive compensation.

Key Details

• Meeting date: June 16, 2026; 8-K filed: June 17, 2026; Signed by: Jian Guo, CFO.
• Directors elected (votes For / Withheld; broker non-votes 940,158 for each director):
  • Alan Yu: 16,693,717 For, 30,818 Withheld
  • Jian Guo: 16,216,901 For, 507,634 Withheld
  • Paul Y. Chen: 16,680,201 For, 44,334 Withheld
  • Eric Chen: 16,679,959 For, 44,576 Withheld
  • Eve Yen: 16,173,766 For, 550,769 Withheld
• Proposal 2 (auditor ratification): 17,635,447 For, 16,281 Against, 12,965 Abstentions; BDO USA, P.C. ratified for FY2026.
• Proposal 3 (advisory Say on Pay): 16,599,823 For, 103,149 Against, 21,563 Abstentions; broker non-votes 940,158.

Why It Matters

• Board continuity: All five director nominees were elected, so leadership and board oversight remain in place through the next annual meeting.
• Auditor ratified: Ratification of BDO USA as the independent auditor is a routine, affirmative step for FY2026 and was approved overwhelmingly.
• Shareholder sentiment on pay: The advisory Say on Pay passed by a large margin, though there was notable opposition and a meaningful number of broker non-votes on director and compensation items (940,158), which reflects shares held by brokers that did not vote on those matters. These outcomes are informational for investors assessing governance and oversight at Karat Packaging.