Form 4: Karat Packaging CEO Alan Yu Reports Stock Transactions
SEC Filing
Alan Yu, CEO of Karat Packaging Inc., reports the vesting of restricted stock units and subsequent stock transactions.
Summary
- On May 12, 2025, Alan Yu, the CEO of Karat Packaging Inc., vested 8,000 shares of common stock upon the vesting of restricted stock units (RSUs).
- On May 14, 2025, Yu disposed of 2,543 shares of common stock at a weighted average price of $30.0376.
- Following these transactions, Yu beneficially owns 6,953,805 shares of Karat Packaging Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their potential impact on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the CEO's stock transactions as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| March 12, 2024 | Reporting person was granted 24,000 RSUs. |
| May 12, 2024 | First vesting date of RSUs. |
| May 12, 2025 | RSUs vested and shares of common stock were acquired. |
| May 14, 2025 | Shares of common stock were disposed of. |
| May 15, 2025 | Date of signature. |
Keywords
Form 4, Karat Packaging Inc., Alan Yu, Stock Transactions, Beneficial Ownership, RSUs, KRT
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