Form 4: Karat Packaging Inc. Director Eve Yen Reports Stock Transactions
SEC Form 4 Filing
Director Eve Yen reports the vesting of restricted stock units and subsequent disposal of shares of Karat Packaging Inc.
Summary
- On May 7, 2025, Eve Yen, a director of Karat Packaging Inc., reported transactions involving the company's stock.
- Yen vested 1,000 restricted stock units (RSUs), each representing a contingent right to receive one share of Karat Packaging Inc.'s common stock.
- Upon vesting, Yen received 1,000 shares of common stock and disposed of them.
- Following the reported transactions, Yen directly owns 7,000 shares of Karat Packaging Inc.'s common stock and 1,000 derivative securities.
- The RSUs were granted on May 7, 2024, and were scheduled to vest in two equal, annual installments beginning on May 7, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the director's transactions.
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 company directors and officers, which can provide insights into their perspectives on the company's performance and future prospects.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Reporting person was granted 2,000 RSUs. |
| 05/07/2025 | Vesting of 1,000 Restricted Stock Units (RSUs) and disposal of 1,000 shares. |
| 05/15/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Karat Packaging Inc., Stock Transaction, Director, Eve Yen, RSU, Vesting
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