Form 4: Karat Packaging Inc. Director Paul Y. Chen Reports Stock Transactions
SEC Form 4 Filing
Director Paul Y. Chen reports the vesting of restricted stock units and subsequent acquisition and disposal of common stock.
Summary
- On May 7, 2025, Paul Y. Chen, a director of Karat Packaging Inc., reported transactions involving the company's stock.
- Chen acquired 1,000 shares of common stock upon the vesting of restricted stock units (RSUs).
- Simultaneously, Chen disposed of 1,000 shares of common stock.
- Following these transactions, Chen directly owns 6,000 shares of common stock.
- Chen also continues to hold 1,000 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| May 7, 2024 | Reporting person was granted 2,000 RSUs. |
| May 7, 2025 | Vesting of 1,000 Restricted Stock Units and subsequent stock transactions. |
| May 15, 2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Karat Packaging Inc., Stock, Director, Paul Y. Chen, RSU, Beneficial Ownership
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