Form 4: Karat Packaging Inc. Executive Daniel Quire Reports Stock Transactions
SEC Form 4
Chief Revenue Officer Daniel Quire reports the vesting of restricted stock units and subsequent stock sales.
Summary
- Daniel Quire, Chief Revenue Officer of Karat Packaging Inc., reported transactions involving the company's common stock.
- On May 12, 2025, 8,000 shares were acquired upon the vesting of restricted stock units (RSUs).
- On May 14, 2025, 2,073 shares were disposed of at a weighted average price of $30.0376.
- Following these transactions, Quire directly owns 17,696 shares of Karat Packaging Inc. common stock and 8,000 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by an executive, and does not indicate any particular positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US market and are required by the SEC to provide transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Reporting person was granted 24,000 RSUs. |
| 05/12/2025 | 8,000 shares acquired upon vesting of RSUs. |
| 05/14/2025 | 2,073 shares disposed of at a weighted average price of $30.0376. |
| 05/15/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Karat Packaging Inc., Daniel Quire, Stock Transaction, Restricted Stock Units, Beneficial Ownership, Chief Revenue Officer
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