Karat Packaging Inc. — Director's Dealing 2025

Jun 13, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Karat Packaging Inc. (KRT)
CIK: 0001758021
Period of Report: 2025-06-12

Reporting Person: Cheng Marvin (VP-Manufacturing, Secy, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-06-12	Common Stock	S	750000	$27.00	Disposed	5369772	Direct

Footnotes

F1: Pursuant to a Registration Statement on Form S-3 that became effective on March 28, 2025 and an underwriting agreement dated June 10, 2025, Mr. Cheng sold 750,000 shares of common stock of the Issuer in an underwritten secondary public offering. The shares were sold at a public offering price of $27.00 per share, and Mr. Cheng paid an underwriting discount and commission of $1.4175 per share, resulting in a net price of $25.5825 per share.

F2: The previous filings inadvertently underreported the number of common stock owned by the reporting person by 20,045 shares. This filing properly reflects the correct number of shares as of June 13, 2025.